And where is this mentioned on your website?

There is a spread that is applied.
It would be around 1% in the above scenario, for BTC output.
And no withdrawal fees.

bitwage

So if a US user receives funding through direct deposit to a BitWage routing number, to have BitWage convert it USD and send it to a BTC address, there is 0% spread in the BTC price, and 0% fees. Is that correct?

If so, what exchange is being used for the spot price?

bitcoin

I bet you did not know these things about Bitwage

So if a US user receives funding through direct deposit to a BitWage routing number, to have BitWage convert it USD and send it to a BTC address, there is 0% spread in the BTC price, and 0% fees. Is that correct?

If so, what exchange is being used for the spot price?