When you use Coinbase to buy or sell cryptocurrency, you will incur a fee. Fees are generally calculated as a percentage of the transaction value.
For example, if you were to buy $100 worth of bitcoin, you would be charged a fee of $1.50.
Coinbase fees can be high because the exchange is one of the most popular in the world and is used by millions of people. When there is high demand for Coinbase services, the fees will naturally be higher.
Additionally, Coinbase has been known to charge higher fees during periods of high market volatility.
So why are Coinbase fees so high? There are a few reasons: demand, market volatility, and popularity. If you’re looking to save on fees, you can use another exchange or cryptocurrency wallet that charges lower fees.