Coinbase uses a maker-taker fee model for determining advanced trading fees. Orders that provide liquidity (maker orders) are charged different fees than orders that take liquidity (taker orders). Fees are calculated based on the current pricing tier you are in when the order is placed, and not on the tier you would be in after a trade is completed. You can check your fee tier at any time. Your fee tier is recalculated hourly based on your total trading volume.
Determining maker and taker orders
When you place an order at the market price that gets filled immediately from open orders on the order book (for example, a market order or a limit order that can be immediately fulfilled), you are considered a taker for that trade and will pay the taker fee rate. When you place an order that is not immediately matched by an existing order (for example, a buy limit order at 20% below the current market price), that order is placed on the order book. If another customer places an order that matches yours and your order is partially or completely filled, you are considered a maker for that trade and will pay the maker fee rate.
When you place an order that gets partially matched immediately, you pay a taker fee for that portion. The remainder of the order is placed on the order book and when matched is considered a maker order. You pay the maker fee rate for this remaining portion of the total order.
To see the complete fee structure, sign in to your Coinbase.com account and see the advanced trade fees page.
How are taker fees calculated?
Your taker fees are based upon total USD trading volume over the trailing 30-day period across all order books. Transactions made on books quoted in USD (for example, BTC-USD), are counted as the total USD amount of each filled order.
Transactions made on non-USD books are converted to USD based on the most recent fill price on the respective book. For example, a purchase of 1 ETH on the ETH-BTC book will be immediately converted to a USD equivalent based on the most recent fill price on the ETH-USD book.
General Coinbase fees and disclosures
See our pricing and fees disclosures to learn more about our cryptocurrency transaction fees and more. Coinbase reserves the right to adjust pricing from time to time. Pricing will always be displayed on the order preview page of each trade.