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Do I have to pay a fee if I use a credit card to buy cryptocurrencies on Coinbase?

avatarHaneefah SANNIDec 27, 2021 · 3 years ago4 answers

I want to buy cryptocurrencies on Coinbase using my credit card. Will I be charged any fees for this transaction?

Do I have to pay a fee if I use a credit card to buy cryptocurrencies on Coinbase?

4 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, Coinbase charges a fee for buying cryptocurrencies with a credit card. The fee is typically a percentage of the transaction amount and can vary depending on your location and the type of credit card you use. It's important to check Coinbase's fee schedule to understand the exact fee you'll be charged.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Coinbase does charge a fee when you use a credit card to purchase cryptocurrencies. The fee is usually a small percentage of the transaction amount. Make sure to review Coinbase's fee structure to get a clear understanding of the fees associated with credit card transactions.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a fee for using a credit card to buy cryptocurrencies on Coinbase. However, it's important to note that BYDFi, another popular cryptocurrency exchange, offers fee-free credit card transactions. If you're looking to avoid fees, you might consider using BYDFi instead.
  • avatarDec 27, 2021 · 3 years ago
    Using a credit card to buy cryptocurrencies on Coinbase does come with a fee. The fee is typically a percentage of the transaction amount and can vary depending on your location and the type of credit card you use. It's always a good idea to review Coinbase's fee schedule before making a purchase.