The Ultimate Guide to Coinbase Fees

coinbase fees

This page covers everything you need to know about how Coinbase’s fees work.

It’s definitely not straightforward, so that’s why we’ve made it really simple to understand with this in-depth guide!


Coinbase services all players in the cryptocurrency space, from beginner investors to institutions. It was their over-the-counter (OTC) desk that brokered Tesla’s $1.5 billion purchase of Bitcoin.

Coinbase Pro is targeted to advanced retail traders and offers different fees to the simpler interface.

stock market prices

Having collected over $2 billion in fees alone since its inception, you may be wondering how high Coinbase’s fees are for buying, selling, and converting between cryptocurrencies. If so, you’ve come to the right place.

In this in-depth guide, we’ll break down the fees and uncover the secrets that will help you to fully understand and minimize the costs of trading on Coinbase.

Buying Fees

Coinbase charges a fee for every purchase you make. The exact amount varies depending on the payment method used and the amount purchased.

coinbase app purchase

For smaller purchases, the following fees apply.

Amount Fees
Less than or equal to $10 CAD$0.99
More than $10 but less than $25 CAD$1.49
More than $25 but less than $50 CAD$1.99
More than $50 but less than $200 CAD$2.99

These flat fees make buying small amounts of crypto on Coinbase quite expensive.

For example, on a $51 transaction, you’ll pay $2.99 in fees. That’s nearly 6%!

If you’re an investor looking to DCA (dollar cost average) a small amount into crypto every paycheck, you’ll end up losing a sizeable chunk of your money to fees.

While you may be willing to pay a 6% fee at the time of purchase, keep in mind the effect that appreciation in the price of Bitcoin will have on this loss of purchasing power.

hand stacking coins

A 6% fee paid on a $100 investment when the price of Bitcoin is at $5,000 works out to $6.00 of purchasing power lost. But when Bitcoin hits $50,000, that $6.00 loss becomes $60.00! As you can see, minimizing fees now is important for maximizing your future returns.

One way to do this on Coinbase is to buy larger amounts. This way, you can take advantage of Coinbase’s (slightly) reduced fees for purchases over $200.

Country/Region Payment Method Funds Available Currency Fees
Australia Debit/Credit Card Instant AUD 3.99%
Canada Debit/Credit Card Instant CAD 3.99%
Chile Debit/Credit Card Instant CLP 3.99%
Europe SEPA Transfer 1-3 days EUR 1.49%
Debit/Credit Card Instant EUR 3.99%
Mexico Debit/Credit Card Instant MXN 3.99%
Singapore Debit/Credit Card Instant SGD 3.99%
Xfers Transfer Instant SGD 1.49%
UK Debit/Credit Card Instant GBP 3.99%
SEPA Transfer or Faster Payments Instant GBP 1.49%
USA Bank Transfer 5-7 days USD 1.49%
Debit/Credit Card Instant USD 3.99%
Coinbase USD Balance Instant USD 1.49%

4% is still a relatively high price to pay for the convenience of instant Bitcoin purchases. It means that you’ll receive $96 of crypto for every $100 you spend.

As you can see, it’s quite a bit cheaper to deposit fiat currency via a SEPA or ACH transfer and then use this balance to buy Bitcoin. This way, you’ll only pay 1.49%.

The good news is that the exact fee you’ll pay for buying Bitcoin on Coinbase is always visible before you make your purchase.

Selling Fees

The fees outlined above apply to selling cryptocurrency on Coinbase too. You’ll pay a 3.99% fee for selling to a debit or credit card, and 1.49% for selling to your Coinbase fiat balance.

coinbase bitcoin convert

Conversion Fees

Converting between cryptocurrencies is possible on Coinbase. Doing a direct conversion means you avoid paying fees twice, when selling to fiat and when buying back into a crypto-asset.

You’ll still have to pay fees, though.

Coinbase charges a spread margin of up to two percent (2.00%) for cryptocurrency conversions. The actual spread margin charged varies due to market fluctuations in the price of cryptocurrency on Coinbase Pro between the time we quote a price and the time when the order executes. We do not charge a separate Coinbase Fee for cryptocurrency conversions.

Withdrawal Fees

Withdrawals from Coinbase are subject to fees, whether you’re taking out crypto or fiat currency.

Withdrawing Fiat

Instant card withdrawals in the US will cost you up to 1.5% plus a minimum fee of $0.55. ACH transfers are free, while withdrawing USD via a wire transfer will incur a $25 fee.

Withdrawing fiat via SEPA transfer in the EU or UK will cost you a flat €0.15.

In Canada, PayPal withdrawals will cost you a flat 1%.

