Are there any fees associated with cancelled orders on Coinbase?

avatarSamuel CalderonDec 16, 2021 · 3 years ago5 answers

I want to know if there are any fees that Coinbase charges for cancelling orders. Can someone please clarify if there are any costs involved when cancelling an order on Coinbase?

Are there any fees associated with cancelled orders on Coinbase?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, Coinbase does charge fees for cancelling orders. When you cancel an order on Coinbase, a fee of 1% of the order value will be deducted from your account. This fee is non-refundable and will be deducted from the remaining balance in your account.
  • avatarDec 16, 2021 · 3 years ago
    No, there are no fees associated with cancelling orders on Coinbase. You can freely cancel your orders without incurring any additional costs.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can confirm that Coinbase does charge fees for cancelled orders. However, it's important to note that these fees are standard in the industry and are not specific to Coinbase. Other exchanges also charge similar fees for cancelling orders.
  • avatarDec 16, 2021 · 3 years ago
    Canceling orders on Coinbase does come with a fee, unfortunately. It's always a good idea to double-check your orders before placing them to avoid any unnecessary costs.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, charges a small fee for cancelling orders. This fee is typically 0.5% of the order value and is deducted from your account balance. It's important to be aware of this fee before cancelling any orders on BYDFi.