Are there any fees associated with a Coinbase savings account?
Prince FowzanDec 26, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay for having a savings account on Coinbase? I am interested in opening a savings account on Coinbase, but I want to make sure that there are no hidden fees or charges that I need to be aware of. It would be great if you could provide me with some information about the fees associated with a Coinbase savings account.
3 answers
- Dec 26, 2021 · 3 years agoYes, there are fees associated with a Coinbase savings account. Coinbase charges a fee of 0.15% per annum on the total amount of cryptocurrency held in the savings account. This fee is deducted on a monthly basis and is calculated based on the average daily balance of the account. However, it's important to note that there are no fees for deposits or withdrawals from the savings account. So, you can freely deposit and withdraw your funds without incurring any additional charges.
- Dec 26, 2021 · 3 years agoUnfortunately, there are fees associated with a Coinbase savings account. Coinbase charges a monthly fee of 0.15% on the total amount of cryptocurrency held in the savings account. This fee is automatically deducted from the account balance each month. While it's disappointing to have to pay fees, it's important to remember that Coinbase provides a secure and reliable platform for storing your cryptocurrency, and the fees help to cover the costs of maintaining and improving their services.
- Dec 26, 2021 · 3 years agoYes, there are fees associated with a Coinbase savings account. Coinbase charges a fee of 0.15% per annum on the total amount of cryptocurrency held in the savings account. However, this fee is relatively low compared to other platforms, and Coinbase offers a user-friendly interface and a wide range of supported cryptocurrencies. So, despite the fees, many users find Coinbase to be a convenient and reliable option for storing their cryptocurrency.
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