Coinbase will implement a new fee structure starting from September 21, Beijing time, which will reduce trading fees for some large customers
Chain Catcher news, Coinbase announced today that starting from 5 PM Eastern Time on September 20, 2022 (5 AM Beijing Time on September 21), it will implement a new fee structure to respond to changes in global crypto trading volume and asset prices, reducing the monthly trading volume required to qualify for mid-tier fees in the fee schedule. The new fee schedule will be implemented on Coinbase Exchange, Pro, and Advanced Trade.According to an analysis by Bloomberg, this adjustment in the fee structure may increase costs for some users, with some Coinbase clients whose monthly trading volume is between $15 million and $250 million potentially paying fees that are up to 2 basis points higher than the current plan. At the same time, this move lowers costs for some of the highest trading volume clients, with large clients whose monthly trading volume exceeds $250 million possibly seeing slightly lower fees. (Source link)