common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with depositing USD into Coinbase using a credit card?

avatarTim PickrellDec 16, 2021 · 3 years ago3 answers

I would like to know if there are any fees involved when depositing USD into Coinbase using a credit card. Can you please provide information on the fees associated with this type of transaction?

Are there any fees associated with depositing USD into Coinbase using a credit card?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with depositing USD into Coinbase using a credit card. Coinbase charges a fee of 3.99% for credit card purchases. This fee is applied to the total transaction amount and is deducted from the amount of cryptocurrency you receive. It's important to note that the fee may vary depending on your location and the type of credit card you use.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When depositing USD into Coinbase using a credit card, you can expect to pay a fee. Coinbase charges a fee of 3.99% for credit card purchases. This fee is automatically deducted from the total amount you're depositing. Keep in mind that the fee may vary depending on your location and the type of credit card you're using.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with depositing USD into Coinbase using a credit card. Coinbase charges a fee of 3.99% for credit card purchases. However, if you're using BYDFi, a digital currency exchange, you can enjoy a lower fee of 2.99%. It's always a good idea to compare fees across different exchanges to find the best option for your needs.