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Does Coinbase Card charge a different foreign transaction fee for cryptocurrency transactions compared to traditional currencies?

avatarBjerregaard CoyleDec 27, 2021 · 3 years ago3 answers

Is there a difference in foreign transaction fees charged by Coinbase Card for cryptocurrency transactions compared to traditional currencies?

Does Coinbase Card charge a different foreign transaction fee for cryptocurrency transactions compared to traditional currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a difference in foreign transaction fees charged by Coinbase Card for cryptocurrency transactions compared to traditional currencies. When using Coinbase Card for cryptocurrency transactions, there may be additional fees associated with converting the cryptocurrency to the local currency. These fees can vary depending on the specific cryptocurrency and the exchange rate at the time of the transaction. It is recommended to review the Coinbase Card terms and conditions for more information on the specific fees and charges.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Coinbase Card charges a different foreign transaction fee for cryptocurrency transactions compared to traditional currencies. The fees for cryptocurrency transactions are typically higher due to the additional complexities involved in processing these transactions. It is important to consider these fees when using Coinbase Card for cryptocurrency transactions and factor them into your overall cost analysis.
  • avatarDec 27, 2021 · 3 years ago
    Yes, Coinbase Card does charge a different foreign transaction fee for cryptocurrency transactions compared to traditional currencies. However, it is important to note that the fees can vary depending on the specific cryptocurrency being used and the exchange rate at the time of the transaction. It is recommended to check the Coinbase Card website or contact their customer support for the most up-to-date information on the fees associated with cryptocurrency transactions.