What are the fees and charges associated with a Coinbase Pro account?
Andrey RosaDec 25, 2021 · 3 years ago3 answers
Can you please provide a detailed explanation of the fees and charges that are associated with opening and maintaining a Coinbase Pro account? I would like to understand the costs involved before deciding to create an account.
3 answers
- Dec 25, 2021 · 3 years agoSure! Opening a Coinbase Pro account is free of charge. However, there are fees associated with trading on the platform. Coinbase Pro charges a maker fee and a taker fee, which are based on your trading volume over the past 30 days. The fees range from 0.04% to 0.50% depending on the volume. You can find the complete fee schedule on the Coinbase Pro website.
- Dec 25, 2021 · 3 years agoNo worries! When it comes to fees and charges on Coinbase Pro, there are a few things to keep in mind. First, depositing funds into your account is free. However, withdrawing funds may incur a network fee, which varies depending on the cryptocurrency you're withdrawing. Additionally, trading fees are charged based on your trading volume. The more you trade, the lower the fees. It's important to review the fee schedule on Coinbase Pro's website to get a clear understanding of the costs.
- Dec 25, 2021 · 3 years agoAbsolutely! Coinbase Pro is a popular choice for cryptocurrency traders due to its competitive fee structure. The platform offers a tiered fee system, which means that the more you trade, the lower your fees will be. The fees range from 0.50% for small trades to as low as 0.04% for high-volume traders. It's worth noting that Coinbase Pro also offers fee discounts for market makers. Overall, Coinbase Pro provides transparent and reasonable fees compared to other exchanges in the market.
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