common-close-0
BYDFi
Trade wherever you are!

What is the cost of using a credit card to buy cryptocurrencies on Coinbase?

avatarNoureddine BourakiDec 30, 2021 · 3 years ago3 answers

Can you explain the fees associated with using a credit card to purchase cryptocurrencies on Coinbase? How much does it cost to buy cryptocurrencies using a credit card on Coinbase?

What is the cost of using a credit card to buy cryptocurrencies on Coinbase?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When using a credit card to buy cryptocurrencies on Coinbase, there are a few fees to consider. Coinbase charges a fee of 3.99% for credit card purchases. Additionally, your credit card company may charge a cash advance fee if they consider the transaction as a cash advance. It's important to check with your credit card provider to understand their specific fees and policies.
  • avatarDec 30, 2021 · 3 years ago
    Buying cryptocurrencies on Coinbase with a credit card comes with a cost. Coinbase charges a fee of 3.99% for credit card purchases. This fee is higher compared to other payment methods, such as bank transfers. It's important to factor in this cost when deciding how to fund your Coinbase account.
  • avatarDec 30, 2021 · 3 years ago
    When you use a credit card to buy cryptocurrencies on Coinbase, you'll be charged a fee of 3.99%. This fee covers the processing and security measures involved in the transaction. It's worth noting that this fee is subject to change and may vary depending on your location. If you're looking for lower fees, you may consider using other payment methods like bank transfers or cryptocurrency deposits.