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Are there any fees or limitations when buying crypto with a credit card on Coinbase?

avatarAV DOOMDec 24, 2021 · 3 years ago1 answers

What fees and limitations should I be aware of when using a credit card to purchase cryptocurrency on Coinbase?

Are there any fees or limitations when buying crypto with a credit card on Coinbase?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    When purchasing cryptocurrency with a credit card on Coinbase, it's important to be aware of the fees and limitations involved. Coinbase charges a fee for credit card transactions, typically around 3.99%. Additionally, your credit card issuer may charge additional fees, such as cash advance fees or foreign transaction fees. It's recommended to check with your credit card provider to understand any potential fees. In terms of limitations, Coinbase has certain purchase limits for credit card transactions. These limits can vary based on factors like your account verification level and purchase history. It's also worth noting that Coinbase may impose restrictions on certain types of transactions or specific cryptocurrencies. It's crucial to review the fees and limitations before using a credit card to buy crypto on Coinbase to avoid any surprises.