Cryptocurrency Q&A
How much does Coinbase charge for USDC transfer?
How much does Coinbase charge for USDC transfer?
Eleonora
Wed Sep 04 2024
|
6 answers
1175
Could you please clarify for me the specific fees that Coinbase imposes on the transfer of USDC? I'm particularly interested in understanding whether these fees are fixed or variable, and if there are any additional costs that I should be aware of. Additionally, I'd appreciate it if you could provide me with an estimate or range of what these fees might be, as it would greatly aid in my decision-making process. Thank you in advance for your assistance.
6 answers
Bianca
Fri Sep 06 2024
When converting USDC to USD, there are specific fees associated with the transaction. These fees are determined by the amount of USDC being converted and the tier of the client.
Was this helpful?
86
75
KatanaBladed
Fri Sep 06 2024
For clients in the LP Tier 2 category, the standard fee for conversions up to $40 million is 0%. This means that for conversions within this range, there are no additional charges.
Was this helpful?
256
42
Chiara
Thu Sep 05 2024
For conversions exceeding $40 million but not exceeding $60 million, the standard fee is 0.05%, while the LP Tier 2 clients continue to enjoy a 0% fee.
Was this helpful?
230
30
Andrea
Thu Sep 05 2024
For conversions between $60 million and $150 million, the standard fee increases to 0.10%, while LP Tier 2 clients still benefit from a reduced fee of 0.05%.
Was this helpful?
114
79
isabella_doe_socialworker
Thu Sep 05 2024
For larger conversions, between $150 million and $500 million, the standard fee further increases to 0.20%. However, LP Tier 2 clients still enjoy a discounted rate of 0.10%.
Was this helpful?
234
46
Load 5 more related questions
