The Fees Paid On The Platform Are Relatively Low And Ranges From 0.04% To 0.5% For The Taker Fee And 0.00% To 0.05% For The Maker Fee.
Coinbase has higher fees (and at times a more confusing fee structure) than other cryptocurrency exchanges. Kraken trading fees are lower than coinbase pro fees. However, the transaction fees also vary depending on your payment method.
Executing Less Than $10,000 In Monthly Trading Volume Places You In The First Tier That Has A Maker And Taker Fee Of 0.5%.
Your fee tier is recalculated hourly based. The fee starts with 0.25%/transaction for the takers and 0.15%/transaction for the makers, and decreases upto a maximum of 0.05%/transaction for the takers and 0.00% for the makers. If the total transaction amount is between £50 and £200, the fee is £2.99.
I Say That Including The Fees.
All of this makes a very good exchange for both retail and institutional traders, and the latter can open a dedicated corporate account at. Orders that provide liquidity (maker orders) are charged different fees than orders that take liquidity (taker orders). Coinbase pro users enjoy more favorable pricing over coinbase users.
Like Many Other Cryptocurrency Exchanges, Coinbase Pro Receives Mixed Reviews From Users.
Users will need to pay a variety of fees for using the different services offered on the platform. Coinbase pro still offers, educational features, and the security features that coinbase has. If the total transaction amount is between £10 and £25, the fee is £1.49.
Coinbase Pro, In Our Opinion, Is Not Ideal For Beginners, Since The Majority Of Features Are Pretty Advanced.
Of course, when it comes to cryptocurrency withdrawals, you will have to pay the network or “miner” fees. For example, when funding via a credit card, you are charged a 3.99% fee. The balances on coinbase pro have fdic insurance, meaning all clients who store less than $250,000 on their accounts are federally secured by the u.s.