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What are the fees involved in selling coins on Coinbase?

avatarNacarJan 12, 2022 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with selling coins on Coinbase? I would like to know the different types of fees, how they are calculated, and if there are any additional charges that I should be aware of.

What are the fees involved in selling coins on Coinbase?

3 answers

  • avatarJan 12, 2022 · 3 years ago
    When selling coins on Coinbase, there are a few fees that you need to consider. The first fee is the Coinbase fee, which is a percentage of the total transaction amount. This fee varies depending on your location and the payment method used. Additionally, there might be a Coinbase Pro fee if you are using the Coinbase Pro platform for selling coins. This fee is usually lower than the regular Coinbase fee. It's important to note that Coinbase also charges a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread can vary and is not included in the stated fees. Lastly, there might be additional fees for specific payment methods, such as credit card fees or bank transfer fees. It's recommended to check Coinbase's fee schedule for the most up-to-date information.
  • avatarJan 12, 2022 · 3 years ago
    Selling coins on Coinbase comes with a few fees that you should be aware of. The main fee is the Coinbase fee, which is a percentage of your transaction amount. This fee can range from 1.49% to 3.99% depending on your location and payment method. Additionally, Coinbase Pro users might incur a lower fee for selling coins on the platform. It's important to note that Coinbase also charges a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread can vary and is not included in the stated fees. Lastly, there might be additional fees for specific payment methods, such as credit card fees or bank transfer fees. It's always a good idea to review Coinbase's fee schedule to understand the exact fees you might incur.
  • avatarJan 12, 2022 · 3 years ago
    When it comes to selling coins on Coinbase, there are a few fees to consider. Coinbase charges a fee based on a percentage of your transaction amount. The fee can range from 1.49% to 3.99% depending on your location and payment method. If you are using Coinbase Pro, you might be eligible for lower fees. It's worth noting that Coinbase also has a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread is not included in the stated fees and can vary. Additionally, there might be specific fees for certain payment methods, such as credit card fees or bank transfer fees. To get the most accurate and up-to-date information on fees, it's recommended to check Coinbase's fee schedule.