Cryptocurrency Q&A How much does Coinbase Exchange charge to convert USDC to USD?

How much does Coinbase Exchange charge to convert USDC to USD?

Arianna Arianna Wed Jul 17 2024 | 0 answers 0
Inquiring minds want to know: Just how much does Coinbase Exchange levy as a fee for converting USDC to USD? Well, the answer varies depending on the transaction size. For institutional clients, when the net conversion of USDC to USD exceeds 75 million USD within a rolling 30-day period, Coinbase begins to apply charges. Specifically, conversions between 75 million and 150 million USD incur a 0.1% fee, while those between 150 million and 500 million USD attract a 0.15% fee. For conversions exceeding 500 million USD, a 0.2% fee applies. However, it's worth noting that Coinbase Prime customers with assets over 500 million USD or an average holding of 100 million USD/USDC per calendar month, as well as liquidity program members with Tier 1 or Tier 2 status who meet monthly qualifications, are exempt from these USDC conversion fees. How much does Coinbase Exchange charge to convert USDC to USD?

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