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What are the differences between cex.io and coinbase in terms of fees and transaction speed?

avatarBrein ZhangDec 26, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of cex.io and coinbase in terms of fees and transaction speed? I would like to know how these two popular cryptocurrency exchanges differ in terms of the costs associated with trading and the speed at which transactions are processed.

What are the differences between cex.io and coinbase in terms of fees and transaction speed?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    CEX.IO and Coinbase are two well-known cryptocurrency exchanges, but they have some notable differences when it comes to fees and transaction speed. CEX.IO charges a variable trading fee based on the user's trading volume over the past 30 days. The more you trade, the lower the fee percentage. On the other hand, Coinbase uses a tiered fee structure that depends on the user's location and payment method. In terms of transaction speed, CEX.IO claims to have a high-performance trading engine that can process orders quickly, while Coinbase's transaction speed may vary depending on network congestion and other factors. Overall, both exchanges have their own fee structures and transaction speed characteristics, so it's important to consider your trading needs and preferences before choosing one.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to fees and transaction speed, cex.io and coinbase have some differences. CEX.IO charges a trading fee that varies based on the user's trading volume, with lower fees for higher trading volumes. Coinbase, on the other hand, uses a tiered fee structure that depends on the user's location and payment method. As for transaction speed, CEX.IO claims to have a high-performance trading engine that can process orders quickly, while Coinbase's transaction speed may be affected by network congestion and other factors. It's worth noting that transaction speed can also depend on the specific cryptocurrency being traded. Overall, both exchanges have their own fee structures and transaction speed characteristics, so it's important to consider these factors when choosing an exchange.
  • avatarDec 26, 2021 · 3 years ago
    In terms of fees and transaction speed, cex.io and coinbase have some differences. CEX.IO charges a trading fee that varies based on the user's trading volume, with lower fees for higher trading volumes. Coinbase, on the other hand, uses a tiered fee structure that depends on the user's location and payment method. As for transaction speed, CEX.IO claims to have a high-performance trading engine that can process orders quickly, while Coinbase's transaction speed may be affected by network congestion and other factors. It's important to note that transaction speed can also vary depending on the specific cryptocurrency being traded. Overall, both exchanges have their own fee structures and transaction speed characteristics, so it's important to consider these factors when choosing an exchange.