Cryptocurrency Q&A
How much does Coinbase charge for credit transactions?
How much does Coinbase charge for credit transactions?
EnchantedDreams
Mon Jul 15 2024
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6 answers
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Could you elaborate on the fees associated with credit card transactions on Coinbase? I'm curious to know if there's a flat fee, a percentage-based charge, or both. Additionally, does the fee vary depending on the amount being transacted? It would be helpful to understand the cost structure so I can make informed decisions when using my credit card on the platform. Thank you for your assistance in clarifying this matter.
6 answers
Andrea
Wed Jul 17 2024
Cryptocurrency exchanges often implement fees for various services, including credit transactions.
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CryptoSavant
Wed Jul 17 2024
When borrowing USD from Coinbase or its affiliates, users are typically subject to a total flat fee of 2% on the transaction amount.
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HallyuHeroLegendaryStarShine
Wed Jul 17 2024
This fee covers the costs associated with facilitating the credit transaction and maintaining the platform's operations.
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lucas_jackson_pilot
Wed Jul 17 2024
Additionally, if a user utilizes their Coinbase card at an ATM, they may incur additional operational fees.
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Isabella
Tue Jul 16 2024
These ATM fees are typically charged by the ATM operator and not Coinbase itself.
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