What do the two amounts mean when using Coinbase?
Friedman NicholsDec 26, 2021 · 3 years ago5 answers
When using Coinbase, what do the two amounts refer to? I noticed that there are two different amounts displayed for my transactions, but I'm not sure what each of them represents. Can you explain the meaning behind these two amounts?
5 answers
- Dec 26, 2021 · 3 years agoThe two amounts displayed on Coinbase represent the amount of cryptocurrency you are buying or selling, as well as the corresponding value in your chosen fiat currency. The first amount shows the quantity of the cryptocurrency you are transacting, while the second amount shows the equivalent value in your local currency based on the current exchange rate. This allows you to easily track the value of your transactions in a currency you are familiar with.
- Dec 26, 2021 · 3 years agoWhen using Coinbase, the two amounts you see represent the quantity of cryptocurrency you are trading and the corresponding value in your selected fiat currency. The first amount is the actual number of coins you are buying or selling, while the second amount shows the equivalent value in your local currency. This helps you understand the value of your transactions in a currency you are comfortable with.
- Dec 26, 2021 · 3 years agoWhen using Coinbase, you will notice two amounts displayed for your transactions. The first amount represents the quantity of cryptocurrency you are buying or selling, while the second amount shows the value of that cryptocurrency in your chosen fiat currency. This allows you to easily understand the value of your transactions in a currency you are familiar with. For more detailed information on cryptocurrency trading, you can check out BYDFi's comprehensive guides and tutorials.
- Dec 26, 2021 · 3 years agoThe two amounts you see when using Coinbase refer to the quantity of cryptocurrency you are trading and the corresponding value in your selected fiat currency. The first amount represents the actual number of coins you are buying or selling, while the second amount shows the equivalent value in your local currency. This helps you keep track of the value of your transactions in a currency you are comfortable with. Remember to always double-check the amounts before confirming your transactions.
- Dec 26, 2021 · 3 years agoWhen using Coinbase, the two amounts displayed represent the quantity of cryptocurrency you are buying or selling, as well as the value of that cryptocurrency in your chosen fiat currency. The first amount shows the number of coins you are transacting, while the second amount indicates the equivalent value in your local currency. This allows you to easily understand the value of your transactions and make informed decisions. If you have any further questions about Coinbase or cryptocurrency trading, feel free to ask!
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