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What are the fees associated with using Coinbase Visa card for buying and selling cryptocurrencies?

avatarPriyo SidikDec 30, 2021 · 3 years ago3 answers

Can you please provide a detailed description of the fees associated with using the Coinbase Visa card for buying and selling cryptocurrencies? I would like to know the different types of fees, their amounts, and how they are calculated.

What are the fees associated with using Coinbase Visa card for buying and selling cryptocurrencies?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When using the Coinbase Visa card for buying and selling cryptocurrencies, there are several fees to consider. Firstly, there is a transaction fee of 2.49% for each purchase or sale. This fee is calculated based on the total transaction amount. Additionally, if you make a purchase in a foreign currency, there may be a foreign transaction fee imposed by Visa. It's important to note that Coinbase may also charge additional fees for certain services, such as instant card withdrawals or cash advances. These fees can vary, so it's always a good idea to review Coinbase's fee schedule for the most up-to-date information.
  • avatarDec 30, 2021 · 3 years ago
    The fees associated with using the Coinbase Visa card for buying and selling cryptocurrencies can be summarized as follows: a transaction fee of 2.49% per purchase or sale, a potential foreign transaction fee for purchases made in a foreign currency, and additional fees for certain services offered by Coinbase. It's worth mentioning that Coinbase provides a fee schedule on their website, which outlines the specific fees and their amounts. It's recommended to review this schedule to understand the complete fee structure before using the Coinbase Visa card.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to using the Coinbase Visa card for buying and selling cryptocurrencies, there are a few fees to keep in mind. Coinbase charges a transaction fee of 2.49% for each purchase or sale made with the card. This fee is calculated based on the total transaction amount. Additionally, if you make a purchase in a foreign currency, Visa may charge a foreign transaction fee. It's important to note that these fees are subject to change, so it's always a good idea to check Coinbase's website or contact their customer support for the most accurate and up-to-date fee information.