What are the fees and commissions charged by Binance.us and Coinbase for buying and selling cryptocurrencies?
Sheppard SantiagoDec 16, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and commissions charged by Binance.us and Coinbase for buying and selling cryptocurrencies? I would like to know the specific costs involved in trading on these platforms.
1 answers
- Dec 16, 2021 · 3 years agoWhen it comes to fees and commissions, Binance.us and Coinbase have different approaches. Binance.us charges a flat fee of 0.1% for both makers and takers, which is quite competitive in the industry. On the other hand, Coinbase uses a variable fee structure based on your location and the payment method you choose. The fees can range from 1.49% to 3.99%, depending on various factors. It's important to note that these fees can change over time, so it's always a good idea to check the latest fee schedule on their websites. Additionally, keep in mind that other exchanges may have different fee structures, so it's worth comparing them before making a decision.
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