What are the fees for buying/selling cryptocurrency on Coinbase?
Asked 2 years ago
The fees for buying and selling cryptocurrency on Coinbase can vary based on several factors, including the payment method, the size of the transaction, and the specific services utilized. Generally, Coinbase charges a spread of approximately one percent on purchases and sales. In addition to the spread, there are transaction fees that can be applied, which depend on the amount of the transaction and the payment method chosen. For instance, using a bank transfer may incur different fees compared to using a debit or credit card.
Coinbase also offers both their standard platform and Coinbase Pro, which is tailored for advanced traders. On Coinbase Pro, users can expect lower fees, with a tiered structure based on the user’s trading volume over the past thirty days. It is important to note that these fees may be subject to change, and users are encouraged to review the fee structure directly on the official Coinbase website for the most up-to-date information.
Users seeking to understand their specific fee details can find a detailed breakdown of costs in their accounts or by navigating to the help resources on the Coinbase web page.
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