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?
7 answers
TaekwondoMasterStrength
Mon Dec 02 2024
The high trading volume on the platform leads to increased fees.
Caterina
Mon Dec 02 2024
Coinbase holds a prominent position among cryptocurrency exchanges.
KDramaLegendaryStar
Mon Dec 02 2024
Coinbase operates on a percentage-based fee structure for transactions.
ShintoMystic
Mon Dec 02 2024
This fee structure ensures that the exchange earns a commission from each trade.
Riccardo
Mon Dec 02 2024
Its popularity is attributed to the vast number of users it attracts.