But Coinbase is still the entry gate for many new cryptocurrency users.ĭisclosure: I own small amounts of various cryptocurrencies. Without even mentioning other exchanges, Coinbase Pro users have been able to trade between multiple cryptocurrencies for a long time. Still, it’s a much better user experience for those who just want to trade on Coinbase. And with some obscure trading pairs (exchanging ZRX for BCH for instance), you might end up paying around 1 percent in spread. Coinbase doesn’t charge you any markup fee - but there’s some inevitable spread. Customers pay 3 percent in fees for a $100 order.īut the good news is that it’s a completely different story with token-to-token transactions. For instance, a $10 order will generate $0.99 in fees, or 9.9 percent. If you buy or sell less than 200 USD or equivalent, fees get much more expensive. Fees are even higher if you’re using a credit or debit card.Ĭoinbase says that the spread between a fiat currency and a cryptocurrency should be around 0.5 percent but may vary depending on the trading pair and the order queue. If you live in Europe or the U.S., every time you buy or sell cryptocurrencies using USD or EUR, you pay at least 1.49 percent in fees on top of the spread (the difference between the highest selling price and the lowest purchasing price). customers for now, but the company plans to roll out the feature to other countries too. The feature works with Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) and Bitcoin Cash (BCH). According to Coinbase: When you place an order at the. A flat fee of 2.99 for transaction ranging between 78.05 and 200. The company is finally adding direct cryptocurrency-to-cryptocurrency conversions. For a price of 29.99 per month (as of May 2022), Coinbase Pro provides users with lower-cost trades. Here is how the fees are structured at Coinbase: 0.99 for transactions adding up to 10.99, and below. It’s hard to believe that you still had to convert your BTC into USD in order to buy ETH on Coinbase.
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