![]() As a result, the service charges relatively high fees when compared to other exchanges. This fee is contingent upon the value of the acquisition, payment type (debit/credit), and region where you make the purchase. Coinbase fees explained Trading feesĪs stated earlier, Coinbase charges varying prices depending on the payment method and the user’s location, including a “Coinbase Fee” in addition to the spread and the cost of depositing money. The reason fees and pricing are not transparent is that the exchange offers several variant products and services to its customers, and each has its own custom pricing model. ![]() The digital crypto brokerage also has a complex fee system that is expensive if you are not using Coinbase Pro. However, those who are new to crypto and are looking for convenience and user-friendliness may opt to overlook this. ![]() Trading on Coinbase’s standard platform is relatively high in comparison to its competitors. To retrieve the full fee details by geo, see the official source here. Still, we will focus predominantly on costs within the United States in this review. Coinbase’s fees deviate across different countries and regions. Finally, Coinbase’s user-friendly consumer platform is simply for buying and selling well-known cryptocurrencies.ĭesigned with the beginner in mind, plenty of new investors who enter the crypto world join Coinbase as their first stop due to its reliable and trusted reputation. Coinbase Prime is designed with institutions in mind as they require access to deep liquidity pools. For frequent crypto traders, you can quickly transfer to Coinbase Pro, where you can trade between a wider variety of cryptos. The exchange has more than $223 billion of assets under management, and, in Q1 of 2021, it processed more than $335 billion worth of trades.Ĭoinbase features three core products: Coinbase crypto brokerage services, a professional trading platform named Coinbase Pro, and a recently-rolled-out Coinbase Prime for institutions.Īll three platforms are separate. company had over 6.1 million monthly active users in the first quarter of 2021 at present, it handles more than 56 million clients worldwide and more than 1,700 institutions and is considered one of the most accessible platforms to buy and sell bitcoin. Considered one of the biggest crypto exchanges globally, Coinbase is a digital cryptocurrency brokerage where you can buy and trade bitcoin and other digital assets.
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