Internal transfers on Volity move money instantly between Volity accounts. Free across all currencies (USD, EUR, BTC, ETH, USDT, USDC). No on-chain transaction, no network fee, no minimum, no maximum from Volity. Useful for splitting bills, paying other Volity users, or moving between your own Volity accounts.
How free internal transfers work on Volity
- Open your Volity wallet
- Click “Send to Volity user”
- Enter the recipient’s Volity username or registered email address
- Choose the currency and amount
- Optional: add a note (for the recipient to see)
- Confirm
- Transfer is instant; the recipient sees the new balance immediately
Why free internal transfers exist on Volity
A bank transfer takes 1-2 business days and costs the sending bank’s fee. A crypto on-chain transfer takes 3-30 minutes and costs network fees. An internal Volity-to-Volity transfer takes microseconds and costs $0.
This matters in three cases:
1. Two Volity users transacting. If you owe a friend who also has Volity, sending them USD via internal transfer is cheaper and faster than any external rail.
2. Multiple Volity accounts owned by the same user. Some traders maintain a separate Volity account for different strategies (e.g., one for retirement, one for active trading). Internal transfers move capital between them instantly.
3. Business / family payments. Volity accounts under the same registered family or business can transfer between them with no cost or delay.
What you can transfer
- All wallet currencies: USD, EUR, BTC, ETH, USDT, USDC
- Any amount: no Volity minimum or maximum on internal transfers (subject to your own balance)
- Any moment: 24/7, including outside banking hours
What internal transfer is NOT
- Not an external send. The recipient must be a Volity user. Sending to a non-Volity wallet or bank account uses the relevant external rail (SEPA, SWIFT, crypto withdrawal)
- Not anonymous. Both sender and recipient are KYC-verified Volity users; transfers are logged
- Not reversible. Once sent, the recipient’s balance is updated. If you sent to the wrong Volity user, you need to ask them to send it back
Security
Internal transfers require:
- Your Volity login
- 2FA confirmation for transfers above a threshold (configurable in your security settings)
- The correct recipient identifier (username or registered email)
Volity’s database update is the entirety of the transfer, no external rail can fail, no on-chain transaction can be lost.
Key takeaways
Free internal transfers on Volity solve the slow + expensive movement problem inherent in traditional banking and on-chain crypto sending. Free internal transfers between Volity users are instant, with no on-chain transaction and no banking-rail fees.
Three uses for free internal transfers on Volity:
- Two Volity users transacting (faster + cheaper than any external rail)
- Same-user multi-account capital movement (e.g., trading account to long-term wallet)
- Family or business transfers between Volity accounts under shared registration
The free internal transfers feature requires both sender and recipient to be KYC-verified Volity users.
Sources
Related Volity payments pages
- SEPA Crypto Transfers: Free EUR
- Crypto Deposit Guide: BTC, ETH, USDT, USDC
- FX Conversion Fee: 1% Across All Swaps
Related Volity wallet pages
- Multi-Currency Wallet
- USDT Wallet
- Buy Crypto with Card
- Sell Crypto for Cash
- Crypto to Fiat Off-Ramp
- Fiat to Crypto On-Ramp
- Send Crypto on Volity
Frequently asked questions
Are internal transfers really free on Volity?
Yes. $0 from Volity. No on-chain transaction means no network fee. No minimum, no Volity-imposed maximum.
How fast are internal transfers?
Instant. The recipient sees the new balance immediately after you confirm the transfer.
Can I send any currency via internal transfer?
Yes. All Volity wallet currencies: USD, EUR, BTC, ETH, USDT, USDC. Pick the currency at send time.
Can I send to anyone with internal transfer?
Only to other Volity users. The recipient must have a Volity account (verified by username or registered email). For non-Volity recipients, use SEPA, SWIFT, or on-chain crypto withdrawal.
Is there a minimum or maximum on internal transfers?
No Volity-imposed minimum or maximum on internal transfers (subject to your available balance). Some larger transfers may trigger AML review pings, but the transfer itself completes immediately.
Are internal transfers reversible?
No. Once confirmed, the recipient’s balance is updated and Volity cannot reverse the transfer. If you sent to the wrong Volity user, ask them to send the amount back.
Do internal transfers require KYC?
Both sender and recipient must be KYC-verified Volity users. KYC is required for live trading and fiat withdrawal regardless; once complete, internal transfers are enabled.
