![]() This includes reports on your historical transactions. The Coinbase dashboard is also really useful for viewing your account history. When you go into the settings page, you can amend the portfolio view so that it shows your chosen cryptocurrencies, and you can extend the 24-hour increase/decrease stats to a longer period. This includes the current price in your local currency, and what percentage the coin has increased or decreased over the past 24 hours. You also have the option to view your portfolio of cryptocurrencies in a really simple way. As you’ll see from the above screenshot, the platform is really crisp, which makes it easy to navigate through all of the different dashboard options. At the top of the screen, you’ll have the option to a buy bitcoin or sell it, view your account, access additional trading tools, and amend your settings. When you first log in to the site, you’ll instantly be presented with the main dashboard. Although the exchange is perfectly suitable for those that have lots of trading experience, it’s also great for beginners. One of the best features of Coinbase is that the platform is super easy to use. This is hugely important, as otherwise, you are going to have your trading profits eaten away by transaction fees. On the contrary, some cryptocurrency platforms charge just a fraction of this, and trading fees are instead built into really tight spreads. While at least cheaper than VirWoX, this is even more expensive than Coinjar and Coinfloor, which at 1% and 0.3%, respectively, are well-known for being costly exchanges. Moreover, these trading fees make frequent trading completely unviable. This is really expensive, and actually makes Coinbase one of the most expensive cryptocurrency exchanges for buying and selling coins. Moving forward, if you then decided to sell your Bitcoin back to USD, then you would have to pay the 1.49% transaction fee again. For example, if you want to purchase $1,000 worth of Bitcoin using your debit card, you will pay $14.49 (on top of the deposit fee charge). ![]() This rate is determined based on the current pricing tier, which can be viewed here.įor stable pairs, taker fee is 0.01% and maker fee is 0.00%.Īll Coinbase trading fees amount to 1.49% of the total transaction amount.
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