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Home/Bitcoin/What is Coinbase and how much does it cost to use?

What is Coinbase and how much does it cost to use?

Coinbase is a secure online bitcoin exchange for buying, selling, sending, receiving, and storing bitcoin. Coinbase is different from other bitcoin services in several ways:

Sending or receiving bitcoin between online wallets, friends, or merchants on Coinbase is free!*

Just a 1% fee for each transfer from bitcoin to your local currency ($, €, £) or from your local currency to bitcoin.** 

We make buying and selling bitcoin easy.

We handle security and backups so you don’t have to worry!

We are a “one stop shop” – we offer a wallet, an exchange, and merchant tools with one simple interface.

Coinbase is a platform on which many bitcoin applications are being built using our API.

* User is responsible for miner’s fee on external transactions less than 0.0003 BTC. Sending between Coinbase users is always free.
** Minimum fee of $0.15. Incoming wire fee is $10. Wire withdrawal fee is $25. For Canadian users, there is a $1 fee on all CAD deposits and withdrawals. A 3% convenience charge is assessed on purchases using credit and debit cards.

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