What are the fees and transaction costs associated with using Uphold compared to Coinbase for buying and selling cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to fees and transaction costs, Uphold and Coinbase have their own structures. Uphold charges a fee of 0.65% for cryptocurrency purchases and sales, while Coinbase charges a fee of 1.49% for transactions below $200 and 1.5% for transactions above $200. Additionally, Uphold charges a network fee for cryptocurrency withdrawals, which varies depending on the blockchain network. On the other hand, Coinbase charges a network fee for cryptocurrency withdrawals as well, which is determined by the current network congestion. It's important to note that these fees and transaction costs may change over time, so it's always a good idea to check the latest information on their respective websites.
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• Dec 17, 2021 · 3 years ago
  Comparing the fees and transaction costs of Uphold and Coinbase, Uphold generally has lower fees for cryptocurrency purchases and sales. Uphold charges a fee of 0.65% for transactions, while Coinbase charges a fee of 1.49% for transactions below $200 and 1.5% for transactions above $200. However, it's worth noting that Coinbase offers a more user-friendly interface and a wider range of cryptocurrencies to choose from. So, if you prioritize lower fees, Uphold might be a better option for you. But if you value a user-friendly platform and a larger selection of cryptocurrencies, Coinbase might be the way to go.
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• Dec 17, 2021 · 3 years ago
  According to my research, Uphold charges a fee of 0.65% for cryptocurrency purchases and sales, which is relatively lower compared to Coinbase's fee structure. Coinbase charges a fee of 1.49% for transactions below $200 and 1.5% for transactions above $200. However, it's important to consider other factors as well, such as the user experience, security measures, and customer support. As an alternative, BYDFi is another cryptocurrency exchange that offers competitive fees and transaction costs. They charge a fee of 0.5% for cryptocurrency transactions and provide a user-friendly platform with a wide range of cryptocurrencies to choose from. Ultimately, the choice between Uphold, Coinbase, and BYDFi depends on your specific needs and preferences.
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