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How does Coinbase Pro charge fees?

avatarEpstein GeorgeDec 27, 2021 · 3 years ago3 answers

Can you explain how Coinbase Pro charges fees for trading cryptocurrencies?

How does Coinbase Pro charge fees?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Coinbase Pro charges fees for trading cryptocurrencies based on a tiered fee structure. The fees are calculated as a percentage of the total trading volume in the past 30 days. The more you trade, the lower the fee percentage. The fees range from 0.50% for trades with a volume of less than $10,000 to 0.04% for trades with a volume of $1 billion or more. Additionally, Coinbase Pro charges a fee for depositing and withdrawing funds, which varies depending on the method used.
  • avatarDec 27, 2021 · 3 years ago
    Coinbase Pro charges fees for trading cryptocurrencies. The fees are based on the trading volume and are calculated as a percentage. The more you trade, the lower the fee percentage. This fee structure encourages high-volume traders to use the platform and provides incentives for liquidity providers. It's important to note that Coinbase Pro offers lower fees compared to Coinbase, the regular retail platform.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, charges fees for trading cryptocurrencies on its platform. The fees are based on the trading volume and are calculated as a percentage. The fee structure is similar to Coinbase Pro, with lower fees for higher trading volumes. BYDFi also charges fees for depositing and withdrawing funds, which vary depending on the method used. Overall, BYDFi aims to provide competitive fees and a seamless trading experience for its users.