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What are the fees associated with buying and selling cryptocurrencies on coinbase.com app?

avatarMegha KtDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees involved when buying and selling cryptocurrencies on the coinbase.com app? I would like to understand the costs associated with these transactions.

What are the fees associated with buying and selling cryptocurrencies on coinbase.com app?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When buying and selling cryptocurrencies on the coinbase.com app, there are several fees to consider. First, there is a fee for converting your fiat currency into cryptocurrency, which is typically a percentage of the transaction amount. Additionally, there may be a fee for depositing or withdrawing funds from your coinbase.com account. These fees can vary depending on the payment method used. It's important to review the fee schedule on the coinbase.com website or app to get the most accurate and up-to-date information on the fees associated with your specific transactions.
  • avatarDec 17, 2021 · 3 years ago
    Buying and selling cryptocurrencies on coinbase.com app comes with certain fees. The fees can include a spread, which is the difference between the buy and sell prices of a cryptocurrency. Coinbase.com also charges a transaction fee, which is a percentage of the total transaction amount. It's important to note that fees may vary depending on the specific cryptocurrency being traded. To get the most accurate information on fees, it's recommended to check the coinbase.com website or app for the latest fee schedule.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying and selling cryptocurrencies on the coinbase.com app, there are a few fees you should be aware of. Coinbase.com charges a spread of around 0.50% for cryptocurrency purchases and sales. Additionally, there may be fees associated with depositing or withdrawing funds from your coinbase.com account, depending on the payment method used. It's always a good idea to review the fee schedule on the coinbase.com app or website to understand the specific fees associated with your transactions. Please note that fees can vary and it's important to stay updated with the latest fee information on the coinbase.com platform.