Are there any fees associated with using a credit card on Coinbase to buy digital currencies?
Lucas Barreto CaramuruJan 05, 2022 · 3 years ago3 answers
Can you tell me if there are any fees involved when using a credit card on Coinbase to purchase digital currencies? I want to make sure I understand the costs before making any transactions.
3 answers
- Jan 05, 2022 · 3 years agoYes, there are fees associated with using a credit card on Coinbase to buy digital currencies. Coinbase charges a fee of 3.99% for credit card transactions. This fee is higher compared to other payment methods, such as bank transfers or using Coinbase Pro. It's important to consider this fee when deciding how to fund your Coinbase account.
- Jan 05, 2022 · 3 years agoAbsolutely! When you use a credit card on Coinbase to buy digital currencies, you'll be charged a fee of 3.99%. This fee covers the processing costs and the risk associated with credit card transactions. Keep in mind that using other payment methods, like bank transfers, may have lower fees or even no fees at all. It's always a good idea to compare the fees and choose the most cost-effective option for your needs.
- Jan 05, 2022 · 3 years agoYes, there are fees for using a credit card on Coinbase to purchase digital currencies. Coinbase charges a fee of 3.99% for credit card transactions. However, if you're looking for a lower fee option, you might consider using Coinbase Pro, which offers lower fees for trading. It's important to weigh the convenience of using a credit card against the higher fees and choose the option that best suits your needs.
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