What are the fees associated with Coinbase Pro's pricing?
mohd arifDec 26, 2021 · 3 years ago3 answers
Can you explain the fees that are associated with Coinbase Pro's pricing in detail? I want to understand how much I will be charged for trading on Coinbase Pro.
3 answers
- Dec 26, 2021 · 3 years agoSure! Coinbase Pro charges fees for both market makers and market takers. Market makers, who provide liquidity to the order book, are charged lower fees compared to market takers, who remove liquidity from the order book. The fees range from 0.04% to 0.50% depending on the trading volume and the type of order. You can find the detailed fee structure on Coinbase Pro's website.
- Dec 26, 2021 · 3 years agoThe fees on Coinbase Pro are calculated based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. Coinbase Pro also offers a fee reduction for users who hold a certain amount of Coinbase's native token, Coinbase Token (COIN). By holding COIN, you can enjoy reduced fees on your trades.
- Dec 26, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, also offers competitive fees for trading. They have a tiered fee structure based on trading volume, similar to Coinbase Pro. The fees start at 0.10% for market makers and 0.20% for market takers. However, it's important to note that fees can vary across different exchanges, so it's always a good idea to compare fees before choosing a platform to trade on.
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