That may not seem like much, but it adds up the more you buy.
That means you’ll actually end up with about $47.76 worth of Bitcoin. So if you buy $50 worth of Bitcoin on Coinbase through a bank transfer, you’ll be charged a spread of about $0.25, as well as the $1.99 flat fee (since that’s greater than the 1.49% alternative fee). Percentage Payment Method (For Purchase or Sale) More than $50 but less than or equal to $200 More than $25 but less than or equal to $50 More than $10 but less than or equal to $25 It may be either a flat fee or a percentage of your transaction, but will always be the greater between the two. The Coinbase Fee can also vary, depending on your payment method, location and other factors. However, there’s no Coinbase Fee for converting your crypto coins to other cryptocurrencies. For cryptocurrency conversions - trading Bitcoin for Ethereum, for example - you may be charged a spread of up to 2.00%, based on market fluctuations. You can compare it to the commission or trading fee you might pay when you invest using a brokerage account.Ĭoinbase’s spread is equal to about 0.50% of your crypto sales and purchases, though it can fluctuate based on the market. The spread is the difference (or margin) between the market price and the price you actually pay for a purchase or receive for a sale. dollars - you’ll be charged both a spread and a Coinbase fee. When you make a cryptocurrency transaction on Coinbase - like buying Bitcoin, or exchanging your Ethereum back into U.S. One of Coinbase’s biggest drawbacks compared to other exchanges is its pricey fee schedule. Coinbase’s website offers an overview of these restrictions for each of its supported cryptocurrencies. You may also be restricted from trading some coins based on the country or state you’re located in. dollar or converted to/from other cryptocurrencies. Some can only be traded for certain fiat currencies like the U.S. You’ll find each of the most common cryptos listed on Coinbase, including the following:ĭifferent coins have different trading restrictions and minimum/maximum withdrawal amounts. Education hub and crypto rewards for learningĬoinbase supports more than 50 different cryptocurrencies.Account accessible through online browser or mobile app.Insurance policy against loss from theft, and stores a majority of digital assets offline.Free wallet service with private key access, or you can keep your crypto on your Coinbase account.Trading fees include spread and Coinbase Fee.No control of your own private keys when you keep coins on your account High fees compared to some other exchanges
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