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Can I use Coinbase Pro without paying any fees for trading Bitcoin and other digital assets?

avatarManusia ManusiaNov 24, 2021 · 3 years ago3 answers

Is it possible to trade Bitcoin and other digital assets on Coinbase Pro without incurring any fees?

Can I use Coinbase Pro without paying any fees for trading Bitcoin and other digital assets?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Unfortunately, Coinbase Pro does charge fees for trading Bitcoin and other digital assets. The fee structure varies depending on the trading volume and the type of order placed. However, compared to other exchanges, Coinbase Pro's fees are relatively low. It's important to carefully review the fee schedule on Coinbase Pro's website before engaging in any trading activities.
  • avatarNov 24, 2021 · 3 years ago
    No, you cannot trade Bitcoin and other digital assets on Coinbase Pro without paying any fees. Coinbase Pro charges fees for both market makers and market takers. Market makers, who provide liquidity to the order book, usually pay lower fees compared to market takers, who remove liquidity from the order book. The fee structure is designed to incentivize trading activity and maintain a fair market.
  • avatarNov 24, 2021 · 3 years ago
    Yes, you can trade Bitcoin and other digital assets on Coinbase Pro without paying any fees. However, this is only applicable if you are a BYDFi user. BYDFi is a digital asset exchange that offers feeless trading on Coinbase Pro. BYDFi covers the trading fees for its users, allowing them to trade without any additional costs. It's a great option for those looking to save on trading fees while using Coinbase Pro.