![]() ![]() Binance says 0.1 spot trading fee, 0.5% instant buy-sell fee what does this mean? This refers to us using their trading system versus just clicking the buy crypto button on their website. So, that was a look at the fee structure of Coinbase.ĪPPLY PRIVATE 10,000 MEMBER FACEBOOK GROUP If we’re making a relatively small purchase, our fees can get up to 5% to 10%, which is ridiculous. Overall this generally means that with Coinbase, if we’re making a large purchase, we will pay about 2% in payments. This is not too bad, but if we pay with a debit card or a credit card, we will be slapped with a 4% fee. So, remember we’ll pay this flat fee if it is higher than the variable fee.įor the variable fee, if you’re in the US, we will be charged 1.49% if you use money from our Coinbase wallet or our bank account. Now, if your transaction is below $10 we’re going to be charged a $1 flat fee, $10 to $25, and we’re charged a $50, $25 to $50, and we pay $2, and if our total transaction is between $50 to $200, then we’re going to be charged a $3 flat fee. This spread fee is about 0.5%, and then on top of this, we’re going to be charged either a flat fee or a variable fee, whichever of those two is higher. ![]() You’ll be charged a spread fee no matter what coin you trade or how you sell it. With Coinbase, we generally have to pay a pretty high fee price. The two exchanges are top-rated, but they’re famous for different reasons, so everyone wants to make sure that they pick the right one. Generally, Coinbase is built for beginners, and Binance is built for more advanced people.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |