What are the fees associated with using the Coinbase Card for purchasing cryptocurrencies?
KEVIN ESTEBAN RAMIREZ OSORIOJan 07, 2022 · 3 years ago1 answers
I would like to know more about the fees associated with using the Coinbase Card for purchasing cryptocurrencies. Can you provide me with detailed information on the fees involved?
1 answers
- Jan 07, 2022 · 3 years agoWhen it comes to using the Coinbase Card for purchasing cryptocurrencies, there are a few fees you should be aware of. The conversion fee is one of them, which is set at 2.49% for each transaction. This fee is charged when you convert your cryptocurrency into a fiat currency using the card. Another fee to consider is the cash withdrawal fee, which is 2.00% or a minimum of $2.50 for ATM withdrawals. Keep in mind that these fees may vary depending on your location and the terms of your Coinbase Card. To get the most accurate information, it's always a good idea to refer to the fee schedule provided by Coinbase.
Related Tags
Hot Questions
- 99
What are the best digital currencies to invest in right now?
- 90
What is the future of blockchain technology?
- 89
How can I buy Bitcoin with a credit card?
- 84
What are the advantages of using cryptocurrency for online transactions?
- 79
Are there any special tax rules for crypto investors?
- 73
How can I minimize my tax liability when dealing with cryptocurrencies?
- 70
What are the best practices for reporting cryptocurrency on my taxes?
- 45
How does cryptocurrency affect my tax return?