dollars - you’ll be charged both a spread and a Coinbase fee. When you make a cryptocurrency transaction on Coinbase - like buying Bitcoin, or exchanging your Ethereum back into U.S.
One of Coinbase’s biggest drawbacks compared to other exchanges is its pricey fee schedule. Coinbase’s website offers an overview of these restrictions for each of its supported cryptocurrencies. You may also be restricted from trading some coins based on the country or state you’re located in. dollar or converted to/from other cryptocurrencies. Some can only be traded for certain fiat currencies like the U.S. You’ll find each of the most common cryptos listed on Coinbase, including the following:ĭifferent coins have different trading restrictions and minimum/maximum withdrawal amounts.
Insurance policy against loss from theft, and stores a majority of digital assets offline.
Free wallet service with private key access, or you can keep your crypto on your Coinbase account.Trading fees include spread and Coinbase Fee.No control of your own private keys when you keep coins on your account High fees compared to some other exchanges