What is the cost of using Coinbase Commerce for accepting payments?

3 answers

• Dec 16, 2021 · 3 years ago
  Using Coinbase Commerce for accepting payments incurs certain costs. When you receive a payment, Coinbase Commerce charges a transaction fee of 1% for cryptocurrency transactions. This fee is deducted from the total payment amount. Additionally, if you choose to convert your cryptocurrency payments to fiat currency, Coinbase Commerce charges a conversion fee of 2%. It's important to consider these fees when deciding to use Coinbase Commerce for accepting payments.
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• Dec 16, 2021 · 3 years ago
  The cost of using Coinbase Commerce for accepting payments primarily consists of transaction fees. For cryptocurrency transactions, Coinbase Commerce charges a fee of 1% on the total payment amount. This fee is deducted automatically when you receive a payment. If you decide to convert your cryptocurrency payments to fiat currency, Coinbase Commerce charges an additional conversion fee of 2%. It's essential to factor in these fees when evaluating the cost-effectiveness of using Coinbase Commerce for accepting payments.
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• Dec 16, 2021 · 3 years ago
  When it comes to the cost of using Coinbase Commerce for accepting payments, it's important to consider the transaction fees involved. For cryptocurrency transactions, Coinbase Commerce charges a fee of 1% on the total payment amount. This fee is deducted from the payment received. If you opt to convert your cryptocurrency payments to fiat currency, Coinbase Commerce charges a conversion fee of 2%. These fees should be taken into account when assessing the overall cost of using Coinbase Commerce for accepting payments. Please note that other expenses, such as network fees, may also apply depending on the specific cryptocurrency used.
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