How come my limit order on Coinbase Pro is charged a fee?

3 answers

• Nov 29, 2021 · 3 years ago
  When you place a limit order on Coinbase Pro, you may be charged a fee for the transaction. This fee is typically a small percentage of the total value of your order and is used to cover the costs associated with executing the trade. The fee is deducted from your account balance and may vary depending on the specific trading pair and the size of your order. It's important to note that the fee is not charged by Coinbase Pro directly, but rather by the underlying market where the trade is executed.
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• Nov 29, 2021 · 3 years ago
  The fee for your limit order on Coinbase Pro is a standard practice in the cryptocurrency market. It helps ensure that the platform can provide a reliable and efficient trading experience for its users. The fee is necessary to cover the costs of maintaining the platform, including server maintenance, security measures, and regulatory compliance. By charging a fee, Coinbase Pro can continue to offer a secure and trustworthy trading environment.
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• Nov 29, 2021 · 3 years ago
  When you place a limit order on Coinbase Pro, you may notice a fee being charged. This fee is a common practice in the cryptocurrency industry and is used to cover the costs associated with executing the trade. It's important to understand that Coinbase Pro is not the only exchange that charges fees for limit orders. Many other exchanges also have similar fee structures in place. If you're looking for a fee-free trading experience, you may want to consider using a different exchange or exploring other trading strategies.
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