Optimize your transaction fees on Coinbase with Coinbase Pro

Introduction to Coinbase ecosystem

Coinbase remains one of the best leading platforms in cryptocurrencies. Adapted for different levels of users (beginners and seasoned), the exchange reaches all audiences. Moreover, Coinbase has a strong will to align itself with the financial and legal standards necessary for the expansion of a large company. Like its recent entry into the US stock market.

Coinbase has two main exchanges: Coinbase and Coinbase Pro. On these exchanges, you will be able to trade many cryptocurrencies such as Bitcoin or Ethereum.

However, fees are high, therefore this article will explain to you how to transfer your funds between Coinbase and Coinbase Pro with the objective to reduce your transaction fees.

You, users, can follow our guide if you want to learn more about the exchange, you can find it right here.

Summary of the fees between Coinbase and Coinbase Pro

The fees differ a lot from one platform to another, Coinbase Pro saves you a good amount of fees at each payment, but you have to optimize your transactions.

Here is a table summarizing the different fees between Coinbase and Coinbase Pro. Each line corresponds to a cryptocurrency transaction on different markets. These fees are always expressed as percentages, as it does not depend on the amount of money traded.


Coinbase Coinbase Pro
Average*** 6.25% 0.2600%
Spot Maker Max 10.50% 0.5000%
Spot Taker Max 10.50% 0.5000%
Spot Maker Min 2.0000% 0.0000%
Spot Taker Min 2.0000% 0.0400%
Spot Maker Token Max 10.5000% 0.5000%
Spot Taker Token Max 10.5000% 0.5000%
Spot Maker Token Min 2.0000% 0.0000%
Spot Taker Token Min 2.0000% 0.0400%
Spot Maker Token Parrainage Max 10.5000% 0.5000%
Spot Taker Token Parrainage Max 10.5000% 0.5000%
Spot Maker Token Parrainage Min 2.0000% 0.0000%
Spot Taker Token Parrainage Min 2.0000% 0.0400%

As you can see, you can save up to 10% in spot fees, which is far from negligible.
Imagine if you had $1,000 in your Coinbase portfolio, you would lose at least $20 in fees by buying in the spot market at the current rate.

By following our guide and placing your cryptocurrencies on Coinbase Pro, you can reduce these fees down to 0%.

Table of Coinbase Pro fees

Coibase Pro fees table with taker fee, marker fee, all depending on the pricing tier Coibase Pro fees table with taker fee, marker fee, all depending on the pricing tier

How your Coinbase and Coinbase Pro wallets work

Although your Coinbase and Coinbase Pro accounts are linked, your wallet is not shared between the two platforms. This means that each transaction, buying or selling cryptocurrencies like Bitcoin, will be independent to each exchange.

It works the same way on the Binance platform. If you are familiar with it, you know that your wallet is not common for each feature of the exchange such as the cryptocurrency market, futures contracts, mining wallet, etc.

For each transaction, banking or crypto, that you make to your portfolio on the Coinbase platform, sending money is independent. It is therefore very important to manage each transfer well to optimize the fee.

Please follow this quick guide to learn how to manage your wallet.

Transfer your money from your Coinbase wallet to Coinbase Pro

  • Step 1: Before all, you must go to the crypto trading page on Coinbase Pro, just click here.
  • Step 2: For this second step, you must click on the “Deposit” button right below your cryptocurrency balance at the top left.
Transfer money from Coinbase to Coinbase Pro wallet through the Coinbase interface Transfer money from Coinbase to Coinbase Pro wallet through the Coinbase interface
  • Step 3: Now, you must select the cryptocurrency that you want to transfer, Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). You can also select a fiat currency (USD) before confirming your choice.
List of crypto currencies you can deposit on your Coinbase wallet List of crypto currencies you can deposit on your Coinbase wallet
  • Step 4: To confirm, select your Coinbase account. You will see that the crypto transfer, whatever the amount, will be done instantly.
Select the wallet you want to transfer your assets on Coinbase Select the wallet you want to transfer your assets on Coinbase
  • Step 5: Choose the amount that you want to transfer. Verify that the transfer information is correct and that the withdraw and deposit wallets are correct, then click on “Deposit” to confirm. In our example, we transfer 100 Bitcoin (BTC) on our Coinbase Pro wallet.
Make a deposit on Coinbase Make a deposit on Coinbase

Congratulations, you have transferred your funds from your Coinbase to your Coinbase Pro wallet. As you previously have noticed thanks to the table on fees comparisons, this manipulation can save you money with each purchase of a cryptocurrency.

Transfer your money from your Coinbase Pro wallet to Coinbase

  • Step 1: To start, you must go to the crypto trading page on Coinbase Pro, just click here.
  • Step 2: At this stage, you must click on the “Withdraw” button right below your crypto balance at the top left.
Transfer money from Coinbase to Coinbase Pro wallet through the Cooinbase interface Transfer money from Coinbase to Coinbase Pro wallet through the Cooinbase interface
  • Step 3: From now on, you must select the cryptocurrency you want to transfer, Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC). You can also select a fiat currency (USD) before confirming your choice.
List of crypto currencies you can deposit on your Coinbase wallet List of crypto currencies you can deposit on your Coinbase wallet
  • Step 4:  To confirm, select your Coinbase account. You will see that the crypto transfer, whatever the amount, will be done instantly.
Select the wallet you want to transfer your assets on Coinbase Select the wallet you want to transfer your assets on Coinbase
  • Step 5: Choose the amount that you want to transfer. Verify that the transfer information is correct and that the withdraw and deposit wallets are correct, then click on “Withdraw” to confirm. In our example, we transfer 100 Bitcoin (BTC) on our Coinbase wallet.
Make a withdrawal on Coinbase Make a withdrawal on Coinbase

Perfect, you have transferred your cryptocurrencies on your Coinbase account. This allows you to gather your cryptocurrencies on the main trading platform if you need them.

Do not forget that the money transfer is limited to a certain amount per day on your Coinbase Pro account, if needed you can increase this amount on the limit page in your profile. You can click right here to access it.

Conclusion

Coinbase and its ecosystem have no secrets for you anymore. You know how to transfer your cryptocurrencies from one wallet to another, on every platform. Your Coinbase and Coinbase Pro accounts are very easy to handle if you follow our tutorials. If you are a bit lost, you can find the Coinbase tutorial by clicking here and the Coinbase Pro tutorial by clicking here.

All you have to do is continue the crypto journey by buying your first Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC) at the best price. To further reduce your fees, we advise you to always select bank wire transfer over credit card payment.

Of course, every exchange has its advantages, Coinbase offers you a complete solution and one of the smoothest user experiences.

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