What are the fees associated with using checks to buy ETH on Coinbase?
JOSH MULIDec 26, 2021 · 3 years ago3 answers
Can you please provide a detailed explanation of the fees that are associated with using checks to buy ETH on Coinbase? I would like to know the exact amount I will be charged and if there are any additional fees or hidden costs involved.
3 answers
- Dec 26, 2021 · 3 years agoWhen using checks to buy ETH on Coinbase, there are a few fees to consider. Firstly, Coinbase charges a transaction fee of 1.49% for purchases made with a bank account or Coinbase USD Wallet. Additionally, if you choose to deposit funds using a check, your bank may charge you a fee for the check processing. It's important to check with your bank to understand their specific fees. Lastly, keep in mind that the price of ETH on Coinbase may include a spread, which is the difference between the buy and sell prices. This spread can vary and may result in a slightly higher price for your ETH purchase.
- Dec 26, 2021 · 3 years agoBuying ETH on Coinbase with checks comes with some fees. Coinbase charges a transaction fee of 1.49% for purchases made with a bank account or Coinbase USD Wallet. Additionally, your bank may charge you a fee for processing the check. It's always a good idea to check with your bank to understand their fees. Lastly, keep in mind that the price of ETH on Coinbase may include a spread, which is the difference between the buy and sell prices. This spread can vary and may result in a slightly higher price for your ETH purchase.
- Dec 26, 2021 · 3 years agoWhen it comes to using checks to buy ETH on Coinbase, there are a few fees involved. Coinbase charges a transaction fee of 1.49% for purchases made with a bank account or Coinbase USD Wallet. Additionally, your bank may charge you a fee for processing the check. It's important to check with your bank to understand their specific fees. Lastly, keep in mind that the price of ETH on Coinbase may include a spread, which is the difference between the buy and sell prices. This spread can vary and may result in a slightly higher price for your ETH purchase.
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