What are the fees associated with using Coinbase Instant Buy to purchase digital currencies?

3 answers

• Jan 09, 2022 · 3 years ago
  Sure! When using Coinbase Instant Buy to purchase digital currencies, there are fees associated with the transaction. The fees vary depending on the payment method used. For example, if you use a bank account or Coinbase USD Wallet, the fee is 1.49% of the transaction amount. If you use a debit card, the fee is 3.99% of the transaction amount. It's important to note that these fees may change over time, so it's always a good idea to check Coinbase's website for the most up-to-date information.
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• Jan 09, 2022 · 3 years ago
  The fees for using Coinbase Instant Buy to purchase digital currencies can be categorized into two main types: transaction fees and payment method fees. The transaction fee is a percentage of the total transaction amount and varies depending on the payment method used. The payment method fees are specific to the payment method chosen, such as using a bank account or a debit card. It's recommended to review Coinbase's fee schedule for a detailed breakdown of the fees associated with using Coinbase Instant Buy.
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• Jan 09, 2022 · 3 years ago
  As an expert in the field, I can tell you that the fees associated with using Coinbase Instant Buy to purchase digital currencies are quite reasonable. Coinbase charges a fee of 1.49% for transactions made using a bank account or Coinbase USD Wallet, and a fee of 3.99% for transactions made using a debit card. These fees are in line with industry standards and are necessary to cover the costs of processing the transactions. Overall, Coinbase Instant Buy offers a convenient and reliable way to purchase digital currencies.
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