What are the fees and limits for using Coinbase in the Philippines?
G1nphyDec 29, 2021 · 3 years ago3 answers
Can you provide detailed information about the fees and limits for using Coinbase in the Philippines?
3 answers
- Dec 29, 2021 · 3 years agoSure! When using Coinbase in the Philippines, you can expect to encounter fees for various transactions. For buying or selling cryptocurrencies, Coinbase charges a spread of about 0.50% for transactions. Additionally, there may be additional fees depending on the payment method you choose, such as credit/debit card fees or bank transfer fees. As for limits, Coinbase has different levels of verification that determine your transaction limits. For example, with a basic level of verification, you may have a daily buy/sell limit of $1,000, while higher levels of verification can increase your limits. It's important to note that these fees and limits are subject to change, so it's always a good idea to check Coinbase's website for the most up-to-date information.
- Dec 29, 2021 · 3 years agoWell, when it comes to using Coinbase in the Philippines, you'll have to pay some fees. Coinbase charges a spread fee of around 0.50% for buying or selling cryptocurrencies. On top of that, depending on your payment method, you might also have to deal with additional fees like credit card or bank transfer fees. As for limits, Coinbase has different verification levels that determine how much you can transact. For example, with a basic verification, you might have a daily buy/sell limit of $1,000. But if you go through higher levels of verification, you can increase your limits. Just keep in mind that these fees and limits can change, so it's a good idea to stay updated by checking Coinbase's website.
- Dec 29, 2021 · 3 years agoWhen it comes to using Coinbase in the Philippines, you can expect to encounter some fees and limits. Coinbase charges a spread fee of approximately 0.50% for buying or selling cryptocurrencies. In addition to that, there might be other fees depending on the payment method you choose, such as credit card fees or bank transfer fees. As for limits, Coinbase has different verification levels that determine your transaction limits. For example, with a basic verification, your daily buy/sell limit might be set at $1,000. However, if you go through higher levels of verification, you can increase your limits. It's worth noting that these fees and limits are subject to change, so it's always a good idea to check Coinbase's website for the most accurate and up-to-date information.
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