Coinbase is one of the most highly secure and reliable exchanges on the market, supporting directly purchase cryptocurrencies with fiat, but this security and convenience come with a cost.

Coinbase is also known for its high fees, and if you are a trader that makes frequent withdraws and trades, these fees can really take a large chunk out of your profits.

So, what is there to do? Well, there is a trick on how to avoid paying Coinbase fees, and it involves using Coinbase Pro.

Coinbase Fees

Coinbase applies a fee of based on trading volume, with an additional 0.5% spread fee for all crypto transactions:

  • ≤ $10 – a fee of $0.99;
  • ≤ $25 – a fee of $1.49;
  • ≤ $50 – a fee of $1.99;
  • ≤ $200 – a fee of $2.99.

Withdrawals and deposits have a more complicated structure. The charges vary depending on what payment method you use and your country of residence. There is also a conversion fee if you deposit in other fiat currencies than the ones supported.

Image result for coinbaseSource: Coinbase

The Effective Rate of Conversion Fee Payment Method for Purchasing (after…

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