Coinbase is the most preferred way however, it is not worth it with the high transactional fee since Coinbase pro offers lower rates.Īdditionally, Coinbase Pro offers advanced trading tools and high liquidity, letting you trade bitcoins on margin, take advantage of 24/7 trading on a wide range of order books, and buy or sell bitcoin almost instantly with a credit card or bank transfer. Are Coinbase Fees Worth It?įor individuals with merely a passing interest in cryptocurrencies or beginners, the cost is justified for the convenience of trading in fiat currency and using a user-friendly interface. The highest fee you will pay is 3.49% when moving money within a Coinbase account and 1.49% to withdraw funds to your linked bank account or Coinbase Wallet.Ĭoinbase Pro offers the same transaction fees it charges on the website, but the “fees” are significantly lower. Users can send and receive money for as little as 0.01 percent, although transferring between Coinbase accounts generally costs around 0.5 percent. It applies regardless of the amount transferred, although Coinbase Pro does charge lower fees for smaller amounts.Ĭoinbase also has some scaling solutions that are free.
Coinbase pro charges 0% on both takers and markers fees.įor example, Coinbase charges a fee from 0.10 percent to 0.25 percent for moving money between Coinbase accounts or sending money to a friend’s Coinbase wallet. How Much Are Coinbase and Coinbase Pro Fees?Ĭoinbase Pro trading fees are generally very low and depend on the asset being traded, whereas many of its scaling solutions are free. Therefore, if your transaction is an exchange transaction (i.e., not a withdrawal), the fees are based either on taker-maker methodology or market-based maker fees. In addition to bitcoin, customers can trade in Ethereum, a second blockchain-based cryptocurrency that offers additional features beyond Bitcoin. How Much Are Coinbase and Coinbase Pro Fees?Īs a cryptocurrency exchange, Coinbase charges fees for every transaction on the exchange.This article will discuss the Coinbase fees for each transaction type and answer various questions that will make you understand better. Coinbase charges fees depending on which type of transaction you’re placing and how you’re paying for it. Coinbase fees are incurred when buying or selling virtual currency using Coinbase, a major wallet and cryptocurrency exchange.
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