common-close-0
BYDFi
Trade wherever you are!

How does Coinbase charge fees for transactions?

avatarjennifer jamesDec 16, 2021 · 3 years ago1 answers

Can you explain how Coinbase charges fees for transactions? I'm new to cryptocurrency and I'm not sure how the fee structure works on Coinbase.

How does Coinbase charge fees for transactions?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to fees, Coinbase charges a percentage fee based on the total transaction amount. The fee percentage varies depending on the region and payment method. For example, in the United States, the fee for standard buy/sell transactions using a bank account is 1.49%. If you use a debit/credit card, the fee is higher at 3.99%. Coinbase provides transparent fee information on their website, so you can easily find the current fee structure. It's important to note that fees may vary for different cryptocurrencies and transactions, so it's always a good idea to double-check before making a transaction on Coinbase.