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Coinbase exchange was launched for U.S. customers in Coinbase was founded in June 2012 by Brian Armstrong, a former Airbnb engineer. and is now one of the top 15 cryptocurrency exchanges by trading volume, according to CoinMarketCap, a data and analytics company. Unlike several other exchanges, Coinbase is available in all 50 U.S. states (and more than 50 countries).
Coinbase has a simple interface for new crypto investors, while more experienced traders will appreciate its ActiveTrader platforms. You can find exchanges that charge fewer fees for crypto trades, but Coinbase safety measures and insurance against onches might ease the minds of those new to the cryptocurrency trading world.
Coinbase features you should know
Cryptocurrencies offered: Coinbase currently offers 33 cryptocurrencies for U.S. dollar trades, including popular cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum and Litecoin. (Want to learn more? Understand what cryptocurrencies are and how they work).
Trading minimums are dependent on the type of cryptocurrency: For Bitcoin, trades are a minimum of 0.00001 bitcoin; for Ethereum, 0.001 ethereum.
Crypto trading costs and transaction fees: For mobile and web app users, Coinbase charges a flat 0.5% above the current trading price (which Coinbase calls its “convenience feeâ€). On top of that, it charges a transaction fee similar to Coinbase based on the amount traded: a tiered flat fee up to $200; orders above $200 are charged 1.49%.
Unlike Coinbase, Coinbase doesn’t charge transaction fees for deposits from U.S. bank accounts or (although your bank might). For debit card purchases, Coinbase charges an additional 3.49% of the total purchase amount — a better price than the 3.99% Coinbase or 4.5% Binance.US charges for debit card purchases.
For more serious, high-volume crypto traders, Coinbase has a different rate structure based on 30-day dollar-volume of trades on its ActiveTrader platform. Rates also are based on liquidity of the asset at the time of purchase; if immediately available, you’re charged a “taker†fee, and if your order needs to wait for a buyer, you are charged a “maker†fee. The “auction†option allows the sale of blocks of cryptocurrency at a maximum buy price or minimum sell price.
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Coinbase Support Payroll Helper +. You can resolve the Coinbase Support payroll related issues or errors – you can seek Coinbase Support Payroll Support Service or Coinbase Support Certified ProAdvisors at + . Dial the toll-free Coinbase Support Onomer support service that is available round the clock.
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