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Binance vs Coinbase – Crypto Platform Comparison

Binance and Coinbase are two of the most commonly used platforms to exchange crypto. Here we compare them in depth to see which one is the better crypto exchange for you.
Binance vs Coinbase
Binance vs Coinbase

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The two biggest cryptocurrency exchanges used to trade cryptocurrency from anywhere around the planet right now are Binance and Coinbase.

Brian Armstrong and Fred Ehrsam founded Coinbase in the year 2012, making it one of the initial exchanges on the market. regulated in the United States, it provides users access to several of the most popular cryptocurrencies being traded around today. A simple interface and the option to purchase cryptocurrency using a credit card or a bank account have made Coinbase one of the world’s most popular exchanges.

Changpeng Zhao, the brains of Binance, launched the company around five years later in 2017. As of this writing, it is the world’s largest cryptocurrency exchange in terms of trading volume. However, Binance had to create a new company called Binance US, exclusively for American customers since the service is offered across over 180 jurisdictions.

Both sites provide a wide variety of cryptocurrencies to choose from. Currently Coinbase supports around 120 different cryptocurrencies, while over 600 coins may now be traded on Binance’s platform and more coins are listed each month.

In order to help you pick which platform is best for you, we’ve taken a look at each platform’s currency support as well as its security and costs.

We also recommend eToro as it’s more regulated, and also fully open to the United States, whereas Binance has less coins available in the US. eToro also has copytrading unlike either Binance or Coinbase. Investors often open accounts on several different crypto platforms to take advantage of the varying features.

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Your capital is at risk.

Binance vs Coinbase Compared – Quick Overview

Coinbase Binance
Fees
  • Trading fees are based on the maker/taker model which determines amounts per trade. For stable pairs, maker / taker is 0.00% / 0.01%. Each transaction has a fee of 1.49% when trading FIAT to crypto and vice-versa.
  • Deposit fees vary according to payment method used; UK bank wire transfers + SWIFT payments + US ACH bank transfers are free, while US wire transfers have a flat rate of $10, €0.15 for SEPA and a rate of 3.99% per debit card deposit. Withdrawal fees are £1 for SWIFT + UK bank withdrawals, €0.15 for SEPA and the rest are free.
  • Trading fee depends,, starting from 0.1% up to 0.02% in maker fees and 0.1% – 0.04% in taker fees, according to trading volume on a 30 day interval in BTC, and BNB holdings.
  • Deposits through bank accounts are free outside the US and $15 is charged per US wire transfer. Debit and credit card transactions carry a rate of 3.5% with a minimum of $10.
Key Platform Features
  • Supports hundreds of different cryptocurrencies and is known to have a bigger selection than most trading platforms.
  • Coinbase pro – a more advanced U.I. with tons more information and opportunities for more proficient traders.
  • Handy mobile app featured with all the information that can be found on the browser app.
  • Features the option to open a wallet for you, while also leaving you the option to link exchange with your own personal wallet like metamask.
  • Supports over 600 coins to trade from around the world, but the US version is limited to around 60.
Security Features
  • Two-factor authentication (2FA) when you log in.
  • Google Authenticator link-up.
  • Delayed withdrawal lock.
  • Email confirmation when logging in from a new device.
  • FDIC insurance up to $250,000 (when funds are stored in a USD wallet).
  • Multi-signature logins.
  • 98% of coins are held in cold storage.
  • Two-factor authentication is supported, including hardware, app and SMS/email-based approaches.

Advanced access control capabilities include;

 

  • IP and wallet address whitelisting,
  • API access control,
  • device management,

all of which may be enabled or disabled by the user.

Cryptocurrencies Supported Total of approx. 10,000 crypto assets – 167 of which are currently tradable – ranging from relatively low market caps to the highest. Binance offers 600 different cryptocurrencies worldwide, however is limited to around 60 in America.
Types of Transactions Standard Coinbase – buying, selling, receiving and exchanging.

Coinbase pro – withdrawing, trading, stop order, time in force order, and limit order.

The accepted trade orders include;
  • Limit orders,
  • Market orders,
  • Stop limit orders,
  • Stop market orders,
  • Trailing stop orders,
  • Post only orders,
  • Limit TP/SL orders.
Deposit Methods Bank Account (ACH), Debit Card, Wire Transfer, PayPal, Apple Pay, & Google Pay. Bank Transfer (SEPA / SWIFT),

Bank Card (Visa / Mastercard),

P2P Express,

Advcash Account Balance.