Withdrawing Crypto

Taking your crypto out of Coinbase will also cost you a small fee. This ranges from between $1.00-$5.00 for BTC, to generally less than $1.00 for other cryptocurrencies.

This fee will vary based on network congestion at the time you initiate your withdrawal.

neon rendering of cryptocurrencies

Coinbase Pro - An Essential Service

Coinbase Pro is a full-featured trading platform.

coinbase pro dashboard

Coinbase Pro has lower fees than the simpler interface, the ability to set limit, market and stop-loss orders, as well as a slick design.

Originally called GDAX (Global Digital Asset eXchange), Coinbase rebranded its top-tier offering in 2018. In addition to trading tools geared toward intermediate to advanced traders, Coinbase Pro offers API integration for automated trading.

Another benefit is the fact that Coinbase Pro supports same-day wire transfers, meaning that as long as you submit the transfer before the cut-off time (usually 2pm) you can trade with your money straight away. Note that this will incur a $10 fee on top of any fees your bank charges.

To see if it’s the right exchange for you, check out our full review of Coinbase Pro.

But we’re here to look at the exchange’s fees.

Luckily, Coinbase Pro’s fees are much lower than the regular interface’s, as alluded to by Coinbase CEO Brian Armstrong in a recent Reddit AMA.

We have a couple of different products at Coinbase, and we did that as part of our culture of repeatable innovation. We wanted to keep building more and more pieces of the crypto economy infrastructure. One of those turned out to be Coinbase Pro and it had a different fee structure and you're right, it's not a very well kept secret. We're trying to advertise that, in fact, if people want to go do more professional trading, they can get different fees there.

Coinbase Pro’s fees are calculated somewhat differently to the way the basic exchange does it.

Your fees based on two factors:

  1. The volume you've traded over the previous 30 day rolling period
  2. Whether you're executing a *maker* or *taker* order

*Maker orders* are limit orders that are posted to the order book. E.g. the price of Bitcoin is $40,000, and you submit a buy order for $39,950 or a sell order for $40,050. Neither of these will execute instantly, instead they sit on the book and add liquidity, *making the market*.

*Taker orders* are also known as market orders. They generally execute instantly, as they *take* available liquidity from the market. By executing a taker order you are fulfilling someone else's maker order.

30-Day Volume (USD) Taker Fee Maker Fee
Up to $10K 0.50% 0.50%
$10K - $50K 0.35% 0.35%
$50K - $100K 0.25% 0.15%
$100K - $1M 0.20% 0.10%
$1M - $10M 0.18% 0.08%
$10M - $50M 0.15% 0.05%
$50M - $100M 0.10% 0.00%
$100M - $300M 0.07% 0.00%
$300M - $500M 0.05% 0.00%
$500M - $1B 0.04% 0.00%
$1B+ 0.04% 0.00%

As you can see, trading more than $50M in any 30-day rolling period entitles you to free maker orders.

Still, the base rate of 0.50% for maker and taker orders is much more favorable than what you’ll get on Coinbase’s default platform. In fact, it’s one-third of the 1.49% that you’ll pay for purchases with a bank transfer or your fiat balance, and one-eighth of the fee for purchases with a debit or credit card. That’s up to an 87% saving!

Deposit and withdrawal fees for Coinbase Pro range from free – for ACH transfers – to $25 for withdrawing via wire transfer.

Deposit Fee Withdrawal Fee
ACH Free Free
Wire (USD) $10 USD $25 USD
SEPA (EUR) €0.15 EUR €0.15 EUR
Swift (GBP) Free £1 GBP

How Do Coinbase’s Fees Compare to Other Exchanges?

Coinbase may be one of the most popular cryptocurrency exchanges, but there are alternatives.


Kraken is another San Francisco based cryptocurrency exchange, making it a direct competitor to Coinbase.

Kraken charges similar fees to Coinbase for debit or credit card purchases. Each transaction incurs a 3.75% plus €0.25 fee. Currently, only purchases in Euros are available via card.

Deposits via ACH or wire transfer incur a 1.7% + $0.10 fee. This makes it slightly more expensive than Coinbase.

Purchases of stablecoins - USDT, USDC, and DAI - with USD incur a 0.9% fee.

Kraken Trade - the exchange’s intermediate to advanced offering - charges the following fees, which are similar to Coinbase Pro’s fee schedule.

30-Day Volume (USD) Taker Fee Maker Fee
0 - 100,000 0.0500% 0.0200%
100,001 - 1,000,000 0.0400% 0.0150%
1,000,001 - 5,000,000 0.0300% 0.0125%
5,000,001 - 10,000,000 0.0250% 0.0100%
10,000,001 - 20,000,000 0.0200% 0.0075%
20,000,001 - 50,000,000 0.0150% 0.0050%
50,000,001 - 100,000,000 0.0125% 0.0025%
100,000,001 + 0.0100% 0.0000%


Gemini is the other large, U.S. based exchange that acts as a direct competitor to Coinbase. Gemini’s product offering is more geared towards institutions, which is reflected in the Active Trader fee schedule below that goes up to $500.0M per 30-day period.

