Cryptocurrency Q&A
How much does it cost to sell cryptocurrencies on Coinbase?
How much does it cost to sell cryptocurrencies on Coinbase?
BonsaiGrace
Sun Jul 14 2024
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6 answers
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As a cryptocurrency enthusiast and investor, I'm often curious about the various costs associated with trading digital assets. Could you please elaborate on the costs involved in selling cryptocurrencies on Coinbase? I'm particularly interested in understanding the transaction fees, any additional charges, and whether there are any hidden costs that might not be immediately apparent. Your insight into this matter would be greatly appreciated as I consider diversifying my portfolio and potentially utilizing Coinbase for my trading needs.
6 answers
AltcoinAdventurer
Tue Jul 16 2024
When engaging in cryptocurrency transactions on Coinbase, users are subject to certain fees.
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amelia_jackson_environmentalist
Tue Jul 16 2024
Specifically, when selling cryptocurrencies to a debit or credit card, a 3.99% fee is charged.
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DondaejiDelightfulCharm
Tue Jul 16 2024
Alternatively, selling to one's Coinbase fiat balance incurs a 1.49% fee.
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Andrea
Mon Jul 15 2024
Coinbase also offers the option to convert between different cryptocurrencies directly.
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Eleonora
Mon Jul 15 2024
This direct conversion feature allows users to avoid paying fees twice - once when selling to fiat currency and again when buying back into a crypto-asset.
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