Also allows direct crypto deposits through third party e-wallets.

Special Features
  • Separate U.I’s to cater for both beginners and professionals.
  • Ample amounts of education sources on all that relates to crypto and industry standards.
  • Ease of sending money.
  • Mobile App.
  • Strong focus on altcoins market with over 600 to choose from
  • Attractive fees, much lower than most exchanges
  • Portal for tax statements
  • ID verification process
  • Readily available sources of education
  • Access to NFT marketplace

Binance – Key Pros and Cons

  • Wide range of cryptocurrencies available
  • Buys (both non-instant and instant) have low fees
  • Cheap trading fees
  • Other fees are also competitive
  • Big forums with active community
  • Wide variety of resources available for education
  • USA has limited accessibility
  • Common problems amongst account verification
  • Not so much transparency
  • Withdrawing money also has fees
  • Number of different platforms could cause confusion
  • Chatbot is useless and email channel does not work
  • Not insured by the SIPC or FDIC

Visit Binance

Your capital is at risk.

Coinbase – Key Pros and Cons

  • Very user friendly UI
  • All major debit / credit cards accepted
  • Bank transfer costs relatively cheap
  • Wide variety of options when it comes to security features
  • Users & employees can communicate through live chat
  • Smaller amount of options than Binance
  • Short term trading or scalping is not allowed
  • High fees with the use of credit cards
  • KYC compliance requires verification of I.D. and selfie
  • Cannot use prepaid cards without associating a billing address
  • Apple & Google pay options are not yet available everywhere in the world.

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Your capital is at risk.

Binance vs Coinbase – Mobile App and Platform Overview

Binance is a one-stop shop for all things crypto, offering consumers a one-stop shop for all their crypto needs. The sophisticated charting, trades, and custom API keys available on Binance allow expert users to go even further into the platform’s technical aspects.

You can create a free Binance account by entering your login information. You may use two-factor authentication and link your bank or payment card after you’ve verified your email address. Once you’ve done that, you’re ready to begin purchasing cryptocurrency.

Buying, selling, and trading cryptocurrencies is made easy with Coinbase. On the move, you may utilise their mobile app for iOS and Android.

Coinbase has a straightforward sign-up process and verification procedure that makes it easy for anyone to kickstart their trading journey. For the first step, you’ll need a government-issued picture ID to create an account for free. You may either take a photo of your ID using the Coinbase app or manually submit it on the Coinbase website.

Once your identity has been validated, you may use a credit or debit card to make your first cryptocurrency purchase.

Some nations may not have access to Binance or Coinbase (as of March 2021).

In order to comply with severe KYC (Know Your Customer) and anti-money laundering regulations in the United States, Binance established a separate platform for U.S.-based customers.

As contrast to Binance.com, Binance.US has a smaller range of cryptocurrencies and fewer trading possibilities. With no margin trading, restricted crypto-to-crypto trading, increased deposit and purchasing fees, and no credit card transactions, Binance US is presently not the best alternative for US citizens.

Coinbase’s complete platform is presently accessible to citizens of the United States and is currently available in 100 countries.

For a more direct comparison, one could compare the two platforms below, with the Binance platform on top and the Coinbase Pro platform at the bottom.

Coinbase Platform Overview Binance-platform-overview

Binance vs Coinbase – Fees

Between Binance and Coinbase, there is a huge difference when it comes to fees. Trading cryptocurrency and funding your Binance account both cost less when using Binance.

When making a purchase via Coinbase, you’ll pay a fixed cost of around 0.50 percent. Additional fees are imposed by Coinbase dependent on the kind of account used to make the transaction.

There are a few things to keep in mind while using Coinbase to buy bitcoin. It costs up to 9% of the total price to buy and sell a coin using a credit or debit card on the same day.

Crypto investors who plan on buying & holding a coin for the long run should use Coinbase.

Binance provides cheaper transaction costs and a pricing structure that rewards high-volume traders. Maker and taker fees are the same, even though they employ a maker-taker fee structure

Users are paid a “taker fee” if their market-priced order is quickly completed by another user. Orders that aren’t instantly matched are put in the order book and the user is designated a “maker” and is paid a maker fee when the transaction is completed.

