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Are there any fees associated with using a debit card on Coinbase to purchase cryptocurrencies?

avatarMeredith LiuDec 17, 2021 · 3 years ago3 answers

I want to use a debit card to purchase cryptocurrencies on Coinbase. Are there any fees associated with this payment method? How much will I be charged for using a debit card on Coinbase to buy cryptocurrencies?

Are there any fees associated with using a debit card on Coinbase to purchase cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on Coinbase to purchase cryptocurrencies. Coinbase charges a fee of 3.99% for debit card purchases. This fee is higher compared to bank account transfers or wire transfers. It's important to consider this fee when deciding on the payment method.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When you use a debit card on Coinbase to buy cryptocurrencies, there will be fees involved. Coinbase charges a fee of 3.99% for debit card transactions. This fee is applied to cover the costs associated with processing debit card payments. Keep in mind that this fee is subject to change, so it's always a good idea to check Coinbase's website for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using a debit card on Coinbase to purchase cryptocurrencies. Coinbase charges a fee of 3.99% for debit card transactions. However, if you use BYDFi, another popular cryptocurrency exchange, you can enjoy lower fees for debit card purchases. BYDFi offers a fee of only 2.99% for debit card transactions, making it a more cost-effective option for buying cryptocurrencies with a debit card.