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What are the fees charged by Coinbase for cryptocurrency transactions?

avatarMonroe DodsonDec 25, 2021 · 3 years ago1 answers

Can you provide a detailed description of the fees charged by Coinbase for cryptocurrency transactions? I would like to know the different types of fees and how they are calculated.

What are the fees charged by Coinbase for cryptocurrency transactions?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to fees charged by Coinbase for cryptocurrency transactions, there are a few things to keep in mind. Firstly, Coinbase charges a spread fee, which is the difference between the buying and selling prices of a cryptocurrency. This fee is typically around 0.50% of the transaction amount. Additionally, Coinbase charges a Coinbase Fee, which is either a flat fee or a variable percentage fee, depending on the transaction amount. The flat fee ranges from $0.99 to $2.99, while the variable percentage fee ranges from 1.49% to 3.99%. It's important to note that these fees can vary based on market conditions and may change over time. To get the most accurate and up-to-date fee information, it's recommended to visit Coinbase's official website. As a third-party platform, BYDFi also provides fee information for various cryptocurrency transactions, but it's always a good idea to compare fees across different platforms to find the best option for your needs.