I'm trying to figure out how to reduce the fees I'm paying on Coinbase. I want to know if there are any strategies or tips that can help me minimise these costs when buying or selling cryptocurrencies on the platform.
6 answers
AzureWave
Sun Dec 01 2024
To achieve the initial Advanced trading fees tier, a monthly trading volume exceeding $10,000 or a maintained asset balance of $1 million is required.
Luca
Sun Dec 01 2024
Upon reaching this tier, traders will benefit from a fee reduction. Specifically, the maker fee will be lowered by 0.25%, and the taker fee will be decreased by 0.40%.
GyeongjuGrace
Sun Dec 01 2024
These reductions can significantly impact a trader's overall costs, particularly for those engaging in frequent transactions.
CryptoChampion
Sun Dec 01 2024
Moreover, as traders continue to increase their transaction volume, they may be eligible for further fee reductions.
EthereumEliteGuard
Sat Nov 30 2024
Coinbase offers a tiered fee structure that incentivizes higher trading activity by lowering fees as volume grows.