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How does Coinbase Pro calculate commission fees for buying and selling digital currencies?

avatarEnglish PoliticsDec 24, 2021 · 3 years ago1 answers

Can you explain how Coinbase Pro calculates commission fees for buying and selling digital currencies? I'm curious to know the specific factors and formulas involved in determining these fees.

How does Coinbase Pro calculate commission fees for buying and selling digital currencies?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    As a third-party observer, I can tell you that Coinbase Pro calculates commission fees for buying and selling digital currencies based on a few key factors. First, they consider your trading volume. The more you trade, the lower your fees will be. They also take into account the liquidity of the market and the specific trading pair you're using. More liquid markets and popular trading pairs generally have lower fees. Coinbase Pro follows a maker-taker fee model, where makers pay lower fees compared to takers. This encourages market liquidity and fair pricing. Overall, Coinbase Pro aims to provide competitive and transparent fee structures to its users, ensuring a fair and efficient trading experience.