BITCOIN, ETHEREUM FEES NOW FOR USERS TO PAY: COINBASE

Last updated: June 20, 2025, 00:02 | Written by: Erik Voorhees

Bitcoin, Ethereum Fees Now For Users To Pay: Coinbase
Bitcoin, Ethereum Fees Now For Users To Pay: Coinbase

Coinbase, a leading cryptocurrency exchange, has announced a significant update regarding transaction fees for Bitcoin and Ethereum, a move that has sent ripples through the crypto community. If you re swapping one crypto for another say Bitcoin for Ethereum Coinbase applies a 1% conversion fee, plus the spread. Deposit and Withdrawal. Crypto withdrawals: You ll pay network fees, estimated at the time of withdrawal depending on blockchain congestion. Coinbase Advanced: Fee Schedule Explained.Effective immediately, Coinbase users will be responsible for paying network fees, often referred to as miner fees, when sending Bitcoin and Ethereum. Valid for new users who make a cryptocurrency purchase on Coinbase. Limited while supplies last or Coinbase revokes this incentive at its sole discretion. Coinbase reserves the right to change the terms, eligibility criteria, and payouts for all incentives at any time, for any reason.This decision, cited by Coinbase as a necessary adjustment due to ""significant costs,"" marks a shift from their previous policy of absorbing these fees. The world s most trusted crypto platform. Buy, sell, and trade Bitcoin, Ethereum, and over 200 cryptocurrencies. Join millions of users worldwide.This change affects everyday users transacting in these popular cryptocurrencies, potentially impacting the overall cost of using the Coinbase platform.

This announcement coincides with a broader trend of fee adjustments within the crypto exchange landscape. Access 210 cryptocurrencies, including Bitcoin and Ethereum, and buy, sell, or convert instantly Download the Coinbase app Coinbase is available as a mobile app on iOS and Android.Understanding these changes, the reasons behind them, and strategies to minimize their impact is crucial for anyone actively involved in buying, selling, or transferring Bitcoin and Ethereum on Coinbase.This article provides a comprehensive overview of the new fee structure, explores the various types of fees associated with Coinbase, and offers practical tips to help you navigate the evolving world of cryptocurrency transaction costs. Futures Trading Fees (USD-M and Coin-M Futures): For USD-M and COIN-M Futures, regular users pay 0.02% for maker fees and 0.05% for taker fees. Traders with higher trading volume enjoy lower costs, with VIP 9 paying 0% maker and 0.017% taker fees.We will explore alternatives like Coinbase Advanced trading and ways to leverage different payment options to minimize the sting of these new fees.

Understanding the New Coinbase Bitcoin and Ethereum Fee Structure

The primary driver behind Coinbase's decision to charge users directly for Bitcoin and Ethereum network fees is the escalating cost associated with processing these transactions on their respective blockchains. When you send bitcoin from Coinbase via the Lightning Network, we will charge a processing fee equal to 0.2% of the amount of bitcoin transferred. When you add cash or cash out, you may be charged a fee depending on the payment method you select.These network fees are paid to miners or validators who maintain the blockchain and confirm transactions. In a nutshell, there is a fee for every digital currency transaction you make on Coinbase, whether you re buying or selling. One of the basic fees associated with crypto are buying fees. You can use fiat currency (like USD) to purchase cryptocurrency with Coinbase.As network congestion increases, these fees tend to rise, making it more expensive for Coinbase to cover them on behalf of its users.

Previously, Coinbase absorbed these fees, offering a simplified user experience.However, with the increasing popularity of Bitcoin and Ethereum, coupled with the inherent volatility of network fees, this model became unsustainable for the company.This new policy aims to create a more transparent and sustainable fee structure.

Key Takeaways:

  • Coinbase users now pay Bitcoin and Ethereum network fees directly.
  • The change is due to increasing costs associated with processing transactions.
  • This represents a shift towards greater fee transparency.

Breaking Down Coinbase Fees: A Comprehensive Guide

Coinbase employs a multi-faceted fee structure that covers various aspects of cryptocurrency trading, withdrawals, and deposits.Understanding these different fee types is essential for managing your costs effectively.Here’s a detailed breakdown:

Trading Fees

Trading fees are incurred when buying or selling cryptocurrency on the Coinbase platform. To turbocharge this feature for your users, we ve now integrated Apple Pay as a payment method. Coinbase Onramp doesn t charge fees for onramping USDC, a stablecoin issued by Circle that aims to maintain a 1:1 peg to the US dollar. Circle and Coinbase co-created USDC in 2025 and jointly managed the asset through the Centre ConsortiumThese fees can vary significantly depending on the specific service used.Regular Coinbase retail fees are relatively high.The platform charges commission fees plus spread, making the fees difficult to understand.

