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Is it possible to purchase cryptocurrencies on Coinbase Pro without incurring any fees?

avatarEllegaard FaberDec 17, 2021 · 3 years ago3 answers

Can I buy cryptocurrencies on Coinbase Pro without paying any fees?

Is it possible to purchase cryptocurrencies on Coinbase Pro without incurring any fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to purchase cryptocurrencies on Coinbase Pro without incurring any fees. Coinbase Pro offers a feature called "Maker" orders, which allow you to place limit orders on the exchange. By placing a limit order, you become a market maker and you are not charged any fees. However, if you place a market order or use the "Taker" option, you will be charged fees based on your trading volume.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! Coinbase Pro offers a way to buy cryptocurrencies without any fees. You just need to place a limit order instead of a market order. By doing so, you become a market maker and enjoy fee-free trading. So, if you want to save some money, make sure to use the limit order option on Coinbase Pro.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Coinbase Pro allows you to purchase cryptocurrencies without paying any fees. Simply place a limit order and you won't be charged any fees. This is a great way to save money and maximize your profits. However, keep in mind that if you choose to place a market order, you will be charged fees based on your trading volume. So, it's always a good idea to use limit orders whenever possible.