Cryptocurrency Q&A Why is Coinbase fee so high?

Why is Coinbase fee so high?

Carlo Carlo Sat Nov 30 2024 | 7 answers 1424
I'm trying to understand why the fees on Coinbase are so high compared to other cryptocurrency exchanges. Is there a specific reason for this, or are they just charging more for their services? Why is Coinbase fee so high?

7 answers

TaekwondoMasterStrength TaekwondoMasterStrength Mon Dec 02 2024
The high trading volume on the platform leads to increased fees.

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Caterina Caterina Mon Dec 02 2024
Coinbase holds a prominent position among cryptocurrency exchanges.

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KDramaLegendaryStar KDramaLegendaryStar Mon Dec 02 2024
Coinbase operates on a percentage-based fee structure for transactions.

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ShintoMystic ShintoMystic Mon Dec 02 2024
This fee structure ensures that the exchange earns a commission from each trade.

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Riccardo Riccardo Mon Dec 02 2024
Its popularity is attributed to the vast number of users it attracts.

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