  • Coinbase Retail: Trading costs can reach 1.49% plus a 0.50% spread. When you're looking to invest in cryptocurrency, Coinbase is an appealing starting option. But if you start using Coinbase without digging any deeper, you might end up paying fees that can add up over time. For You: 7 Reasons You Should Consider a Financial Advisor - Even If You're Not Wealthy Coinbase fees can be somewhat complicated, especially for beginners. Multiple exchanges are builtInstant buys can cost up to 3.99%, making it one of the highest in the industry.
  • Coinbase Advanced: Offers significantly reduced rates, ranging from 0.00% to 0.60%.
  • Crypto Conversions: Swapping one cryptocurrency for another (e.g., Bitcoin for Ethereum) incurs a 1% conversion fee plus the spread.

Deposit and Withdrawal Fees

The fees associated with depositing and withdrawing funds can also vary depending on the method used.

  • Crypto Withdrawals: Users are responsible for paying network fees, which are estimated at the time of withdrawal based on blockchain congestion.
  • Fiat Currency Deposits/Withdrawals: UK users can transfer funds directly from their bank account to Coinbase for free.However, adding cash or cashing out may incur fees depending on the payment method selected.

Other Fees

Coinbase may also charge fees for other services, such as staking and using the Coinbase Card.

  • Staking Fees: Coinbase takes a 35% cut of staking rewards.
  • Coinbase Card: There are no Coinbase fees on card transactions or ATM withdrawals if the card is linked to your Coinbase Wallet. The best crypto wallets in 2025 are Best Wallet, Ledger, Trezor, Exodus, Zengo, Trust Wallet, MetaMask, Coinbase Wallet, Tangem, and Phantom. The best cryptocurrency wallet is a secure digital tool used to store, send, and receive cryptocurrencies safely.However, a currency conversion fee of 2.49% applies when spending crypto assets other than USD Coin (USDC). This new feature allows users in the EU, UK, and US to top up their MoonPay account in fiat currencies like euros, pounds and dollars for a smoother checkout experience. When you use your MoonPay Balance, you get to enjoy faster transactions, higher approval rates and zero-fee withdrawals when you decide to sell crypto for fiat.ATM operators may also impose their own withdrawal fees.

Minimizing Coinbase Fees: Practical Strategies for Savvy Users

While some fees are unavoidable, there are several strategies you can employ to minimize your overall costs on Coinbase:

  1. Use Coinbase Advanced Trading: This platform offers significantly lower fees than the standard Coinbase interface.While it may require a slightly steeper learning curve, the potential savings are substantial.
  2. Consider Coinbase One: If you are a frequent trader, the Coinbase One subscription may be worth considering. Coinbase Card Fees. If you use the Coinbase Card linked to your Coinbase Wallet, there are no Coinbase fees on card transactions or ATM withdrawals. However, currency conversion fees of 2.49% apply when spending crypto assets other than USD Coin (USDC). ATM operators may impose their own withdrawal fees. Coinbase One SubscriptionIt offers fee-free trading up to a certain limit and other benefits.
  3. Utilize Bank Transfers for Deposits and Withdrawals (Where Available): In regions like the UK, direct bank transfers are often free, providing a cost-effective way to move funds in and out of your Coinbase account.
  4. Use USDC for Spending on Coinbase Card: Since there are no currency conversion fees when spending USDC, consider using this stablecoin for your Coinbase Card transactions.
  5. Be Mindful of Network Congestion: When withdrawing Bitcoin or Ethereum, try to avoid times of high network congestion, as this can significantly increase network fees.

