How do the fees for buying and selling digital currencies on CoinBase work?

1 answers

• Dec 27, 2021 · 3 years ago
  When it comes to fees for buying and selling digital currencies on CoinBase, it's important to understand that they can vary depending on several factors. CoinBase charges a fee for each transaction, which is typically a percentage of the total transaction amount. This fee can vary depending on the region and the type of transaction. For example, buying with a credit card may have higher fees compared to using a bank transfer. CoinBase also charges a spread, which is the difference between the buying and selling prices of the digital currency. This spread helps cover the costs of providing liquidity and maintaining the platform. It's worth noting that CoinBase provides a clear fee structure on their website, so you can always check the current fees before making a transaction.
  787394