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.
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. The applicable fees will be listed in the trade preview screen which will be surfaced before you submit your transaction, and may differ for similar transactions.
Additionally, Coinbase 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 Advanced Trade, no spread is included because you are interacting directly with the order book.
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.
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.