Exploring Coinbase Alternatives for Lower Fees

While Coinbase remains a popular choice for many, several alternative cryptocurrency exchanges offer lower fees. Coinbase users will have to pay miner fees themselves from Monday as the company says costs have become significant. Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.Exploring these options can help you reduce your overall trading costs. Coinbase commissions schedule, fees, Coinbase Pro crypto trading cost, annual and inactivity charges, and online investing account pricing. Coinbase applies numerous fees for a broad range of activities. Some services on Coinbase are free. There are no minimum balances or trading requirements at Coinbase.Here are some popular alternatives:

  • Binance: Known for its low fees, particularly when using BNB to pay for transactions. Introduction to Crypto Fees When trading cryptocurrency, the market price isn't the only cost. Fees can increase expenses and cut into profits, so understanding how they're calculated is key. Types of Crypto Fees Most crypto traders, users and owners encounter four main types of fees. Transaction fees: Transaction fees pay miners, stakers or validators for the essential blockchain maintenanceBinance's fee system starts at 0.1% for both makers and takers, which drops by 25% if you use BNB.
  • Kraken: Another reputable exchange with competitive fees and a wide range of cryptocurrencies.
  • Gemini: Offers a user-friendly platform and competitive fees, especially for active traders.
  • Coinbase Pay: This is a payment integration that will also soon be available to MetaMask users.

The Role of Gas Fees on the Ethereum Network

Understanding the concept of gas fees on the Ethereum network is crucial for anyone transacting in Ether or using decentralized applications (dApps). Get a complete breakdown of Coinbase fees for trading, withdrawals, and deposits, plus tips to reduce Coinbase fees in 2025.Gas fees are essentially the transaction fees paid to miners for processing transactions on the Ethereum blockchain.They are denominated in Gwei (a unit of Ether).The Ethereum Virtual Machine (EVM) is a large virtual computer that runs applications on the Ethereum blockchain. Summary: Coinbase retail fees are among the highest in the industry, with trading costs reaching 1.49% plus a 0.50% spread. Instant buys cost up to 3.99%, and staking fees take a 35% cut. For lower fees, Coinbase Advanced offers reduced rates from 0.00% to 0.60%.Because these applications use the Ethereum blockchain, users need to pay gas fees in gwei to conduct transactions on the chain.

Gas fees fluctuate based on network congestion. Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency.When the network is busy, demand for gas increases, driving up the price. Regular user accounts, which previously could only perform simple transactions, can now be temporarily converted into Smart Accounts. This allows users to execute multiple transactions simultaneously and even pay gas fees with different cryptocurrencies.This can make simple transactions, such as sending Ether, surprisingly expensive.

Strategies to Minimize Ethereum Gas Fees:

  • Time Your Transactions: Avoid transacting during peak hours when network congestion is high.
  • Adjust Gas Limits and Prices: Most wallets allow you to adjust the gas limit and price.Setting a lower gas price can save you money, but it may also result in your transaction taking longer to confirm.
  • Consider Layer-2 Solutions: Layer-2 scaling solutions, such as Optimism and Arbitrum, offer faster and cheaper transactions by processing them off the main Ethereum chain.

The Impact of Coinbase Fees on the Future of Cryptocurrency

Coinbase's decision to pass on Bitcoin and Ethereum network fees to users has broader implications for the cryptocurrency industry. Coinbase has announced it will charge users a fee to send both Bitcoin and Ethereum due to what it calls significant costs. In an update about its spring cleaning Wednesday, theIt highlights the challenges associated with scaling blockchain technology and the need for more efficient transaction processing methods.Other exchanges may follow suit in the future.

As the crypto space matures, we can expect to see continued innovation in fee structures and scaling solutions. What fees apply at Coinbase? With no fees or negative interest on accounts and deposits, a trading fee of 1.49 % and a minimum deposit of just 1, Coinbase offers unbeatable value for money. Learn more.The development of Layer-2 solutions, the adoption of more energy-efficient consensus mechanisms, and the emergence of new blockchain technologies will all play a role in shaping the future of cryptocurrency transaction fees.

Coinbase Pay and MoonPay: Streamlining Crypto Transactions

Coinbase is actively developing solutions to streamline crypto transactions and improve the user experience.Coinbase Pay is one such initiative, designed to simplify payments across various platforms. The fee system is simple and scales well. If you re making spot trades, you re looking at a base fee of 0.1% for both makers and takers. But here s the hack: use BNB to pay your fees, and that drops by 25%. You don t have to be a whale to benefit, and if you do trade more often, the fees keep getting smaller. Easy enough to keep more ofIt is available in Coinbase Wallet and Coinbase NFT, and will be rolled out to MetaMask's users. The Ethereum Virtual Machine (EVM) is a large virtual computer that runs applications on the Ethereum blockchain. Many decentralized applications, cryptocurrencies, and tokens have been created using the EVM. Because these applications use the Ethereum blockchain, users need to pay gas fees in gwei to conduct transactions on the chain.This feature allows users to execute multiple transactions simultaneously and pay gas fees with different cryptocurrencies.

