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How does the fee schedule work on Coinbase Pro?

avatarMr. GDec 16, 2021 · 3 years ago3 answers

Can you explain how the fee schedule works on Coinbase Pro? I'm new to the platform and want to understand the fees associated with trading cryptocurrencies.

How does the fee schedule work on Coinbase Pro?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! On Coinbase Pro, the fee schedule is based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. The fees range from 0.50% for trades under $10,000 to 0.04% for trades over $1 billion. It's important to note that fees may vary depending on the specific cryptocurrency you're trading. Make sure to check the fee schedule on Coinbase Pro's website for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    The fee schedule on Coinbase Pro is designed to incentivize high-volume traders. The more you trade, the lower your fees will be. This encourages active trading and liquidity on the platform. It's a common practice in the cryptocurrency industry to have tiered fee structures based on trading volume. Coinbase Pro's fee schedule is transparent and can be easily accessed on their website.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we understand the importance of transparent fee structures. On Coinbase Pro, the fee schedule is designed to reward high-volume traders with lower fees. This encourages liquidity and active trading on the platform. It's important to carefully review the fee schedule and understand the fees associated with trading on Coinbase Pro before making any transactions.