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What is the transaction fee charged by Coinbase for buying and selling cryptocurrencies?

avatarAnabelle GithinjiDec 28, 2021 · 3 years ago1 answers

Can you provide more details about the transaction fee charged by Coinbase for buying and selling cryptocurrencies? How does it work and what factors affect the fee?

What is the transaction fee charged by Coinbase for buying and selling cryptocurrencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand that transaction fees can be a concern for cryptocurrency traders. When it comes to Coinbase, the transaction fee for buying and selling cryptocurrencies can vary. Coinbase charges a spread of about 0.50% for digital currency purchases and sales. In addition to the spread, there may be a Coinbase Fee, which can be a flat fee or a percentage of the transaction amount. The Coinbase Fee depends on various factors, including the payment method used, the region you are in, and the size of the transaction. It's important to review Coinbase's fee schedule and terms of service for accurate and up-to-date information on transaction fees.