Coinbase offers our USD Wallet and Hosted Cryptocurrency Wallet Service free of charge. This means we will store your USD and cryptocurrency at no cost to you. "Cryptocurrency" means any cryptocurrency currently supported by Coinbase. We do not charge for transferring cryptocurrency from one Coinbase wallet to another. Coinbase incurs and pays network transaction fees, such as miner’s fees, for transactions on cryptocurrency networks (i.e., transfers of cryptocurrency off the Coinbase platform). For these transactions, Coinbase will charge you a fee based on our estimate of the network transaction fees that we anticipate paying for each transaction. In certain circumstances, the fee that Coinbase pays may differ from that estimate. All fees we charge you will be disclosed at the time of your transaction.
Spending USDC with Coinbase Card has no fee, however Coinbase charges a flat 2.49% transaction fee on all purchases including ATM withdrawals made with other cryptocurrency. We facilitate the sale of your cryptocurrency each time you make a purchase, which is why there's a fee for cryptocurrency purchases.
For example, if you are in the United States and use your Coinbase Card to spend $100 of bitcoin, the flat fee of 2.49% would result in a fee of $2.49.
The fees described here are fees charged by Coinbase. You may also be charged fees by an ATM operator. Please refer to your Coinbase Cardholder Agreement for further details.
When you hold cryptocurrency on Coinbase, you may be given the option to “stake” these assets in a third party proof-of-stake network via staking services provided by Coinbase. Please see our staking information page for more information regarding staking, and Appendix 6 of the Coinbase User Agreement for applicable terms and conditions. If you stake your assets with us, your reward will be determined by the protocols of the applicable network. Coinbase will distribute this reward to you after receipt by Coinbase, minus a 25% commission.