What are the fees and charges for using Coinbase Pro?
Toby WilliamsDec 28, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees and charges associated with using Coinbase Pro?
3 answers
- Dec 28, 2021 · 3 years agoSure! When using Coinbase Pro, there are several fees and charges to be aware of. First, there is a fee for trading. Coinbase Pro charges a maker fee and a taker fee, which depend on your trading volume. The maker fee is lower for those who provide liquidity to the market by placing limit orders, while the taker fee is higher for those who take liquidity by placing market orders. Additionally, there may be fees for depositing and withdrawing funds from Coinbase Pro, depending on the method you choose. It's important to review the Coinbase Pro fee schedule for the most up-to-date information.
- Dec 28, 2021 · 3 years agoWell, when it comes to fees and charges on Coinbase Pro, it's important to understand that they vary depending on your trading activity. The fees are based on a tiered structure, where higher trading volumes result in lower fees. As for specific charges, Coinbase Pro charges a maker fee and a taker fee for each trade. The maker fee is applied when you add liquidity to the market by placing a limit order, while the taker fee is applied when you remove liquidity by placing a market order. Additionally, there may be fees for depositing and withdrawing funds from Coinbase Pro, depending on the method you choose.
- Dec 28, 2021 · 3 years agoBYDFi here! When using Coinbase Pro, you'll encounter various fees and charges. Coinbase Pro employs a maker-taker fee model, where makers are rewarded for adding liquidity to the market and takers are charged for removing liquidity. The fees are based on your trading volume and can range from 0.04% to 0.50%. In terms of deposits and withdrawals, Coinbase Pro may charge fees depending on the method you use. It's always a good idea to review the Coinbase Pro fee schedule for the most accurate and up-to-date information.
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