What fees does Coinbase charge for merchant processing?
Quick Summary: There is no fee to accept bitcoin payments. When converting bitcoin to your local currency, the first $1,000,000 is also free.
Coinbase provides merchant tools
which make it easy for your business or website to accept bitcoin payments.
- If you accept bitcoin and choose to keep those funds in bitcoin there is no charge or transaction fee to accept payments.
- If you choose to exchange bitcoin you receive into your local currency, then this is where transaction fees come into effect. We charge 1% to convert bitcoin into your local currency (or less based on volume). This fee is waived on your first $1,000,000 USD in merchant processing.
Note that your bank or payout method may have additional fees that do not go to Coinbase. For example, some banks may have a $0.15 per ACH bank payout fee in the U.S.