Quote from: GreatArkansas on Today at 04:37:28 PM

Quote from: Goldson on Today at 04:28:23 PM

Quote from: Stalker22 on November 30, 2024, 10:59:55 PM

Transaction fees and trading commissions will eat up your entire balance. Its really not worth it for small purchases.

Do you know what coinbase will charge me?

Check these links from Coinbase:
Coinbase pricing and fees disclosures
Exchange fees

Im sorry I dont understand all that!

Well apart from the first 2 bits anyway

Coinbase offers our cash and Hosted Cryptocurrency balance service free of charge, allowing you to store your cash and supported cryptocurrency at no cost. You can transfer crypto from one Coinbase user's primary balance to another user's primary balance without any charges.
So there they are saying it is free to put money from your fiat currency funding source in

Network transaction fees

For transactions on cryptocurrency networks (i.e., transfers of cryptocurrency off the Coinbase platform), Coinbase incurs and pays network transaction fees (e.g., miner fees). When you send cryptocurrency from your Coinbase wallet to another wallet, we will charge a fee based on our estimate of the prevailing network fees for a stand alone wallet-to-wallet send. However, the final fee that Coinbase pays may differ from the estimated fee due to factors such as batching transactions or changes in network congestion levels. All fees are disclosed at the time of the transaction.
So they are saying they change a fee for transfering fees from your coinbase account to a wallet but dont tell you how much!

Adding cash and cashing out

When you add cash or cash out, you may be charged a fee depending on the payment method you select. It is important to review the fee details prior to completing the transaction to understand any associated charges.
But now they are saying they charge a fee to put money in and take out from your bank account