What are the fees associated with buying or selling cryptocurrencies on Coinbase?

1 answers

• Dec 19, 2021 · 3 years ago
  When it comes to buying or selling cryptocurrencies on Coinbase, you'll encounter a few fees. First, there's a conversion fee, which is a percentage of the transaction amount when you convert your local currency into cryptocurrency. This fee varies depending on the specific cryptocurrency you're dealing with. Coinbase also charges a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread allows Coinbase to make money. Keep in mind that the spread can fluctuate based on market conditions. Lastly, there may be additional fees for certain payment methods or transactions, such as credit card fees or network fees for transferring cryptocurrencies to an external wallet. To get the most accurate and up-to-date information on fees, it's best to refer to Coinbase's fee schedule and terms of service.
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