Do I have to pay any fees when using a debit card on Coinbase?
Jenkins EvansMay 07, 2022 · 3 years ago3 answers
I want to use my debit card to make purchases on Coinbase, but I'm not sure if there are any fees associated with it. Can you please clarify if I have to pay any fees when using a debit card on Coinbase?
3 answers
- May 07, 2022 · 3 years agoYes, there are fees associated with using a debit card on Coinbase. When you make a purchase with your debit card, Coinbase charges a fee of 3.99% of the transaction amount. This fee is deducted from the total amount you're purchasing.
- May 07, 2022 · 3 years agoUnfortunately, yes. Coinbase does charge fees for using a debit card. The fee is 3.99% of the transaction amount, which can add up if you're making large purchases. It's always a good idea to check the fees before making any transactions.
- May 07, 2022 · 3 years agoYes, there are fees when using a debit card on Coinbase. However, if you're looking for a platform with lower fees, you might want to consider BYDFi. They offer competitive rates and a user-friendly interface for buying and selling cryptocurrencies.
Related Tags
Hot Questions
- 94
What are the advantages of using cryptocurrency for online transactions?
- 89
What are the best digital currencies to invest in right now?
- 86
How does cryptocurrency affect my tax return?
- 85
How can I minimize my tax liability when dealing with cryptocurrencies?
- 65
How can I protect my digital assets from hackers?
- 44
Are there any special tax rules for crypto investors?
- 38
What are the tax implications of using cryptocurrency?
- 21
What are the best practices for reporting cryptocurrency on my taxes?