A 0.1 percent cost each transaction is imposed, with reductions for utilising the Binance native token (BNB token) to pay for these fees. Binance is the only place where these tokens may be acquired.

As the number of Bitcoins traded increases, the charge decreases to a maximum of 0.02 percent.

With an average transaction charge of around 0.1 percent, Binance may considerably reduce your expenditures (or less). Binance’s fee transactions are among the lowest in the market if you are a frequent trader.

One can find the differences between each exchange’s fees in more detail using the table below;

TRANSACTION BINANCE FEE COINBASE FEE
Buy/Sell with Bank Account 0.10% 1.49%
Buy/Sell with Wallet 0.10% 1.49%
Buy/Sell with Credit/Debit Card 1%–3% 2%
Instant Card Withdrawal N/A Up to 1.5%
Wire Transfer (USD) Free $10 ($25 outgoing)
Exchange Crypto 0.10% 0.50%
ACH (USD) Free Free

Binance vs Coinbase – Deposit and Withdrawal

The coinbase deposit & withdrawal fees are as follows;

Deposit fees are variable depending on the payment method used;

UK bank wire transfers, SWIFT payments and US ACH bank transfers are free, while US wire transfers have a flat rate of $10, a rate of €0.15 for SEPA transactions and a rate of 3.99% per debit card deposit. On the other hand, withdrawal fees are £1 for SWIFT and UK bank withdrawals, €0.15 for SEPA and the rest are free.

The Binance deposit & withdrawal fees are as follows;

Deposits through bank accounts are free outside the US and $15 is charged per wire transfer from America. Debit and credit card transactions carry a rate of 3.5% with a minimum of $10. When it comes to withdrawing money from Binance, there is a flat fee which is paid by users to take care of the transaction costs. The rates depend on the blockchain network and can vary according to usage volumes and congestion. To learn more about the deposit & withdrawal fees on Binance’s alternative US site, you can visit our Binance review.

Binance vs Coinbase – Security

Coinbase has its own built-in digital wallet that you may use to store your cryptocurrencies. A password and biometric access restrictions are used to keep it secure. Additionally, a 12-word recovery phrase encrypts your data to keep it safe (similar to other digital wallets).

Coinbase provides two-factor authentication through SMS or the Google Authenticator app. This helps protect your account by requiring a six-digit passcode that expires at the end of the day.

There are just a few exchanges that maintain your funds in “cold storage,” such as Coinbase (e.g. not connected to the internet). Over 98% of all cryptocurrency holdings are kept in cold storage, making them impenetrable to cyber criminals.

A bitcoin vault is also available on Coinbase, ensuring the safety of your digital assets even further. As a precaution, these vaults may be configured to demand numerous user approvals before a withdrawal can be made. They are also time-locked, which means that a withdrawal is invalidated if all approvals for the transaction have not been received within 24 hours.

The only other exchange that provides FDIC protection on USD (US Dollar) deposits is Coinbase (up to $250K). With this insurance, you may have up to $250,000 worth of deposited USD cash insured. As with other investments, FDIC coverage does not extend to any investments in your account, but solely to the cash in the account. This means that if anything goes wrong, you won’t be able to claim compensation for any losses in crypto money.

Binance vs Coinbase – Supported Cryptocurrencies to Trade

Coinbase’s list of top 100 tradable cryptocurrencies;

