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What are the fees associated with buying and selling Monero on Coinbase?

avatarBrookeDec 18, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the fees involved in buying and selling Monero on Coinbase? I would like to understand the costs associated with these transactions.

What are the fees associated with buying and selling Monero on Coinbase?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    When buying or selling Monero on Coinbase, you will encounter fees. Coinbase charges a spread fee of 0.50% for each transaction, which means that the buy and sell prices will be slightly higher and lower, respectively, than the market price. In addition to the spread fee, Coinbase also charges a transaction fee based on the size of your transaction. The fee ranges from $0.99 to 1.49% depending on the transaction amount. It's worth noting that these fees may vary depending on your location and the payment method you select.