The short answer is yes. Coinbase Pro is cheaper than buying Bitcoin on Coinbase.
Here’s a more detailed breakdown:
Coinbase charges a 1.49% fee for buying Bitcoin.
Coinbase Pro charges a 0.50% fee for buying Bitcoin.
So, if you buy $100 worth of Bitcoin on Coinbase, you’ll pay a $1.49 fee.
NOTE: WARNING: Before buying Bitcoin on Coinbase Pro, make sure you understand the risks associated with cryptocurrency trading. Cryptocurrencies are highly volatile and can go up or down in value very quickly. You should never invest more than you are willing to lose, as cryptocurrency prices can be extremely unpredictable and there is no guarantee of returns. Additionally, Coinbase Pro requires a certain level of technical knowledge to use properly and safely, so it is advisable to do research and familiarize yourself with the platform before using it.
If you buy the same amount on Coinbase Pro, you’ll pay a $0.50 fee.
In other words, Coinbase Pro is 75% cheaper than Coinbase.
Why is Coinbase Pro cheaper?
Coinbase Pro is cheaper because it’s geared towards traders and investors who want to buy large amounts of Bitcoin. As such, it has lower fees than Coinbase, which is geared towards retail investors who want to buy small amounts of Bitcoin.
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