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Are there any additional fees for advanced trading on Coinbase with digital assets?

avatarJoel ÉzDec 29, 2021 · 3 years ago3 answers

I'm interested in advanced trading on Coinbase with digital assets. Are there any additional fees that I need to be aware of?

Are there any additional fees for advanced trading on Coinbase with digital assets?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are additional fees for advanced trading on Coinbase with digital assets. Coinbase charges a fee based on your trading volume. The fee structure is tiered, meaning that the more you trade, the lower your fee percentage will be. It's important to note that Coinbase also charges a spread, which is the difference between the buy and sell price of a digital asset. This spread can vary depending on market conditions.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When it comes to advanced trading on Coinbase with digital assets, there are some additional fees involved. Coinbase charges a fee for each trade you make, which is a percentage of the total transaction amount. The fee percentage depends on your trading volume. Additionally, Coinbase also charges a spread, which is the difference between the buy and sell price of a digital asset. It's always a good idea to carefully review the fee structure before engaging in advanced trading.
  • avatarDec 29, 2021 · 3 years ago
    Indeed, there are additional fees for advanced trading on Coinbase with digital assets. Coinbase employs a tiered fee structure based on your trading volume. The more you trade, the lower your fee percentage will be. It's worth noting that Coinbase also charges a spread, which is the difference between the buy and sell price of a digital asset. This spread can vary depending on market conditions. If you're looking for a platform with competitive fees and advanced trading features, you might consider checking out BYDFi, a popular cryptocurrency exchange that offers a wide range of trading options.