Do I have to pay fees when purchasing cryptocurrencies on Coinbase?

1 answers

• Jan 15, 2022 · 3 years ago
  Yes, there are fees when purchasing cryptocurrencies on Coinbase. Coinbase is a reputable exchange that provides a user-friendly platform for buying and selling cryptocurrencies. However, it's important to note that Coinbase charges fees for its services. The fees include a spread, which is the difference between the buy and sell prices on Coinbase. This spread ensures that Coinbase makes a profit on each transaction. Additionally, Coinbase charges a transaction fee, which is a percentage of the transaction value. The transaction fee can vary depending on the size of your transaction and the payment method you choose. It's always a good idea to review the fee schedule on Coinbase's website to understand the fees associated with your specific transaction.
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