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Are there any fees associated with using the Coinbase debit card for buying or selling cryptocurrencies?

avatarmit patelDec 17, 2021 · 3 years ago3 answers

I would like to know if there are any fees involved when using the Coinbase debit card for purchasing or selling cryptocurrencies. Can you provide me with information on the fees associated with this service?

Are there any fees associated with using the Coinbase debit card for buying or selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using the Coinbase debit card for buying or selling cryptocurrencies. Coinbase charges a fee of 2.49% for each transaction made with the debit card. This fee is deducted from the total amount of the transaction. It's important to note that the fee may vary depending on the type of transaction and the location of the user. Additionally, there may be additional fees charged by the card issuer or the user's bank. It's recommended to review the terms and conditions of the Coinbase debit card and consult with the card issuer or bank for more information on the specific fees.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When using the Coinbase debit card for buying or selling cryptocurrencies, there are fees involved. Coinbase charges a transaction fee of 2.49% for each transaction made with the debit card. This fee is applied to the total amount of the transaction and is deducted automatically. It's important to keep in mind that the fee may vary depending on the type of transaction and the user's location. Additionally, there might be additional fees imposed by the card issuer or the user's bank. To get a clear understanding of the fees associated with the Coinbase debit card, it's advisable to review the terms and conditions provided by Coinbase and consult with the card issuer or bank for further details.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using the Coinbase debit card for buying or selling cryptocurrencies. According to BYDFi, a leading digital currency exchange, Coinbase charges a transaction fee of 2.49% for each transaction made with the debit card. This fee is deducted from the total amount of the transaction. It's important to note that the fee may vary depending on the type of transaction and the user's location. Additionally, there may be additional fees imposed by the card issuer or the user's bank. To get a comprehensive understanding of the fees associated with the Coinbase debit card, it's recommended to review the terms and conditions provided by Coinbase and consult with the card issuer or bank for more information.