QUESTION
What are the differences in fees between Crypto.com and Coinbase?
ANSWER
Crypto.com and Coinbase both offer a variety of fee structures that can differ significantly depending on the transaction type, payment method, and services used. Crypto.com generally offers lower trading fees, with maker-taker fees ranging from 0.04% to 0.20%, which can be further reduced by holding its native CRO tokens. In contrast, Coinbase's fees tend to be higher, with a base rate of 4% for all transactions, though this can vary based on location, payment method, and other factors. Additionally, Coinbase applies a spread of about 0.50% for cryptocurrency purchases and sales. Both platforms also charge various additional fees such as withdrawal fees and currency conversion fees. Users should closely review each platform's most updated fee schedules as these rates are subject to change and may include various nuances or discounts based on volume or other criteria.
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