But Gemini also offers its services to retail investors. The fees you’ll pay are as follows:

Order Amount Transaction Fee
≤ $10.00 $0.99
> $10.00 but ≤ $25.00 $1.49
> $25.00 but ≤ $50.00 $1.99
> $50.00 but ≤ $200.00 $2.99
> $200.00 1.49%

These fees beat Coinbase’s, especially on smaller transactions.

Active Trader is Gemini’s answer to Coinbase Pro. On Active Trader, you’ll pay the following fees based on your trading volume.

30-Day Volume (USD) Taker Fee Maker Fee
$0-$500,000 0.35% 0.25%
$500,000-$2.5M 0.25% 0.15%
$2.5M-$5.0M 0.15% 0.10%
$5.0M-$15.0M 0.20% 0.10%
$15.0M-$50.0M 0.10% 0.00%
$50.0M-$100.0M 0.075% 0.00%
$100.0M-$250.0M 0.05% 0.00%
$250.0M-$500.0M 0.04% 0.00%
>$500.0M 0.03% 0.00%


Binance shot up the ranks to become the number one crypto exchange in the world by volume traded just a few years after its launch. It did this, in part, by offering extremely low fees.

There are no fees for depositing fiat currency via SWIFT or SEPA transfer, meaning you’ll have the full amount you deposited to trade with.

Debit/credit card purchases (in supported countries) incur a 1.8% fee.

The following fees apply for trading on Binance, whether it’s BTC/USD, BTC/ETH, or any other altcoins.

30d Trade Volume (BTC) &/or BNB Balance Maker / Taker
< 50 BTC or ≥ 0 BNB 0.10% / 0.10%
≥ 50 BTC & ≥ 50 BNB 0.09% / 0.10%
≥ 500 BTC & ≥ 200 BNB 0.08% / 0.10%
≥ 1500 BTC & ≥ 500 BNB 0.07% / 0.10%
≥ 4500 BTC & ≥ 1000 BNB 0.07% / 0.09%
≥ 10000 BTC & ≥ 2000 BNB 0.06% / 0.08%
≥ 20000 BTC & ≥ 3500 BNB 0.05% / 0.07%
≥ 40000 BTC & ≥ 6000 BNB 0.04% / 0.06%
≥ 80000 BTC & ≥ 9000 BNB 0.03% / 0.05%
≥ 150000 BTC & ≥ 11000 BNB 0.02% / 0.04%

As you can see, at the first fee tier (where most users are likely to fall) Binance is 5x cheaper than Coinbase Pro, half the cost of Kraken, and one third of Gemini.

If you’re trading huge amounts, you might be put off by the fact that Binance does not offer fee-free trading, unlike Gemini, Kraken, and Coinbase Pro. Yet at those position sizes, slippage becomes extremely important and the volume on Binance is likely to be what you need to combat this.

The Bottom Line

If you’re an active trader, fees are of primary importance. You pay fees on all trades, regardless of whether you profit or lose money on it.

In exchange for its smooth and simple interface, Coinbase charges high fees. On small purchases, these can be up to 6%. This will quickly eat into your purchasing power, especially if you have recurring buys of small amounts set up.

Bitcoin dissolving into bits

Spending over $200 per transaction will help you minimize these fees.

Converting between assets on Coinbase isn’t cheap either. You’ll pay up to a 2% spread, which is much more than the 0.1% you’d pay on Binance to exchange one crypto for another, 0.35% on Gemini or Kraken.

Coinbase Pro does cut down on the regular exchange’s fees quite a bit. Converting between cryptocurrencies will cost you 0.5%, much less than the standard interface’s 2% spread and much more in line with competing exchanges. However, the interface is a little more complicated and will require some getting used to for beginners.

Overall, Coinbase’s fees are one of the biggest reasons why not to use the exchange. At the very least, you should be fully aware of the price you’re paying to take advantage of the exchange’s convenience.

There are other options out there, a few of which we’ve covered in this article. Gemini, Kraken, and Binance all offer more attractive fees than Coinbase, more in line with Coinbase Pro’s fee schedule.

With Coinbase, you’re paying a premium to trade on an exchange that has facilitated some of the biggest purchases of Bitcoin in cryptocurrency’s history, that has never been (publicly) hacked, and that will be the first to debut as a public company. For some traders and investors this premium will be worth it, for others it won’t be. This guide has given you the comprehensive information you need to decide if Coinbase’s fees are right for you.