What are the fees for trading on Coinbase and Binance US?
Huggy DugyJan 07, 2022 · 3 years ago1 answers
Can you provide detailed information about the fees for trading on Coinbase and Binance US? I would like to know the transaction fees, deposit fees, withdrawal fees, and any other fees associated with trading on these platforms.
1 answers
- Jan 07, 2022 · 3 years agoWhen it comes to trading fees, Coinbase and Binance US have different fee structures. Coinbase uses a tiered fee system based on your trading volume. The fees range from 0.50% for transactions under $10 to 0.10% for transactions above $10 million. In addition to trading fees, Coinbase also charges fees for instant buys, which can range from 0.50% to 3.99% depending on the payment method used. On the other hand, Binance US also uses a tiered fee structure, with fees ranging from 0.10% to 0.50% based on your trading volume. Binance US does not charge any deposit fees, but there are withdrawal fees that vary depending on the cryptocurrency. It's important to compare these fees and consider your trading volume before choosing a platform.
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