Furthermore, Coinbase has partnered with MoonPay to enable users in the EU, UK, and US to top up their MoonPay accounts in fiat currencies, facilitating a smoother checkout experience.Using your MoonPay Balance offers faster transactions, higher approval rates, and zero-fee withdrawals when selling crypto for fiat.

Coinbase Wallet and Other Crypto Wallets: Secure Storage and Management

Choosing the right cryptocurrency wallet is essential for securing and managing your digital assets. Top up via your bank without paying fees UK users can transfer funds directly to Coinbase from their bank account for free. Deposits withdrawals Sell your crypto and withdraw to your bank. Trade 240 assets From Bitcoin, to Ethereum, to your favourite tokens.While Coinbase offers its own wallet, Coinbase Wallet, there are numerous other options available, each with its own strengths and weaknesses.

Some of the best crypto wallets in 2025 include:

  • Ledger: A hardware wallet known for its security.
  • Trezor: Another popular hardware wallet.
  • Exodus: A software wallet with a user-friendly interface.
  • Zengo: A keyless wallet that uses multi-party computation for security.
  • Trust Wallet: A mobile wallet with support for a wide range of cryptocurrencies.
  • MetaMask: A browser extension wallet popular for interacting with dApps.
  • Tangem: A hardware wallet in the form of a card.
  • Phantom: A wallet designed for the Solana blockchain.

Frequently Asked Questions (FAQs) About Coinbase Fees

What are the different types of fees on Coinbase?

Coinbase charges fees for trading (buying and selling), withdrawals, deposits (depending on the method), staking, and using the Coinbase Card.Trading fees vary depending on whether you use the standard Coinbase interface or Coinbase Advanced Trading.

How can I reduce my Coinbase fees?

Use Coinbase Advanced Trading for lower trading fees.If you trade frequently, consider a Coinbase One subscription.Utilize free bank transfers where available, and use USDC for Coinbase Card transactions to avoid currency conversion fees. Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. Something's not right We're looking into it and expect our usual service to return soon.Be mindful of network congestion when withdrawing Bitcoin and Ethereum.

Are there any free services on Coinbase?

Some services on Coinbase are free, such as topping up via bank transfer in the UK.Also, Coinbase Onramp doesn't charge fees for onramping USDC.There are no minimum balances or trading requirements.

What are network fees, and why do I have to pay them now?

Network fees, also known as miner fees, are paid to miners or validators for processing transactions on the blockchain.Coinbase is now charging users directly for these fees due to the increasing costs associated with processing Bitcoin and Ethereum transactions.

Is Coinbase still a good option for buying and selling crypto?

Coinbase is still a reputable and user-friendly platform, particularly for beginners. Coinbase Pay is available today in Coinbase Wallet and Coinbase NFT, and will be rolled out to MetaMask s 30 million users in the coming weeks. Web3 developers looking to integrate Coinbase Pay into their dapps can contact us to apply for access to the SDK.However, its fees can be higher than those of some competitors.By understanding the fee structure and utilizing strategies to minimize costs, you can still make Coinbase a viable option.Alternatively, consider exploring other exchanges with lower fees, such as Binance or Kraken.

Conclusion: Navigating the Evolving Landscape of Cryptocurrency Fees

The introduction of Bitcoin and Ethereum fees for Coinbase users signifies a shift in the cryptocurrency exchange landscape, emphasizing the growing importance of understanding and managing transaction costs.While this change may initially seem like a setback, it also presents an opportunity for users to become more informed and strategic in their approach to cryptocurrency transactions.By utilizing Coinbase Advanced Trading, exploring alternative exchanges, and being mindful of network congestion, you can effectively minimize your fees and maximize your returns.

As the cryptocurrency industry continues to evolve, staying informed about fee structures and technological advancements is crucial for success.Take the time to research different exchanges, experiment with various fee-saving strategies, and adapt to the ever-changing landscape of digital finance.By doing so, you can navigate the complexities of the crypto world with confidence and optimize your financial outcomes.Consider exploring the Coinbase Advanced Trading platform to take advantage of the significantly lower fees for an enhanced trading experience.

Erik Voorhees can be reached at [email protected].

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