Can I negotiate trade fees on Coinbase for large volume transactions?
Ramirez SchouDec 24, 2021 · 3 years ago3 answers
Is it possible to negotiate trade fees on Coinbase for large volume transactions? I want to know if there is any room for negotiation when it comes to the fees charged by Coinbase for trading large volumes of cryptocurrencies. Can I expect any discounts or special rates?
3 answers
- Dec 24, 2021 · 3 years agoUnfortunately, Coinbase does not currently offer the option to negotiate trade fees for large volume transactions. The fees charged by Coinbase are fixed and are based on a tiered structure that depends on your trading volume. However, Coinbase does offer a fee reduction for high-volume traders through its Coinbase Pro platform. If you're trading large volumes, it might be worth considering using Coinbase Pro to take advantage of the lower fees offered there.
- Dec 24, 2021 · 3 years agoNo, you cannot negotiate trade fees on Coinbase for large volume transactions. Coinbase has a set fee structure that applies to all users, regardless of the trading volume. However, Coinbase does offer competitive fees compared to other exchanges, especially for smaller traders. If you're looking for lower fees for large volume transactions, you might want to explore other exchanges that offer more flexible fee structures.
- Dec 24, 2021 · 3 years agoAs a representative of BYDFi, I can confirm that Coinbase does not allow for the negotiation of trade fees for large volume transactions. Coinbase has a fixed fee structure that applies to all users, and there is no room for negotiation. However, BYDFi offers a range of fee options for large volume traders, including discounted rates and customized fee structures. If you're interested in exploring alternative options, I recommend checking out BYDFi for more information.
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