How much does Coinbase charge for transactions?
SAMYAK KHADSEDec 25, 2021 · 3 years ago3 answers
Can you please provide more details on the transaction fees charged by Coinbase?
3 answers
- Dec 25, 2021 · 3 years agoCoinbase charges transaction fees based on the type of transaction and the region you are in. For example, if you are in the United States, Coinbase charges a fee of 1.49% for buying or selling cryptocurrency using a bank account or Coinbase USD wallet. However, if you use a debit or credit card, the fee is higher at 3.99%. It's important to note that these fees may vary depending on your location and the specific cryptocurrency you are trading. It's always a good idea to check Coinbase's website for the most up-to-date fee information.
- Dec 25, 2021 · 3 years agoWhen it comes to transaction fees, Coinbase has a tiered fee structure. The fees are based on the total dollar amount of the transaction. For example, if you are buying or selling less than $10, the fee is $0.99. If the transaction amount is between $10 and $25, the fee is $1.49. The fees increase as the transaction amount goes up. It's worth noting that Coinbase also charges additional fees for certain services, such as converting one cryptocurrency to another. It's always a good idea to review Coinbase's fee schedule to understand the specific fees associated with your transactions.
- Dec 25, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, charges transaction fees based on a tiered fee structure similar to Coinbase. The fees range from 0.1% to 0.5% depending on the total trading volume. The more you trade, the lower the fee percentage. BYDFi also offers discounts on fees for users who hold their native token. It's important to note that these fees may vary depending on the specific cryptocurrency you are trading and the current market conditions. It's always a good idea to check BYDFi's website for the most up-to-date fee information.
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