common-close-0
BYDFi
Trade wherever you are!

What is the fee to buy Bitcoin on Coinbase?

avatarAsmussen McKinleyDec 30, 2021 · 3 years ago3 answers

Can you please tell me how much does it cost to buy Bitcoin on Coinbase? I'm interested in knowing the fees associated with purchasing Bitcoin on this platform.

What is the fee to buy Bitcoin on Coinbase?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When you buy Bitcoin on Coinbase, there are fees involved. The fees vary depending on the payment method and the amount you're buying. For example, if you use a bank transfer to buy Bitcoin on Coinbase, the fee is 1.49%. If you use a debit card, the fee is 3.99%. It's important to note that these fees may change over time, so it's always a good idea to check Coinbase's website for the most up-to-date information.
  • avatarDec 30, 2021 · 3 years ago
    Buying Bitcoin on Coinbase comes with fees. The fees are based on a percentage of the transaction amount and vary depending on the payment method you choose. Bank transfers usually have lower fees compared to debit card purchases. It's recommended to review Coinbase's fee schedule to get a clear understanding of the costs involved before making a purchase.
  • avatarDec 30, 2021 · 3 years ago
    When purchasing Bitcoin on Coinbase, you'll encounter fees. These fees are determined by the payment method you choose and the amount you're buying. It's important to consider these fees when calculating the total cost of your Bitcoin purchase. Keep in mind that Coinbase is just one of many platforms where you can buy Bitcoin, so it's worth comparing fees across different exchanges to ensure you're getting the best deal.