#COINBASE TICKER SERIES#

Maker/taker fees are common on most crypto exchanges. You don’t get to see the fee you’ll pay until you’re about to submit the trade.Ĭoinbases spread fees typically run around 0.5%.įor Coinbase’s Advanced Trade users, the company charges a much simpler maker/taker fee on all transactions. You don’t pay maker/taker fees or a flat fee, but a spread fee that temporarily locks in the price for the transaction. The basic Coinbase platform has an extremely convoluted fee structure. Coinbase has an easy-to-use platform, but a complicated fee structure. The company went public in April 2021, and since then has maintained its spot in the public eye. That’s a sizable cut compared with other leading crypto exchanges.Ĭoinbase is one of the mainstays in the crypto landscape. The biggest drawback is that the fee structure for Coinbase’s basic version is relatively complex.įees aren’t published in advance, as they are are “spread fees.” That means they are calculated at the time you place your order, and may be determined by a combination of factors, such as location, payment method, order size and market conditions.Ī downside for more advanced users is that although Coinbase offers staking on its platform, it charges a 25% commission on yields. The other two wallets are the Coinbase dApp Wallet as well as storage available via Coinbase Exchange itself, which is the exchange’s “default wallet.” Coinbase’s Disadvantages The Coinbase Wallet is the exchange’s hot wallet product, and it claims to support “hundreds of thousands” of crypto assets. In fact, Coinbase offers users three different crypto wallets. In addition to an online help center and chat system, Coinbase also offers live phone support, a feature conspicuously absent from many cryptocurrency exchanges.Īs far as storage goes, there are numerous options for users to stash the keys to their crypto. One of Coinbase’s best features is its customer support. Staking is when a cryptocurrency is locked up on an exchange-usually for proof-of-stake validation-that allows the crypto owner to earn a yield.

#COINBASE TICKER SERIES#

A series of video classes and exams allows beginners to learn more about various cryptocurrencies while earning rewards. With an account minimum of only $2, it’s easy to get started as a Coinbase user, making it a good place to start for beginners.Ĭoinbase encourages beginning crypto traders to learn more about their investments with the platform’s “earn while you learn” program. The Coinbase platform is a good place for traders with experience to land. Coinbase offers good options for both beginner and advanced traders.

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