# Name Symbol
1 0x ZRX
2 1inch 1INCH
3 Aave AAVE
4 Aergo AERGO
5 Aioz Network AIOZ
6 Alchemix ALCX
7 Alchemy Pay ACH
8 Adventure Gold AGLD
9 Algorand ALGO
10 Amp AMP
11 Ampleforth Governance Token FORTH
12 Ankr ANKR
13 API3 API3
14 ARPA Chain ARPA
15 Assemble Protocol ASM
16 Augur REP
17 Avalanche AVAX
18 Aventus AVT
19 Axie Infinity AXS
20 Badger DAO BADGER
21 Balancer BAL
22 Bancor Network Token BNT
23 Band Protocol BAND
24 BarnBridge BOND
25 Basic Attention Token BAT
26 Biconomy BICO
27 Bitcoin BTC
28 Bitcoin Cash BCH
29 Bluzelle BLZ
30 Bonfida FIDA
31 Bounce Token AUCTION
32 Braintrust BTRST
33 Cardano ADA
34 Cartesi CTSI
35 Celo CGLD
36 Chainlink LINK
37 Chiliz CHZ
38 Civic CVC
39 Clover Finance CLV
40 Compound COMP
41 Cosmos ATOM
42 COTI COTI
43 COVAL COVAL
44 Cryptex Finance CTX
45 Crypto.com Chain CRO
46 Curve DAO Token CRV
47 Dai DAI
48 Dash DASH
49 Decentraland MANA
50 Decentralized Social DESO
51 DerivaDAO DDX
52 DFI.Money YFII
53 Dia DIA
54 District0x DNT
55 Dogecoin DOGE
56 Enjin Coin ENJ
57 Enzyme MLN
58 EOS EOS
59 Ethereum ETH
60 Ethereum Classic ETC
61 Ethereum Name Service ENS
62 Ethernity Chain ERN
63 Fetch.ai FET
64 Filecoin FIL
65 Function X FX
66 Gala GALA
67 Gitcoin GTC
68 Gods Unchained GODS
69 Goldfinch GFI
70 Golem GLM
71 GYEN GYEN
72 Harvest Finance FARM
73 Highstreet HIGH
74 Horizen ZEN
75 IDEX IDEX
76 iExec RLC RLC
77 Immutable X IMX
78 Internet Computer ICP
79 Inverse Finance INV
80 IoTeX IOTX
81 Jasmy JASMY
82 Keep Network KEEP
83 Kryll KRL
84 Kyber Network KNC
85 LCX LCX
86 Liquidity LQTY
87 Litecoin LTC
88 Livepeer LPT
89 Loom Network LOOM
90 Loopring LRC
91 Maker MKR
92 Maple MPL
93 Mask Network MASK
94 Measurable Data Token MDT
95 Mirror Protocol MIR
96 Moss Carbon Credit MCO2
97 mStableUSD MUSD
98 My Neighbor Alice ALICE
99 NKN NKN
100 NuCypher NU

Binance’s list of top 100 tradable cryptocurrencies;

# Name Symbol
1 JasmyCoin JASMY
2 Bitcoin BTC
3 Binance USD BUSD
4 ApeCoin APE
5 Ethereum ETH
6 Ethereum Classic ETC
7 Ethereum ETH
8 Terra LUNA
9 Avalanche AVAX
10 Bitcoin BTC
11 Shiba Inu SHIB
12 STEPN GMT
13 SuperRare RARE
14 Gala GALA
15 XRP XRP
16 USD Coin USDC
17 BNB BNB
18 THORChain RUNE
19 Solana SOL
20 Bounce Finance Governance Token AUCTION
21 Waves WAVES
22 Contentos COS
23 Ethereum ETH
24 Origin Protocol OGN
25 TerraUSD UST
26 TRON TRX
27 Cardano ADA
28 Loopring LRC
29 ApeCoin APE
30 Fantom FTM
31 MovieBloc MBL
32 Highstreet HIGH
33 Polkadot DOT
34 Harvest Finance FARM
35 JasmyCoin JASMY
36 Terra LUNA
37 The Sandbox SAND
38 Immutable X IMX
39 USD Coin USDC
40 Litecoin LTC
41 Tether USDT
42 Dogecoin DOGE
43 Frontier FRONT
44 Shiba Inu SHIB
45 NEAR Protocol NEAR
46 Dash DASH
47 ConstitutionDAO PEOPLE
48 Alpine F1 Team Fan Token ALPINE
49 Serum SRM
50 BNB BNB
51 Terra LUNA
52 Tranchess CHESS
53 Audius AUDIO
54 Chainlink LINK
55 Polygon MATIC
56 Elrond EGLD
57 SuperRare RARE
58 Avalanche AVAX
59 Decentraland MANA
60 Alpine F1 Team Fan Token ALPINE
61 Ethereum ETH
62 Cosmos ATOM
63 Beta Finance BETA
64 Moonbeam GLMR
65 STEPN GMT
66 ApeCoin APE
67 SXP SXP
68 Qtum QTUM
69 Sun (New) SUN
70 Solana SOL
71 Bitcoin BTC
72 Santos FC Fan Token SANTOS
73 Bitcoin BTC
74 Alpaca Finance ALPACA
75 Ethereum Classic ETC
76 VeChain VET
77 League of Kingdoms Arena LOKA
78 Shiba Inu SHIB
79 BinaryX BNX
80 Zcash ZEC
81 Cocos-BCX COCOS
82 OMG Network OMG
83 EOS EOS
84 The Graph GRT
85 Filecoin FIL
86 Terra LUNA
87 Smooth Love Potion SLP
88 Ethereum Classic ETC
89 Moonriver MOVR
90 Trust Wallet Token TWT
91 Internet Computer ICP
92 Oasis Network ROSE
93 Keep3rV1 KP3R
94 Contentos COS
95 QuickSwap QUICK
96 Gala GALA
97 Aave AAVE
98 Frontier FRONT
99 dYdX DYDX
100 Measurable Data Token MDT

