What is the cost of trading on Coinbase Pro?
lenaDec 17, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the trading costs on Coinbase Pro?
3 answers
- Dec 17, 2021 · 3 years agoTrading on Coinbase Pro incurs various costs, including fees for market makers and takers. Market makers, who provide liquidity to the market by placing limit orders, are charged a lower fee compared to market takers, who execute orders at the current market price. The fee structure is based on the trading volume over a 30-day period, with higher volume traders enjoying lower fees. It's important to note that additional fees may apply for specific trading features or services offered by Coinbase Pro. Overall, the cost of trading on Coinbase Pro is competitive within the cryptocurrency exchange market.
- Dec 17, 2021 · 3 years agoWhen it comes to trading on Coinbase Pro, you'll encounter trading fees. These fees are charged to both market makers and takers. Market makers, who add liquidity to the market by placing limit orders, pay lower fees compared to market takers, who execute orders at the current market price. The fee structure is tiered based on your trading volume over a 30-day period. The more you trade, the lower your fees will be. It's worth noting that Coinbase Pro may also charge additional fees for certain trading features or services. However, overall, the cost of trading on Coinbase Pro is competitive and transparent.
- Dec 17, 2021 · 3 years agoTrading on Coinbase Pro involves fees for both market makers and takers. Market makers, who provide liquidity to the market, are charged a lower fee than market takers. The fee structure is based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. It's important to keep in mind that Coinbase Pro offers a range of trading features and services, and additional fees may apply for certain options. However, compared to other exchanges, Coinbase Pro's trading costs are generally competitive and transparent.
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