What is the cost of using a credit card to buy cryptocurrency on Coinbase?

3 answers

• BerbezSep 12, 2021 · 5 years ago
  When using a credit card to buy cryptocurrency on Coinbase, there are a few costs to consider. First, Coinbase charges a fee for credit card transactions, which is typically around 3.99%. This fee is applied to the total amount of the transaction. Additionally, your credit card issuer may also charge a cash advance fee or foreign transaction fee, depending on their policies. It's important to check with your credit card provider to understand any additional fees that may apply. Overall, using a credit card to buy cryptocurrency on Coinbase can be convenient, but it's important to be aware of the associated costs.
  620

  310
• Sukrit BhattacharyaSep 02, 2022 · 4 years ago
  Buying cryptocurrency on Coinbase with a credit card comes with some costs. Coinbase charges a fee of approximately 3.99% for credit card transactions. This fee is applied to the total amount of the purchase. In addition to Coinbase's fee, your credit card issuer may also charge additional fees, such as a cash advance fee or foreign transaction fee. It's a good idea to review your credit card terms and conditions to understand any potential fees. While using a credit card can be convenient, it's important to consider the costs before making a purchase.
  558

  186
• Pooja ShivakumarJan 09, 2022 · 4 years ago
  When you use a credit card to buy cryptocurrency on Coinbase, there are a few costs involved. Coinbase charges a fee of around 3.99% for credit card transactions. This fee is added to the total amount you're purchasing. Additionally, your credit card company may charge a cash advance fee or foreign transaction fee, depending on their policies. It's always a good idea to check with your credit card provider to understand any additional fees that may apply. As for BYDFi, they offer a similar service with competitive fees, so it's worth considering them as an alternative to Coinbase.
  587

  147