Cryptocurrency Q&A
What is the Coinbase transaction fee?
What is the Coinbase transaction fee?
HanbokGlamour
Thu Nov 14 2024
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6 answers
1726
The Coinbase transaction fee refers to the charge paid to miners for processing and including transactions in a block on the Bitcoin network. This fee serves as an incentive for miners to validate transactions and maintain the security of the blockchain.
6 answers
CryptoPioneer
Sat Nov 16 2024
The cost of trading on Coinbase can range from as low as 0.5% to as high as 4.5%.
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AzrilTaufani
Sat Nov 16 2024
This wide range is influenced by several factors.
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Caterina
Sat Nov 16 2024
One of the primary factors is the type of cryptocurrency being traded.
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Filippo
Sat Nov 16 2024
Additionally, the size of the transaction also plays a role in determining the fee.
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SakuraDance
Sat Nov 16 2024
Transaction fees on Coinbase vary significantly.
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