Prime

Billing & Invoices on Coinbase Prime

Prime Onchain wallet invoices are included in the Prime distribution of monthly invoices, and can be paid like a standard invoice. See the “Accessing your Invoice” & “Paying your Invoice” sections  below. 

Billing on Coinbase Prime

At Coinbase Prime, we are committed to providing you with seamless and transparent financial services. As a valued user, you will receive a monthly invoice at the beginning of each month for your Vault (Custody) transactions. To keep you informed, we will notify you of any outstanding invoices via email and display alerts on the Prime platform. You can easily manage and access all your invoices directly within your Prime account.

Accessing your invoice 

Monthly invoices can be pulled directly from the Prime platform by authorized account users. You can take the following steps to access your invoice:

  1. Sign into your Coinbase Prime account

  2. Select Settings from the left-hand menu and navigate to the Billing tab

  3. Under Invoices tab you can find Total Balance due and download specific invoice as PDF 

Should you want to see a detailed breakdown of the fees associated with your account, select Plan & Fees . 

Paying your invoice

Invoices are issued on a monthly basis and should be paid according to the terms outlined in your Prime Brokerage Agreement. You have two options for paying invoices: Wire Transfer or Auto Pay

Auto Pay

By enabling Auto Pay, your monthly invoice will be automatically debited from either your selected trading wallet or vault wallet. 

If using a trading or vault wallet, the deduction will be made on the invoice due date or the next available business day, adhering to the net-payment terms detailed in your PBA agreement. 

  • If the selected wallet does not have sufficient funds, the payment will be debited once the wallet is funded.

  • If there are multiple outstanding invoices, we will debit one invoice per day, processing the oldest invoice first

If you elect to make payments with digital assets, please note that the payment will be treated as a disposition and subject to U.S. tax reporting on Form 1099-DA. For more information on IRS Form 1099-DA and related changes to the U.S. tax information reporting rules for digital assets, please see our Help Center article.

To enable Auto Pay for your monthly Custody invoice: 

  1. Sign into your Coinbase Prime account

  2. Select Settings from the left-hand menu and navigate to the Billing tab

  3.  Under Billing Settings tab, click Enable to set up Auto Pay 

  4. Designate the asset, portfolio and trading or vault wallet used to pay your monthly invoices 

  5. Acknowledge the Terms of Service and click Continue  

  6. Verify with your Yubikey and approve with consensus 

Managing Auto Pay Subsidiaries (Coinbase Entities ): 

To complete auto-pay processing, the correct  Entity or  Entities must be selected. Follow the steps below to manage your auto-pay subsidiaries:

  1. Sign in to your Coinbase Prime account.

  2. Select "Settings" from the left-hand menu and navigate to the Billing tab.

  3. Under the Billing Settings tab, click "Enable/Edit Auto Pay."

  4. In your auto-pay settings, under “Enrolled Invoices," select your auto-pay subsidiaries (e.g., CCTC, CCI, CB Inc).

  5. After confirming your auto-pay preferences and selecting subsidiaries, verify with your Yubikey and approve via consensus.

Note: You will only see Entities  you are contracted with

If you are unsure which Entities  to select:

  1. Navigate to Settings from the left-hand menu and go to the Billing tab.

  2. On your Billing page, any additional subsidiaries will be displayed as part of the Balance Breakdown across subsidiaries.

Note: You will only see subsidiaries you are contracted with

Wire Transfer

Send a one-time wire payment from your bank using the payment details provided on your invoice.

To send a one time payment using a wire transfer: 

  1. Sign into your Coinbase Prime account

  2. Select Settings from the left-hand menu and navigate to the Billing tab

  3. Under Invoices tab you can find Total Balance due and "Get Banking Info" button

    • Note: If you do not have Auto Pay set up you would see "Pay Balance Due" button instead which will include Bank transfer instructions 

  4. Copy the Coinbase payment details and initiate a wire transfer through your bank. Please include the invoice number(s) in the memo field or remittance details.

Managing Email Recipients 

To Add or Remove an Email Recipient:

  1. Sign into your Coinbase Prime account

  2. Select Settings from the left-hand menu and navigate to the Billing tab

  3. Under Settings tab Billing Contacts click Edit to add new email or delete existing ones (Yubikey and consensus will be required)

To Remove a new email recipient, select the three dots next to the email address you wish to remove and select Remove. Verify the change with your Yubikey and approve with consensus

Managing your Billing Address

To change your billing address:

  1. Sign into your Coinbase Prime account

  2. Select Settings from the left-hand menu and navigate to the Billing tab

  3. Under Settings tab Entity Billing Address select Edit

    1. Update address and click Save Changes

    2. Verify with your Yubikey

You must have one of the following roles to edit billing address on Coinbase Prime: Administrator, Authorized Signatory, Full Trader or Initiator.