How does Coinbase charge my account for cryptocurrency transactions?

3 answers

• raf shOct 12, 2020 · 5 years ago
  Sure! When you make a cryptocurrency transaction on Coinbase, the platform charges your account based on the transaction fees associated with that specific cryptocurrency. These fees vary depending on the network congestion and the type of transaction you're making. Coinbase will deduct the fees from your account balance before completing the transaction. It's important to note that Coinbase may also charge additional fees for certain transactions, such as buying or selling cryptocurrency using a credit card. Make sure to review Coinbase's fee schedule for more details.
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• Demo PingFeb 21, 2021 · 4 years ago
  When you use Coinbase to make a cryptocurrency transaction, they charge your account for the transaction fees associated with that specific cryptocurrency. These fees are determined by the network and can vary depending on the current demand and congestion. Coinbase deducts the fees from your account balance before completing the transaction. Keep in mind that Coinbase may also charge additional fees for certain transactions, such as converting one cryptocurrency to another. It's always a good idea to check Coinbase's fee structure to understand the charges involved.
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• frbdJun 14, 2022 · 3 years ago
  Ah, Coinbase! They charge your account for cryptocurrency transactions by deducting the transaction fees from your account balance. These fees are determined by the network and can fluctuate depending on the current demand and congestion. Coinbase ensures that the fees are subtracted before finalizing the transaction. It's worth mentioning that Coinbase may have additional charges for specific transactions, like buying or selling cryptocurrency using a credit card. To get a clear picture of the charges, take a look at Coinbase's fee schedule. Happy trading!
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