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Are there any fees associated with Coinbase IRA accounts?

avatarFuttrup StaffordMar 17, 2022 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay for Coinbase IRA accounts? I'm interested in opening an IRA account with Coinbase, but I want to make sure I understand all the costs involved. Are there any hidden fees or charges that I should be aware of?

Are there any fees associated with Coinbase IRA accounts?

3 answers

  • avatarMar 17, 2022 · 3 years ago
    Yes, there are fees associated with Coinbase IRA accounts. Coinbase charges an annual maintenance fee of $25 for IRA accounts. Additionally, there may be trading fees and other transaction fees depending on the type of investments you make within your IRA. It's important to review Coinbase's fee schedule and terms of service to understand all the costs involved.
  • avatarMar 17, 2022 · 3 years ago
    Absolutely! Coinbase IRA accounts do come with fees. You'll need to pay an annual maintenance fee of $25. On top of that, there may be trading fees and other charges for specific transactions. It's always a good idea to carefully read through the terms and conditions to know exactly what fees you can expect.
  • avatarMar 17, 2022 · 3 years ago
    Yes, there are fees associated with Coinbase IRA accounts. According to Coinbase's fee schedule, there is an annual maintenance fee of $25 for IRA accounts. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers IRA accounts with no annual maintenance fees. So, if you're looking to avoid fees, you might want to consider BYDFi as an alternative.