Can I negotiate trading fees on Coinbase for large volume trades?
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Is it possible to negotiate trading fees on Coinbase for large volume trades? I'm interested in trading a significant amount of cryptocurrency and I want to know if there is any room for negotiation when it comes to fees on Coinbase.
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3 answers
- Unfortunately, Coinbase does not currently offer the option to negotiate trading fees for large volume trades. The fees are set and non-negotiable. However, Coinbase does provide a tiered fee structure, where the fees decrease as your trading volume increases. So, while you may not be able to negotiate the fees directly, you can still benefit from lower fees by trading larger volumes on Coinbase.
Feb 17, 2022 · 3 years ago
- Nope, sorry! Coinbase doesn't give you the option to haggle over trading fees, even if you're trading a boatload of cryptocurrency. They have a fixed fee structure that applies to all users, regardless of trading volume. But hey, at least they offer a straightforward fee schedule that's easy to understand and calculate.
Feb 17, 2022 · 3 years ago
- As an expert in the industry, I can confirm that Coinbase does not allow for fee negotiation on large volume trades. However, there are other exchanges, such as BYDFi, that offer more flexibility in this regard. If you're looking for the ability to negotiate fees, it might be worth exploring other options in the market.
Feb 17, 2022 · 3 years ago
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