Fold Review (October 2026): Fees, US States and Licenses

Our verdict

Fold is a bitcoin rewards and buying app from Fold Holdings, Inc. (NASDAQ: FLD), based in Phoenix. Accounts are open to residents of the 50 states and DC; users can buy, sell and withdraw bitcoin, with custody and exchange services provided by BitGo. A transaction fee applies unless the account holds at least $5,000 in Fold Reserve. Fold also offers bitcoin-rewards debit and credit cards.

Fold fees

Maker / taker

— Not verified

Simple buy

A Transaction Fee plus an exchange-rate spread applies to accounts holding under $5,000 in Fold Reserve (percentage not captured); at $5,000 or more there is no Transaction Fee and no added Fold spread

Volume tiers

Benefits scale with Fold Reserve balance tiers from $0 to $100,000 (terms effective Oct 1, 2026). Auto-Stack recurring buys start at $10.

ACH deposit

Free (inbound ACH and direct deposit $0)

Wire deposit

$10 inbound domestic wire

Card purchase

— Not verified

USD withdrawal

Standard ACH free; same-day ACH 0.5% ($1 minimum, $20 maximum); instant FedNow transfer 1.5% ($1 minimum); outbound domestic wire $25

Crypto withdrawal

Bitcoin network fee passed through; Fold pays the network fee for accounts with $5,000 or more in Fold Reserve

Other fees

Fold Spending Account: no monthly, opening, inactivity or closure fees

Minimum deposit

— Not verified

Is Fold available in my state?

Terms and Conditions effective Oct 1, 2026 open Fold accounts to US citizens and permanent residents who primarily reside in one of the 50 states or DC.

• AL available
• AK available
• AZ available
• AR available
• CA available
• CO available
• CT available
• DE available
• DC available
• FL available
• GA available
• HI available
• ID available
• IL available
• IN available
• IA available
• KS available
• KY available
• LA available
• ME available
• MD available
• MA available
• MI available
• MN available
• MS available
• MO available
• MT available
• NE available
• NV available
• NH available
• NJ available
• NM available
• NY available
• NC available
• ND available
• OH available
• OK available
• OR available
• PA available
• RI available
• SC available
• SD available
• TN available
• TX available
• UT available
• VT available
• VA available
• WA available
• WV available
• WI available
• WY available

Accounts open to US citizens and permanent residents living in the 50 states or DC (the 'Permitted Territory'); territories are not included. Fold says its bitcoin services cover all 50 states via BitGo.

New York

Yes

ID check (KYC)

Yes

Withdraw crypto

Yes

Funding

ACH, Wire, Direct deposit

Is Fold regulated?

• NASDAQ: FLD

US operator

Fold, Inc.

Parent company

Fold Holdings, Inc. (NASDAQ: FLD)

State licenses

— Not verified

New York license

— Not verified

Other

Bitcoin custody and exchange services are provided by BitGo (BitGo Bank & Trust, N.A. and BitGo Prime LLC per Fold's terms). Spending account by Lead Bank; prepaid debit card issued by Sutton Bank; credit card issued by Celtic Bank.

Founded

— Not verified

Headquarters

Phoenix, AZ, USA

How secure is Fold?

Proof of reserves

— Not verified

Audits

— Not verified

Insurance

The Fold Spending Account is provided by Lead Bank, Member FDIC; bitcoin is held with BitGo.

Incidents since 2019

None found in the sources checked.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Fold

• Spot
• Recurring buys
• Crypto card

Bitcoin only. Prepaid Visa debit card and Fold Bitcoin Rewards Credit Card pay rewards in bitcoin; also bitcoin gift cards, bill pay, direct deposit into bitcoin, round-ups and Auto-Stack recurring buys. Fold reported 826 BTC in treasury and nearly 85,000 verified accounts as of March 31, 2026.

Apps

iOS

Support

Help center