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Are there any fees associated with buying crypto with a Visa gift card on Coinbase?

avatarmrahimiDec 17, 2021 · 3 years ago7 answers

What are the fees associated with purchasing cryptocurrency using a Visa gift card on the Coinbase platform?

Are there any fees associated with buying crypto with a Visa gift card on Coinbase?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying crypto using a Visa gift card on Coinbase. Coinbase charges a fee of 3.99% for each transaction made with a Visa gift card. This fee is deducted from the total amount of cryptocurrency purchased.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you use a Visa gift card to buy crypto on Coinbase, there is a fee involved. Coinbase charges a 3.99% fee for each transaction made with a Visa gift card. So, if you're planning to use a gift card, keep in mind that you'll have to pay this fee.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with buying cryptocurrency using a Visa gift card on Coinbase. Coinbase charges a fee of 3.99% for each transaction made with a Visa gift card. However, it's important to note that this fee is not unique to Coinbase and is a standard fee charged by most platforms when using a gift card to purchase crypto.
  • avatarDec 17, 2021 · 3 years ago
    When buying crypto with a Visa gift card on Coinbase, there is a fee involved. Coinbase charges a 3.99% fee for each transaction made with a Visa gift card. This fee covers the processing and conversion costs associated with using a gift card as a payment method.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also charges a fee of 3.99% for buying crypto with a Visa gift card on their platform. This fee is similar to Coinbase's fee and is a standard practice in the industry. It's important to be aware of these fees before making a purchase.
  • avatarDec 17, 2021 · 3 years ago
    Using a Visa gift card to buy crypto on Coinbase comes with a fee. Coinbase charges a 3.99% fee for each transaction made with a Visa gift card. This fee helps cover the costs of processing the payment and ensuring a smooth transaction.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with purchasing cryptocurrency using a Visa gift card on Coinbase. Coinbase charges a 3.99% fee for each transaction made with a Visa gift card. This fee is applied to cover the expenses related to processing the gift card payment and converting it into cryptocurrency.