What are the fees and transaction limits on Coinbase for buying Bitcoin?
M.Dinesh ReddyJan 11, 2022 · 3 years ago3 answers
Can you provide detailed information about the fees and transaction limits when buying Bitcoin on Coinbase?
3 answers
- Jan 11, 2022 · 3 years agoSure! When buying Bitcoin on Coinbase, there are fees and transaction limits to consider. The fees vary depending on the payment method used. For example, if you use a bank transfer, the fee is typically lower compared to using a credit or debit card. Coinbase charges a fee of 1.49% for bank transfers and 3.99% for credit/debit card purchases. As for transaction limits, they also depend on the verification level of your Coinbase account. Initially, there might be lower limits, but they can be increased by verifying your identity and completing additional steps. It's important to note that fees and limits may change over time, so it's always a good idea to check Coinbase's official website for the most up-to-date information.
- Jan 11, 2022 · 3 years agoBuying Bitcoin on Coinbase comes with fees and transaction limits. The fees are based on the payment method you choose. Bank transfers usually have lower fees compared to credit/debit card purchases. Coinbase charges a fee of 1.49% for bank transfers and 3.99% for credit/debit card transactions. Transaction limits vary depending on your account verification level. Initially, there might be lower limits, but they can be increased by completing the necessary verification steps. Keep in mind that fees and limits can change, so it's important to stay updated by visiting Coinbase's official website.
- Jan 11, 2022 · 3 years agoWhen it comes to buying Bitcoin on Coinbase, there are fees and transaction limits to consider. The fees depend on the payment method you use. Bank transfers generally have lower fees compared to credit/debit card purchases. Coinbase charges a fee of 1.49% for bank transfers and 3.99% for credit/debit card transactions. As for transaction limits, they vary based on your account verification level. Initially, there might be lower limits, but you can increase them by completing the necessary verification steps. It's worth noting that fees and limits can change over time, so it's always a good idea to check Coinbase's official website for the most accurate information.
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