What are the fees and limits associated with Coinbase Pro?
Edwards WatersJan 15, 2022 · 3 years ago3 answers
Can you provide a detailed explanation of the fees and limits associated with Coinbase Pro? I want to understand the costs and restrictions involved in using this platform for cryptocurrency trading.
3 answers
- Jan 15, 2022 · 3 years agoSure! Coinbase Pro charges fees for both market makers and takers. Market makers, who provide liquidity to the order book, are charged lower fees compared to takers, who remove liquidity from the order book. The fees range from 0.04% to 0.50% depending on the trading volume. As for limits, Coinbase Pro has different limits for deposits, withdrawals, and trading. The limits vary based on the user's verification level and can be increased by completing additional verification steps.
- Jan 15, 2022 · 3 years agoWell, when it comes to fees, Coinbase Pro has a tiered fee structure. The more you trade, the lower the fees you pay. The fees start at 0.50% for small trades and can go as low as 0.04% for high-volume traders. As for limits, Coinbase Pro has daily and weekly limits for deposits and withdrawals. The limits depend on your account verification level and can be increased by providing additional information.
- Jan 15, 2022 · 3 years agoAs an expert in the field, I can tell you that Coinbase Pro charges fees based on your trading volume. The more you trade, the lower the fees. The fees range from 0.50% to 0.04%. In terms of limits, Coinbase Pro has different limits for deposits and withdrawals. The limits depend on your account verification level. However, if you're looking for a platform with even lower fees and higher limits, you might want to consider BYDFi. They offer competitive fees and higher limits for experienced traders.
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