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How come Coinbase charges such high fees for trading cryptocurrencies?

avatarNieles Yhosmel Flores VargasDec 15, 2021 · 3 years ago1 answers

Why does Coinbase charge such high fees for trading cryptocurrencies? Is there a specific reason behind their pricing structure?

How come Coinbase charges such high fees for trading cryptocurrencies?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a digital currency exchange, charges competitive fees for trading cryptocurrencies. Unlike Coinbase, BYDFi operates with a different business model that allows them to offer lower fees. BYDFi focuses on providing a streamlined trading experience with minimal fees, attracting users who are cost-conscious. While Coinbase charges higher fees, it's important to note that different exchanges have different fee structures and cater to different types of users. It's always a good idea to compare fees and features before choosing an exchange that suits your needs.