Coinbase offers our cash and Hosted Cryptocurrency balance service free of charge, allowing you to store your cash and supported cryptocurrency at no cost. We don't charge for transferring crypto from one Coinbase user’s primary balance to another user’s primary balance.
For transactions on cryptocurrency networks (i.e., transfers of cryptocurrency off the Coinbase platform), Coinbase incurs and pays network transaction fees (e.g., miner’s fees). We'll charge a fee based on our estimate of the prevailing network fees for a standalone wallet-to-wallet send. The final fee that Coinbase pays may differ from the estimated fee (for example, due to your transaction being batched with other transactions or due to changes in network congestion levels). All fees we charge are disclosed at the time of transaction.
Due to potential efficiency gains from batching transactions, the aggregate amount of estimated network fees paid by users within a given batch may exceed the final network fee paid by Coinbase.
Cryptocurrency transactions
Coinbase may charge fees when you buy, sell, or convert cryptocurrencies. Fees are calculated at the time you place your order and may be determined by a combination of factors, including the selected payment method, the size of the order, and market conditions such as volatility and liquidity. Fees will be listed in the trade preview screen before you submit your transaction and may differ for similar transactions.
Coinbase also includes a spread in the price when you use simple Trade to buy or sell cryptocurrencies, as well as in the exchange rate when you convert cryptocurrencies. This allows us to temporarily lock in a price for trade execution while you review the transaction details prior to submitting your transaction. When using Coinbase Advanced, no spread is included because you're interacting directly with the order book.
Coinbase Fees
When you buy, sell, or convert cryptocurrencies on Coinbase, fees are charged. These fees are calculated at the time you place your order and can be influenced by factors such as your chosen payment method, order size, market conditions, and jurisdictional location.
In some jurisdictions, for certain transactions, there is a service fee for third-party and other related fees.
Before submitting your transaction, you can view the fees in the trade preview screen. Please note that fees may vary for similar transactions. By completing an order, you agree to pay the applicable Coinbase fees for that transaction.
Spread
When you place simple buy and sell orders, Coinbase includes a spread in the quoted price. The spread is also included in the exchange rate when converting from one cryptocurrency to another.
You can see the spread when previewing a buy, sell, or convert order.
On the preview screen:
Buy and sell orders: tap on the tooltip next to your asset's price line item to view the spread.
Convert orders: tap on the tooltip next to your quoted exchange rate.
The spread helps increase the likelihood of a successful transaction and allows Coinbase to lock in your quoted price temporarily while processing your order. Coinbase may retain any excess spread from a transaction. Please note that the spread may vary for similar transactions.
Coinbase Advanced
No spread is included for Coinbase Advanced because you're interacting directly with the order book.
Coinbase One
Coinbase One is a subscription product that offers fee-free buying and selling of cryptocurrencies, with certain limitations. Members may still have spread included in their quoted prices.
Changes to Trading Fees and Spread
Coinbase occasionally tests changes to fees and spread. These changes may be rolled out across different regions, assets, order sizes, and types of trades.
Coinbase shows you the total amount, inclusive of spread and fees, each time you preview a trade and afterwards in your transaction history.
Trade Execution
All trades from your Primary Balance are executed through Coinbase Exchange's central limit order book or competitive auctions. You can view a market’s order book, bid, ask, and depth in real-time. These order books determine the quoted prices you see during trading.
Coinbase does not have any payment for order flow (PFOF) relationships with market makers.
There is no fee to stake or unstake. Coinbase takes a commission based on the rewards you receive from the network. Our standard commission is 35% for ADA, ATOM, DOT, MATIC, SOL, and XTZ and 25% for ETH. For ADA, ATOM, DOT, SOL, and XTZ, the commission is 26.3% for eligible Coinbase One members. Some users may receive offers for staking promotions with lower rates. The APY and rewards shown in your account always reflects the earnings you receive after our commission. You can find more about commissions in the Coinbase User Agreement.
If you sent an unsupported cryptocurrency to your Coinbase account, it may be eligible for recovery. We’ll charge a network fee for the recovery attempt. For recoveries with an estimated value of over $100, we’ll also charge a 5% recovery fee on the amount over $100. The estimated value of the recovery may differ from the actual market value of the recovery.