What are the fees associated with buying Litecoin stock on Coinbase?
fathylogicDec 28, 2021 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with purchasing Litecoin stock on Coinbase? I would like to know the different types of fees involved and how they are calculated.
1 answers
- Dec 28, 2021 · 3 years agoWhen it comes to buying Litecoin stock on Coinbase, there are a few fees to be aware of. Coinbase charges a spread fee, which is the difference between the buy price and the sell price. This fee is typically around 0.50% and is included in the price you see on the platform. Additionally, Coinbase charges a Coinbase Fee, which varies depending on the payment method used. If you use a bank account or Coinbase USD Wallet, the fee is a flat fee ranging from $0.99 to $2.99. If you use a debit card, the fee is a percentage of the transaction amount, ranging from 1.49% to 3.99%. It's important to consider these fees when making a purchase on Coinbase, as they can impact the overall cost of your investment.
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