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What are the fees for buying bitcoin with a bank on Coinbase?

avatarMohd.SaqibDec 15, 2021 · 3 years ago3 answers

Can you please provide me with detailed information about the fees associated with buying bitcoin using a bank account on Coinbase?

What are the fees for buying bitcoin with a bank on Coinbase?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When buying bitcoin with a bank account on Coinbase, there are some fees involved. Coinbase charges a fee of 1.49% for buying or selling cryptocurrency using a bank account. Additionally, there may be additional fees imposed by your bank for the transfer. It's important to check with your bank to understand if they charge any fees for transferring funds to Coinbase. Overall, it's advisable to consider these fees when planning your bitcoin purchase.
  • avatarDec 15, 2021 · 3 years ago
    Sure thing! When you buy bitcoin with a bank account on Coinbase, you'll be charged a fee of 1.49% of the transaction amount. This fee is applied to both buying and selling cryptocurrency. It's worth noting that there might be additional fees imposed by your bank for the transfer. It's always a good idea to check with your bank to understand if they charge any fees for transferring funds to Coinbase. Keep in mind that these fees can vary, so it's important to stay updated with the latest information.
  • avatarDec 15, 2021 · 3 years ago
    Buying bitcoin with a bank account on Coinbase incurs a fee of 1.49% of the transaction amount. This fee is charged by Coinbase and is applicable to both buying and selling cryptocurrency. It's important to note that there might be additional fees imposed by your bank for the transfer. Therefore, it's recommended to contact your bank to inquire about any potential fees they may charge for transferring funds to Coinbase. As always, it's essential to consider these fees when planning your bitcoin purchase. If you have any further questions, feel free to ask!