Both Binance and Coinbase have a wide variety of cryptocurrencies to choose from when it comes to picking what to invest in. In this case, Binance has the upper hand with the wider variety, giving players the privilege of being able to trade over 600 cryptocurrencies, around five times more than that available on coinbase.

Binance vs Coinbase – Supported Cryptocurrencies to Stake

The benefits of staking with Binance

Binance’s staking mechanism provides a broad variety of options. It’s possible for users to examine all of the alternatives offered on the site, as well as the amount of danger they pose. The higher the APY, the greater the risk, whereas the lower the APY, the less risky the investment. As opposed to flexible saving alternatives, which give incentives on a daily basis, but only at a very modest rate of return, consumers benefit from frozen funds once the term has expired.

An IEO, or Initial Exchange Offering, is a way for cryptocurrency entrepreneurs to raise money via an exchange. Binance Launchpad pioneered this method. Users of the Binance Launchpad may sometimes win prizes by staking their currencies in various projects on the platform. The projects that may be staked are updated on a regular basis.

Stakable cryptocurrencies on Binance

Digital Assets Duration Max. Locked Staking Limit Per User Standard Annualized Interest Rate Min. Locked Staking Limit
AXS 90 days 3 AXS 104.62% 0.0001 AXS
SHIB 10 days 7,000,000 SHIB 10.12% 200 SHIB
VET 90 days 3,000 VET 7.32% 1 VET
SOL 90 days 3 SOL 12.12% 0.0001 SOL
AVAX 90 days 5 AVAX 20.19% 0.0001 AVAX
NEAR 90 days 25 NEAR 20.27% 0.001 NEAR
LUNA 90 days 5 LUNA 16.67% 0.0001 LUNA
ADA 90 days 200 ADA 10.43% 0.001 ADA
MATIC 90 days 150 MATIC 20.09% 0.001 MATIC
CAKE 90 days 10 CAKE 70.56% 0.001 CAKE

The benefits of staking with Coinbase

“Proof of Stake” settlement mechanisms are currently used by several cryptocurrencies to guarantee that all transactions are confirmed and protected without the need for a bank or payment processor in the midst of the transaction. For more information, read our Coinbase review.

Staking a portion of your assets for a certain period of time earns you benefits for helping to keep the network safe with these types of cryptocurrencies. Rewards will be given in return for your cooperation. If you’re going to keep your cryptocurrency for a longer amount of time, this is a great way to put it to work for you instead of just sitting there.

Eligible users may stake Tezos, Cosmos, or ETH and earn up to 5% interest (depending on the kind of asset invested) by June 2021 through the main Coinbase app or website. For more information, one can visit coinbase.com/staking.

Stakable cryptocurrencies on Coinbase

Cryptoasset Yearly investment interest
Ethereum (ETH) 4.50% APR
Algorand (ALGO) 0.45% APY
Cosmos (ATOM) 5.00% APY
Tezos (XTZ) 4.63% APY
Dai (DAI) 0.15% APY
USD Coin (USDC) 0.15% APY

Binance vs Coinbase – Unique Features

It’s possible to purchase and sell bitcoin with ease using both Binance and Coinbase, but they approach it in quite different ways. Each platform has a few distinct features:

Binance’s Special Features

Rewards for participation: Binance routinely hosts contests and challenges to encourage user engagement. The Binance rewards center is where users may collect their winnings. Airdrops for newly listed cryptocurrencies are also offered by Binance.

