How come the purchase price on Coinbase is higher than the list price?

3 answers

• Sears WhitleyAug 29, 2020 · 5 years ago
  The purchase price on Coinbase can be higher than the list price due to various factors. One reason is that Coinbase charges a fee for each transaction, which is added to the list price. Additionally, Coinbase may have higher liquidity and demand compared to other platforms, leading to higher prices. It's also possible that Coinbase sources its prices from different exchanges or liquidity providers, resulting in price discrepancies. Lastly, market volatility and timing can also play a role in the price difference. Overall, it's important to consider these factors when comparing prices on different platforms.
  615

  308
• Hassan AsgharNov 28, 2022 · 3 years ago
  Well, the purchase price on Coinbase is higher than the list price because they want to make money, just like any other business. Coinbase is a popular and trusted platform, and they provide convenience and security for buying cryptocurrencies. However, this convenience comes at a cost. Coinbase charges fees for each transaction, and these fees are added to the list price, making the purchase price higher. So, if you want to buy cryptocurrencies at a lower price, you might want to consider using other platforms with lower fees or exploring decentralized exchanges.
  570

  190
• Abdul KhadharJun 07, 2021 · 4 years ago
  As an expert in the cryptocurrency industry, I can tell you that the purchase price on Coinbase is higher than the list price due to market dynamics and the platform's business model. Coinbase is a centralized exchange that offers a user-friendly interface and high liquidity. This attracts a large number of buyers, which drives up the price. Additionally, Coinbase charges fees for each transaction, which are included in the purchase price. If you're looking for lower prices, you might want to explore decentralized exchanges or other platforms that offer competitive fees and prices. Remember to always do your research and compare prices before making a purchase.
  669

  168