Frequently Asked Questions (FAQ)

Find answers to common questions about TÝR Markets

Sections

Why Choose TÝR Markets?

Getting Started

Trading and Exchange Rates

Liquidity and Order Execution

Security and Regulation

Why Choose TÝR Markets?

Our goal is to offer the most cost-effective, secure, and simple way to trade digital currency. With TÝR Markets, you get:
  • No hidden costs – you only pay 0.35% in commission
  • Global liquidity – access to 85% of the global trading volume in crypto
  • Immediate order execution
  • Safe and secure Norwegian trading platform
  • Funds stored in Norwegian banks
  • Registered with the Financial Supervisory Authority
  • Register in 3 minutes with BankID

Getting Started

Click on Register and use your BankID for fast and secure registration. The entire process takes less than 3 minutes.

None. Your identity is automatically verified via BankID.

You transfer NOK directly from your Norwegian bank account. No international transfers or currency exchange fees.

Withdrawals are made directly to your Norwegian bank account. The money usually arrives within 1-2 business days.

The minimum trading amount is 50 NOK.

Trading and Exchange Rates

Our commission is a maximum of 0.35% for regular users, and down to 0.10% for customers with high trading volumes.

A regular user is a customer who trades for less than 10 MNOK per month.

Spread in finance and digital currency trading refers to the difference between the buying price (bid) and the selling price (ask).
Simply explained:
  • Buying price (bid): The highest price someone is willing to pay for Bitcoin.
  • Selling price (ask): The lowest price someone is willing to sell Bitcoin for.
  • Spread: The difference between these two prices.

The smaller the spread, the better for you as a trader. A large spread means you pay more when buying and get less when selling. At TÝR Markets, we offer very competitive spreads thanks to our access to global liquidity.

No. The only thing you pay is the commission. This gives you as a customer a simple, predictable, and efficient trading experience.

Currently, you cannot place limit orders, but this will be introduced in the near future.

We do not offer stop-loss orders, but this will be introduced in the near future.

We are connected to leading crypto exchanges such as OKX, Bybit, and Crypto.com, and we trade currency at interbank exchange rates, which eliminates expensive conversions from NOK to USD or EUR.

In addition, we use professional market maker algorithms that optimize order execution. This allows us to offer very low commission and global liquidity with immediate execution.

Liquidity and Order Execution

A local order book is on a Norwegian exchange, where all participants are Norwegian. This often leads to low liquidity and a large spread between buyers and sellers.

A global order book in cryptocurrency refers to a system that collects all buy and sell orders for a specific cryptocurrency from multiple exchanges around the world.

A global order book aggregates liquidity from major international exchanges. This provides tight spreads and high liquidity. A local order book, on the other hand, relies only on orders from local investors. If you trade on a Norwegian exchange, it means you're only trading against other Norwegians. The result is wide spreads, low liquidity, and high transaction costs.

To illustrate: trading Bitcoin only on Norwegian exchanges is like trading Apple shares exclusively on the Oslo Stock Exchange instead of Nasdaq. The liquidity would be poor, spreads would be wide, and the market would be generally inefficient. This is precisely why Apple shares aren't listed on Oslo Stock Exchange – if you want to buy Apple, you do it through a broker connected to the international market.

The same applies when trading crypto. Bitcoin is a global digital currency and it makes little sense to trade it on a local exchange.

TÝR Markets gives you direct access to the global order book combined with local presence and security. With us, you always trade safely and securely at the right price.

If Bitcoin is trading at 1,300,000 NOK on Exchange A and 1,301,000 NOK on Exchange B, a global order book will show both prices. Through TÝR Markets, you would then buy from Exchange A.

You get access to over 85% of global crypto liquidity, and trade directly in NOK.

We are connected to leading crypto exchanges such as OKX, Bybit, and Crypto.com, through our own infrastructure. This gives our customers access to deep liquidity and fast order execution – without intermediaries.

When you trade with TÝR Markets, you will always trade at the correct market price at all times. We 'scan' the international market for the best price. You never need to worry about poor liquidity, market impact, or large spreads in the currency market. No matter how large or small your order is, you will be quoted global liquidity at market rates. The currency exchange will be executed immediately at interbank rates.

On weekends, we have a spread of 1% because the FIAT currency market is closed and we cannot hedge currency trades.

On weekends, the trading spread is 1%. The spread is wider because the currency market is closed and we cannot hedge currency trades.

Security and Regulation

TÝR Markets is registered with the Financial Supervisory Authority, but does not have a full license as a financial institution. This means that our registration gives us permission to exchange digital currencies on behalf of customers, in accordance with current Norwegian regulations.

Fiat funds are securely stored in Norwegian banks. Cryptocurrency is stored with Fireblocks, a global player in the secure storage of digital assets, which uses MPC technology (multi-party signing) and institutional security.

  • Two-factor authentication (2FA)
  • Bank-level encryption
  • Real-time monitoring
  • Secure storage of cryptocurrency with Fireblocks
  • Fiat funds (NOK) stored in segregated client accounts in Norwegian banks

Fireblocks is a leading global platform for secure storage and transfer of digital assets. It is used by banks, exchanges, and institutional players worldwide. Fireblocks uses MPC technology (Multiparty Computation), which allows cryptocurrency to be stored and handled without private keys existing in a single location. This provides maximum security and protects against hacking, human error, and internal threats.

2FA (Two-Factor Authentication) is an extra security layer that requires a code from Google Authenticator in addition to your password. At TÝR Markets, you must use 2FA both when logging in and making withdrawals to ensure that no unauthorized person gains access to your account.