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.
In addition to sending or receiving cryptocurrency through Coinbase, customers can (1) purchase or sell a single cryptocurrency (a “cryptocurrency purchase” or “cryptocurrency sale”), or (2) convert one type of cryptocurrency into another type of cryptocurrency (a “cryptocurrency conversion”). After signing in to Coinbase.com, select the blue Trade button to view this screen.
When you request a cryptocurrency transaction, Coinbase will attempt to fill that order through one or more orders on Coinbase’s trading platform, Coinbase Pro. Coinbase establishes the exchange rate for cryptocurrency transactions (“consumer exchange rate”) by adding a margin, or spread (the “spread”), to the market exchange rate on Coinbase Pro (“Pro exchange rate”). Coinbase may also charge a separate fee (in addition to the spread) that is either a flat fee or a percentage of the transaction (the “Coinbase Fee”), as further described below in the section entitled Buy/Sell Transactions. Coinbase Fees may vary based on your location, payment method, and other circumstances. In some cases, we may charge an additional fee on transfers to and from your bank account. We will always notify you of all Coinbase Fees (not including the margin) and any other service fees that apply to each transaction immediately before you conﬁrm each transaction and in the receipt we issue to you immediately after each transaction has processed.
Coinbase reserves the right to reject a transaction if Coinbase is unable to fill a corresponding order on Coinbase Pro due to changes in the market price of a cryptocurrency, an order exceeding the maximum order size on Coinbase Pro, or an order timing out due to slow server response time. In rare circumstances, the Pro exchange rate may not be available due to outages or scheduled maintenance. In order to provide you with uninterrupted services at such time, we may derive market pricing data from unafﬁliated currency exchanges. Exchange rates quoted in these circumstances are subject to a quoted spread exceeding 50 basis points.
Coinbase charges a spread of about one-half of one percent (0.50%) for cryptocurrency purchases and cryptocurrency sales. However, the actual spread may be higher or lower due to market fluctuations in the price of cryptocurrency on Coinbase Pro between the time we quote a price and the time when the order executes.
We also charge a Coinbase Fee (in addition to the spread), which is the greater of (a) a flat fee or (b) a variable percentage fee determined by region, product feature, and payment type. The flat fees are set forth below:
- If the total transaction amount is less than or equal to $10, the fee is $0.99 | €0,99 | £0,99 | C$0.99^ | S$0.99 | CLP $0.99 | Mex$0.99
- If the total transaction amount is more than $10 but less than or equal to $25, the fee is $1.49 | €1,49 | £1,49 | C$1.49^ | S$1.49 | CLP $1.49 | Mex$1.49
- If the total transaction amount is more than $25 but less than or equal to $50, the fee is $1.99 | €1,99 | £1,99 | C$1.99^ | S$1.99 | CLP $1.99 | Mex$1.99
- If the total transaction amount is more than $50 but less than or equal to $200, the fee is $2.99 | €2,99 | £2,99 | C$2.99^ | S$2.99 | CLP $2.99 | Mex$2.99
^Does not apply to sells to PayPal - please see variable fee table below.
For example, if you are in the United States and wish to purchase $100 of bitcoin and pay with a US bank account or your USD Wallet, the flat fee would be calculated as $2.99. As noted below in the variable fee section, the variable percentage fee would be 1.49% of the total transaction, or $1.49. Since the flat fee is greater than 1.49% of the total transaction, your fee would be $2.99. If you wanted to purchase bitcoin with a debit card, we would charge a fee of 3.99% since the variable percentage fee is higher than the flat fee.
Variable percentage fee structure by location and payment method are shown in the last section below. These fees do not apply to cryptocurrency conversions. As a reminder, the Coinbase Fee will always be the greater of the minimum flat fees described above or the variable fees described below.
If you borrow USD from Coinbase or an affiliate of Coinbase, and we sell your BTC collateral as we are authorized to do under an applicable loan agreement, we will charge you a flat fee of 2% of the total 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.
With a cryptocurrency conversion, you can accomplish in a single transaction what would otherwise require two separate transactions. For example, you could directly convert bitcoin to Ethereum (a cryptocurrency conversion), or you could sell bitcoin and then purchase Ethereum (a cryptocurrency sale followed by a cryptocurrency purchase).
Coinbase charges a spread margin of up to two percent (2.00%) for cryptocurrency conversions. The actual spread margin charged varies due to market fluctuations in the price of cryptocurrency on Coinbase Pro between the time we quote a price and the time when the order executes. We do not charge a separate Coinbase Fee for cryptocurrency conversions.
For US customers only: cryptocurrency conversions ending or starting with USDC are treated as cryptocurrency purchases and cryptocurrency sales respectively, and are charged a spread and Coinbase Fee as stated above for “Buy/Sell Transactions."
Variable Fees by Location and Payment Method
|Debit Card Buys||Standard PayPal Sell|
|Credit/Debit Card Buys|
|Standard Buy/Sell||Instant Buys (debit card only)||Bank Transfers (SEPA) - in/out*||Instant Card Withdrawal|
||up to 2% of any transaction and a minimum fee of €0.55|
If you send a SWIFT payment, it is subject to a €5 fee that we are not able to waive. If your payment is for less than €5, your funds will not be returned.
|Credit / Debit Card Buys|
|Credit/Debit Card Buys||Goods and Services Tax|
|3.99%||7% of the transaction fee|
|Standard Buy/Sell||Instant Buys (debit card only)||Bank Transfers (SEPA) - in/out*||Faster Payments||Instant Card Withdrawal|
|1.49%||3.99%||Free/€0.15||Free||up to 2% of any transaction and a minimum fee of £0.55|
Base rate of 4% for all transactions**
|Payment Method for Purchase/Payout Method for Sale||Effective Rate of Conversion Fee (after waiver)|
|US Bank Account||1.49%|
|Coinbase USD Wallet||1.49%|
|Debit Card or PayPal||3.99%***|
|Instant Card Withdrawal||up to 1.5% of any transaction and a minimum fee of $0.55|
|USD Deposit Method||Effective Rate of Deposit (after waiver)|
|Wire Transfer||$10 ($25 outgoing)|
All debit card payments are processed through Coinbase, Inc.
* In some cases your bank may charge additional fees for transfers between your bank account and your Coinbase account.
** The base rate for all purchase, sale, and deposit transactions in the US is 4%. Coinbase waives a portion of the cryptocurrency transaction fee depending on the payment method you use. The effective rate of the cryptocurrency transaction fee disclosed here is calculated as the base rate, net of fee waivers. The base rate does not apply to US Dollar deposits and withdrawals made by ACH.
*** Your bank may charge additional fees for Coinbase credit card purchases. To avoid these fees, switch to debit card or bank account.
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.
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