What are the fees associated with using the Coinbase application for buying and selling cryptocurrencies?
Javier MuñozMay 09, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees charged when using the Coinbase application for buying and selling cryptocurrencies? How do these fees vary based on the type of transaction and the amount being traded? Are there any additional fees or charges that users should be aware of?
1 answers
- May 09, 2022 · 3 years agoAs a leading cryptocurrency exchange, Coinbase charges fees for using their application to buy and sell cryptocurrencies. The fees vary depending on the type of transaction and the amount being traded. For transactions made using a bank account or Coinbase USD Wallet, the fee is 1.49%. If you choose to use a debit or credit card, the fee is 3.99%. In addition to these fees, Coinbase also charges a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread is typically around 0.50%. It's important to note that these fees are subject to change, so it's recommended to visit the Coinbase website for the most accurate and up-to-date fee information.
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