TL;DR: We’re making it possible for high volume traders from other exchanges with over $500K in monthly trading volume to fast-track to lower fee tiers and pay as low as 0.0% maker fees on spot trades on Coinbase Advanced.
We know that fees are one of the most important factors when it comes to selecting and trading on a crypto exchange. To better serve advanced traders, we are establishing a new fee tier upgrade program for Coinbase Advanced. VIP and high volume traders who use other crypto exchanges can now get upgraded to lower fee tiers by providing proof of their trading volume, allowing them to trade with lower fees on Coinbase Advanced from the start.
A new, faster way to reach lower competitive fee tiers
Coinbase Advanced will continue to use a maker-taker fee model, and traders will continue to enjoy 0.0% maker fees for 22 stable pairs. There are still no spread fees and no subscription fees to trade on Coinbase Advanced.
Starting today, traders can fast track to as low as 0.0% maker fees by providing proof of over $500K in monthly trading volume on another exchange. To apply, traders can select their current crypto exchange and upload a screenshot of their recent trading volume. Qualified traders will be upgraded to a fee tier with lower fees than they were paying at their current exchange within five business days. Upgraded traders will maintain this lower fee for 60 days, and then their monthly trading volume on Coinbase will determine their ongoing fee tier. For example, traders with between $1M and $15M of trading volume may qualify for maker fees of .07%¹
During the 60 day period, those qualified will also enjoy complimentary premium customer support, ensuring timely assistance for inquiries and trading needs.
Apply now to fast track to lower fees:
Interested traders can apply for the fee upgrade from their Coinbase account by submitting their proof of volume. Proof must clearly identify full name or email, last 30 day trading volume, and current VIP status at their current exchange(s).
Coinbase Advanced offers transparent and competitive volume-based fees. Traders can always see their current fees by logging in to the fees page. With 500+ spot pairs, derivatives trading, and up to 5.1% USDC rewards, we're making it easier and more rewarding for high volume traders from other crypto exchanges to start trading on Coinbase Advanced.³
Coinbase Advanced is the advanced trading platform offered by Coinbase. To start trading, toggle to Coinbase Advanced from Coinbase on the web or in the mobile app. To learn more about Coinbase Advanced, check out the tips and tutorials on Coinbase Learn, and follow us on Twitter for the latest updates. To join the Coinbase Advanced Customer Council and provide direct feedback to our Product team with early access to beta features, please email advancedcouncil@coinbase.com.
Please note, fees for futures trading through Coinbase Financial Markets are separate and not included in Coinbase Advanced fee tiers.²
Disclaimers:
Coinbase offers simple and advanced trading in eligible jurisdictions. Advanced trading is for experienced traders and is subject to the Trading Rules. Fees on the two platforms vary. Content is for informational purposes and not investment advice. Investing in crypto comes with risk. Please carefully consider whether trading or holding cryptocurrencies is suitable for you given your financial situation.
¹ For some users, fees may vary from those shown here. All users will be able to review estimated fees, prior to placing an order.
² Eligible US traders pay an introductory fee of 0.05% per futures contract (subject to change). Fees are per contract, per side and include relevant exchange and NFA fees with a minimum fee of $0.20. Liquidation fees are 80 bps per transaction.
³ Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and may vary by region. Please check the latest list of eligible regions here. Coinbase One customers may be entitled to higher rates, please check your account to see the latest rate. All customers will be able to see the latest applicable rates directly within their accounts.
US Futures products and services on Coinbase Advanced are offered by Coinbase Financial Markets, a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets.
About Lisa Mohanty
Lisa Mohanty is a Senior Product Manager at Coinbase Advanced, focusing on improving core features and developer experience for Advanced Traders worldwide. Before joining Coinbase, Lisa worked as a Product leader at Amazon Alexa helping launch consumer products like Echo Show and Alexa Gadgets. She holds Masters in Business Administration from University of Illinios Urbana-Champaign, and a Bachelors of Computer Science from Amrita University, India.
If you have questions and feedback on Coinbase Advanced, we would love to hear from you – Lisa’s DMs are open!
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Dec 4, 2024