What are the fees associated with initiating a buy on Coinbase?

1 answers

• May 18, 2022 · 3 years ago
  When initiating a buy on Coinbase, you should be aware of the fees involved. Coinbase charges a fee for each transaction, which is a percentage of the total transaction amount. The fee varies depending on the total value of your purchase. Additionally, Coinbase also includes a spread fee, which is the difference between the buying and selling price of the cryptocurrency. This fee is typically around 0.50% of the transaction amount. It's important to note that these fees are subject to change and may vary based on market conditions. It's always a good idea to check the Coinbase website for the most up-to-date fee information before making a buy. As for BYDFi, they have their own fee structure, so it's best to check their website for details if you're interested in using their platform for buying cryptocurrency.
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