Are there any additional fees when using a credit card on Coinbase?

Andre GreenApr 09, 2022 · 3 years ago3 answers

When using a credit card on Coinbase, are there any additional fees that I need to be aware of? I want to understand if there are any hidden charges or extra costs associated with using a credit card for cryptocurrency transactions on Coinbase.

Credit Card

Coinbase

Fees

3 answers

Apr 09, 2022 · 3 years ago
Yes, there are fees associated with using a credit card on Coinbase. Coinbase charges a fee of 3.99% for credit card purchases. This fee is higher than the fee for bank account or debit card purchases, which is 1.49%. It's important to note that these fees may vary depending on your location and the type of credit card you use. Make sure to check Coinbase's fee schedule for the most up-to-date information.
Apr 09, 2022 · 3 years ago
Absolutely! When you use a credit card on Coinbase, you'll be charged a fee of 3.99%. This fee covers the cost of processing the credit card transaction and is higher than the fee for other payment methods. It's always a good idea to compare the fees associated with different payment methods before making a purchase on Coinbase.
Apr 09, 2022 · 3 years ago
Yes, there are additional fees when using a credit card on Coinbase. Coinbase charges a fee of 3.99% for credit card purchases. However, if you use BYDFi, another popular cryptocurrency exchange, you can enjoy lower fees. BYDFi charges a fee of only 2.99% for credit card purchases. So if you're looking to save on fees, consider using BYDFi instead of Coinbase for your credit card transactions.