Binance Academy: The Binance Academy is the company’s own free educational platform. Binance Academy is a one-stop shop for all things crypto, from introductory crypto training to expert lectures on trading.

Binance has one of the broadest selections of trading possibilities of any exchange. The following is a short rundown of some of the potential trading options:

  • Guess the price battles
  • P2P trading
  • Liquidity pools
  • Margin
  • Limit TP/SL order
  • Time in force limit orders
  • OCO orders
  • Post only
  • Trailing stop
  • Stop Market
  • Stop Limit
  • Market
  • Limit

Binance has made its API keys available to the general public, enabling third-party applications to interface with the platform.

Coinbase Special Features

Coinbase provides brief instructional films that guide customers through various bitcoin projects at the price of nothing. A little amount of bitcoin will be given to people who watch these films on the platform and mobile app.

For those who want to stay on top of the latest in the crypto world, Coinbase has an integrated newsfeed. The feed collects news stories from across the web to bring you the latest information on the state of the crypto market.

Coinbase customers may set up price notifications for the cryptocurrencies they are interested in following. It’s possible to keep an eye on a list of currencies and get alerts on your phone, or you may check the app for changes.

Binance vs Coinbase – Final Verdict

Even though Binance might seem like the clear winner with cheaper fees, larger volumes, and more vast options, Coinbase does have its own set of strongpoints such as ease of use, accessibility, and security. So a Binance vs Coinbase comparison might come down to your specific needs. If you’re a beginner you likely won’t need to margin trade on leverage, which Binance offers but Coinbase doesn’t.

Another good example of a user-friendly crypto platform amongst Binance alternatives to keep in mind is eToro.

On eToro.com you can not only invest in and trade cryptocurrencies, but also other commodities such as stocks, fiat currencies, real life commodities like gold, and many more, with educational resources available to learn to trade.

You can also copytrade professional traders rather than attempting to time the 24/7 crypto markets yourself.

For more information on eToro,  read our eToro review. In terms of regulation and ease of use, it’s our recommendation for the best crypto platform of 2024.

eToro - Our Recommended Crypto Platform

Our Rating

eToro exchange
  • 30 Million Users Worldwide
  • Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort
  • Free Demo Account, Social Trading Community
  • Free Secure Wallet - Unlosable Private Key
  • Copytrade Professional Crypto Traders
eToro exchange
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at this link: https://www.etoro.com/customer-service/terms-conditions/trading-restriction/

FAQs

How to transfer Bitcoin from Coinbase to Binance?

Coinbase has a “Receive” button, which is where you’ll locate the bitcoin you wish to send. Make a note of the wallet address that Coinbase has created for you. Take a look at Binance’s “Funds” section and choose “Withdraw Bitcoins.” Copy the Coinbase wallet address and paste it into the “To” box.

How to transfer from Binance to Coinbase?

Before you can move from Binance to Coinbase, you’ll need to open both your Coinbase and Binance accounts. Access Coinbase dashboard, then click on “Send/Receive.” Using this tab, choose the asset you want to send to Coinbase.

How is Binance different from Coinbase?

It’s straightforward to use, but the sheer quantity of options might be intimidating to a newbie. Consumers who are already acquainted with cryptocurrency jargon and investment possibilities should use Binance, while Coinbase is designed for people who just want to trade quickly and easily. Both exchanges provide mobile applications with a wide range of features and functions.

Which is better, Coinbase or Binance?

When it comes to the most fundamental aspects of an exchange — cost & investment opportunities — Binance takes the cake. Bankrate deemed Binance the best cryptocurrency exchange for beginners because of its low trading fees. Coinbase, on the other hand, has a little edge when it comes to the finer points, such as the security, transparency, and customer service.

Is Binance cheaper than Coinbase?

Yes, Binance is way cheaper than coinbase, with the exception of Binance US. Despite the fact that Binance.US charges a little higher fee for U.S.-based customers, it is still far less expensive than Coinbase. Depending on your payment method, you may end up paying as much as 4 percent in transaction fees in addition to the standard 0.50 percent Coinbase fee.

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