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How can I get a discount on Coinbase fees when trading digital currencies?

avatarȘandor Jozsa RobertDec 28, 2021 · 3 years ago3 answers

What are some ways to obtain a discount on the fees charged by Coinbase when trading digital currencies?

How can I get a discount on Coinbase fees when trading digital currencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One way to get a discount on Coinbase fees is to use Coinbase Pro, which offers lower fees for traders. By signing up for Coinbase Pro, you can take advantage of their tiered fee structure based on your trading volume. The more you trade, the lower your fees will be. Additionally, Coinbase often runs promotions and offers fee discounts for new users, so it's worth keeping an eye out for any ongoing promotions.
  • avatarDec 28, 2021 · 3 years ago
    If you're a high-volume trader, you may be eligible for Coinbase's VIP program, which offers reduced fees and additional benefits. To qualify for the VIP program, you'll need to meet certain trading volume requirements. You can find more information about the VIP program on Coinbase's website.
  • avatarDec 28, 2021 · 3 years ago
    Another option to consider is using other cryptocurrency exchanges that may offer lower fees compared to Coinbase. Some popular alternatives include Binance, Kraken, and Bitstamp. These exchanges often have competitive fee structures and may provide discounts for certain trading activities or loyalty programs. However, it's important to do your own research and consider factors such as security, liquidity, and user experience when choosing an exchange.