Coinbase to update exchange fee schedule

Quick Take

  • Coinbase is updating the tier structure and rates on its exchange fee schedule for Coinbase Exchange, Pro and Advanced Trade.

  • The new fee structure better incentivizes higher-volume traders.

Coinbase announced on Monday that it will release a new fee schedule around 5 p.m EST on Sept. 20, adjusting tiers and changing the taker and maker fee structure for transaction tiers above $100,000-$1 million.

The new structure accounts “for changes in global crypto trading volumes and asset prices, lowering the monthly trading volume required to qualify for the mid and upper tiers of our fee schedule,” Coinbase said, adding that it would be implemented on Coinbase Exchange, Pro and Advanced Trade.

The new fee schedule is as follows:

While tiers below $100,000-$1million remain unchanged — in contrast to Coinbase’s current exchange fee structure shown below — the new fees offer better incentives for higher-volume traders.

Coinbase said it will continue to base calculations for volume tiers on trailing 30-day volume.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Jeremy Nation is a Senior Reporter at The Block covering the greater blockchain ecosystem. Prior to joining The Block, Jeremy worked as a product content specialist at Bullish and He also served as a reporter for ETHNews. Follow him on Twitter @ETH_Nation.