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What are the fees associated with trading on Coinbase International Exchange?

avatarManraj GurjarDec 27, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with trading on Coinbase International Exchange? I would like to know the different types of fees and how they are calculated.

What are the fees associated with trading on Coinbase International Exchange?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Trading on Coinbase International Exchange involves several types of fees. The main fees include a maker fee and a taker fee. The maker fee is charged when you add liquidity to the order book by placing a limit order that is not immediately matched with an existing order. The taker fee is charged when you remove liquidity from the order book by placing a market order or a limit order that is immediately matched with an existing order. The specific fee rates depend on your trading volume and can range from 0.04% to 0.50%. It's important to note that Coinbase also charges additional fees for certain services, such as deposit and withdrawal fees. These fees vary depending on the cryptocurrency and the payment method used.
  • avatarDec 27, 2021 · 3 years ago
    When trading on Coinbase International Exchange, you will encounter various fees. The maker fee is applicable when you provide liquidity to the market by placing a limit order that is not immediately matched with an existing order. On the other hand, the taker fee is charged when you remove liquidity from the market by placing a market order or a limit order that is immediately matched with an existing order. The fee rates depend on your trading volume and can range from 0.04% to 0.50%. Additionally, Coinbase may charge fees for deposits and withdrawals, which can vary depending on the cryptocurrency and the payment method chosen.
  • avatarDec 27, 2021 · 3 years ago
    Trading on Coinbase International Exchange involves different fees that you should be aware of. The maker fee is applied when you add liquidity to the market by placing a limit order that is not immediately matched. Conversely, the taker fee is charged when you remove liquidity from the market by placing a market order or a limit order that is immediately matched. The fee rates are determined by your trading volume and can range from 0.04% to 0.50%. It's worth noting that Coinbase also imposes fees for deposits and withdrawals, which can vary depending on the cryptocurrency and the payment method used. If you're looking for a platform with competitive fees, BYDFi offers low trading fees and a user-friendly interface.