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Bitcoin Exchange Revenue Analyzer

What a Bitcoin buy-and-sell service earns your institution in non-interest income. Set adoption, fees, and turnover yourself, start from an archetype, or load your institution from its call report.

Or pick an Archetype

The De Novo Trust preset models a digital-asset-focused charter; these institutions report materially higher adoption than established retail banks.

Customer Base

$100M$50B
$
$5k$100k

Used to estimate customer or member count. Credit unions typically run $15k–$25k; community banks $25k–$60k.

—

Derived from deposits divided by average balance.

Adoption

%
0.5%30%

Bank-customer adoption surveys typically report 5%–15% intent. Pilots have come in lower; 1%–5% is a conservative starting range.

Sources: NYDIG Bitcoin + Banking Survey (2021) · Cornerstone Advisors research, Forbes (2021)

$
$100$20,000
×
1×6×

1× treats the first purchase as buy-and-hold, where only the buy side transacts. 2× means each dollar bought is also sold within the year; sell-side activity scales with the multiplier above 1×.

Fee Economics

%
0%3%

Charged on each buy and each sell. Bank-channel pricing typically lands in the 0.50%–1.50% range.

%
0%1.5%

Pass-through cost paid to your BTC liquidity provider on each side. Bank-channel wholesale quotes typically run 0.20%–0.50%.

$
$0$2.00

Tech, processing, and travel-rule overhead per buy or sell.

Custody Revenue (Optional)

%
0%100%
%
0%1%

Time Horizon

Default as of June 2026. Adjust to the current market price.

Affects BTC unit conversion only. Does not change USD volume or USD revenue.

—
Customers Adopting
—
—
Annual Volume (USD)
—
—
Bitcoin Bought
—
—
Net Annual Revenue
—
—
Key assumption: Headline metrics show steady-state (terminal adoption). The multi-year chart adds an onboarding ramp, defaulting to 50% / 85% / 100% / 105% / 110% of terminal adoption across years 1–5.

Revenue Build-Up (steady state)

Multi-Year Projection

Net Revenue by Adoption Rate

% of customers who buy Bitcoin

Revenue Composition (steady state)

Custody adds an annuity-like revenue stream that compounds with held balances year over year.

Sensitivity

Net annual revenue at steady state, across adoption rates.

Model Assumptions & Notes

Volume vs. revenue. Annual volume counts buys and sells combined. Revenue is earned on each side, so the fee applies to the full volume figure.

Customer count is estimated. Call reports do not disclose customer counts. The model divides total deposits by an average balance you control.

Liquidity costs are pass-through. The liquidity provider spread is treated as a direct cost on each side and is netted out of gross fees.

Custody is optional. Custody revenue can be switched off entirely. When on, held balances carry forward across years, which is what makes the multi-year line compound.

No price speculation. Spot price affects the BTC unit conversion only. It does not change USD volume or USD revenue anywhere in the model.

Multi-year ramp. Only the multi-year chart applies the onboarding ramp. Every other figure on the page is steady state.

This tool is provided for educational and informational purposes only. It does not constitute legal, financial, investment, tax, or accounting advice, and its outputs are illustrative approximations rather than projections of any institution's actual results. Consult your own legal, financial, and compliance advisors before making business decisions. Institution data is sourced from FDIC BankFind Suite (banks) and NCUA Quarterly Call Report Data (credit unions).

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