As a potential investor in the
cryptocurrency market, I'm curious about the costs associated with purchasing digital assets through platforms like Coinbase. Could you elaborate on the fees Coinbase charges for buying cryptocurrencies? Are there any hidden costs or additional transaction fees that I should be aware of? Understanding the total cost of investment is crucial for making informed decisions and planning my budget effectively.
6 answers
Tommaso
Wed Jul 10 2024
When purchasing cryptocurrencies, the variable fees can vary depending on the payment method chosen.
BonsaiVitality
Wed Jul 10 2024
For US Bank Account transactions, Coinbase charges a fee of 1.49%.
CryptoMystic
Wed Jul 10 2024
Similarly, for purchases made using a Coinbase USD Wallet, the fee remains at 1.49%.
AmethystEcho
Tue Jul 09 2024
However, for payments made using a Debit Card or PayPal, the fee increases to 3.99%.
CryptoWizard
Tue Jul 09 2024
But there's an additional cost to consider.