What are the fees associated with using a credit card on Coinbase?
SaahilJul 06, 2023 · 2 years ago6 answers
Can you please provide a detailed explanation of the fees associated with using a credit card on Coinbase? I would like to know the different types of fees, their amounts, and how they are calculated.
6 answers
- IlliaDec 06, 2022 · 3 years agoSure! When using a credit card on Coinbase, you may encounter several types of fees. The first one is the transaction fee, which is a percentage of the total transaction amount. This fee can vary depending on the region and the type of credit card used. Additionally, there might be a convenience fee for using a credit card, which is usually around 3.99% of the transaction amount. It's important to note that Coinbase also charges a cash advance fee if you use a credit card to buy cryptocurrency, as it is considered a cash advance by most credit card companies. This fee is typically around 5% of the transaction amount. Lastly, some credit card issuers may charge an additional fee for international transactions. It's always a good idea to check with your credit card provider to understand their specific fees and policies.
- Iliq NikushevSep 17, 2020 · 5 years agoUsing a credit card on Coinbase comes with a few fees that you should be aware of. The main fee is the transaction fee, which is a percentage of the total transaction amount. This fee can vary depending on your location and the type of credit card you use. Additionally, there is a convenience fee of around 3.99% for using a credit card on Coinbase. This fee covers the cost of processing the credit card transaction. If you use a credit card to buy cryptocurrency on Coinbase, you may also be subject to a cash advance fee. This fee is typically around 5% of the transaction amount and is charged by your credit card issuer. Lastly, if you make international transactions with your credit card on Coinbase, your credit card issuer may charge an additional fee. It's important to review your credit card terms and conditions to understand the specific fees that may apply.
- NATK.Jul 07, 2024 · a year agoWhen it comes to using a credit card on Coinbase, there are a few fees to keep in mind. First, there is a transaction fee, which is a percentage of the total transaction amount. The exact fee percentage can vary depending on your location and the type of credit card you use. Additionally, there is a convenience fee of around 3.99% for using a credit card on Coinbase. This fee covers the costs associated with processing the credit card transaction. If you use a credit card to buy cryptocurrency on Coinbase, you may also be subject to a cash advance fee. This fee is typically around 5% of the transaction amount and is charged by your credit card issuer. Lastly, if you make international transactions with your credit card on Coinbase, your credit card issuer may charge an additional fee. It's always a good idea to review your credit card terms and conditions to understand the specific fees that may apply.
- Holck BekApr 04, 2021 · 4 years agoWhen using a credit card on Coinbase, there are a few fees that you should be aware of. First, there is a transaction fee, which is a percentage of the total transaction amount. The exact fee percentage can vary depending on your location and the type of credit card you use. Additionally, there is a convenience fee of around 3.99% for using a credit card on Coinbase. This fee covers the costs associated with processing the credit card transaction. If you use a credit card to buy cryptocurrency on Coinbase, you may also be subject to a cash advance fee. This fee is typically around 5% of the transaction amount and is charged by your credit card issuer. Lastly, if you make international transactions with your credit card on Coinbase, your credit card issuer may charge an additional fee. It's important to review your credit card terms and conditions to understand the specific fees that may apply.
- Md. Mosaddik HabibJul 28, 2021 · 4 years agoWhen it comes to using a credit card on Coinbase, there are a few fees that you should be aware of. First, there is a transaction fee, which is a percentage of the total transaction amount. The exact fee percentage can vary depending on your location and the type of credit card you use. Additionally, there is a convenience fee of around 3.99% for using a credit card on Coinbase. This fee covers the costs associated with processing the credit card transaction. If you use a credit card to buy cryptocurrency on Coinbase, you may also be subject to a cash advance fee. This fee is typically around 5% of the transaction amount and is charged by your credit card issuer. Lastly, if you make international transactions with your credit card on Coinbase, your credit card issuer may charge an additional fee. It's always a good idea to review your credit card terms and conditions to understand the specific fees that may apply.
- Md. Mosaddik HabibSep 23, 2020 · 5 years agoWhen it comes to using a credit card on Coinbase, there are a few fees that you should be aware of. First, there is a transaction fee, which is a percentage of the total transaction amount. The exact fee percentage can vary depending on your location and the type of credit card you use. Additionally, there is a convenience fee of around 3.99% for using a credit card on Coinbase. This fee covers the costs associated with processing the credit card transaction. If you use a credit card to buy cryptocurrency on Coinbase, you may also be subject to a cash advance fee. This fee is typically around 5% of the transaction amount and is charged by your credit card issuer. Lastly, if you make international transactions with your credit card on Coinbase, your credit card issuer may charge an additional fee. It's always a good idea to review your credit card terms and conditions to understand the specific fees that may apply.
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