Categories: Bitcoin Entertainment

Coinbase Founders Outline Small Fee Change During Q&A

Click here to view original web page at

Coinbase Founders Outline Small Fee Change During Q&A

Coinbase founders Fred Ehrsam and Brian Armstrong conducted a video question and answer session today this evening, and new information revealed by the two indicates that some changes when it comes to fees charged to users are in the works, among other things.

When it comes to that pesky $0.15 ACH/bank fee assessed to buys and sells, it’s gone. However, the one percent fee charged in addition to said $0.15 fee will still be charged to the customer. Thankfully, Coinbase might reduce that percentage further some time in the future.

The move likely comes with pressure from Coinbase’s competition here on the east coast, Circle. Circle, for the most part, does not charge users fees to buy or sell bitcoins.

Aside from fees, some other information about the service was revealed from the Q&A session. For example, Coinbase is planning to roll out support for multi-signature transactions to users some time in the next week (which includes support for the company’s Vault product).

If you’re interested in viewing the full Q&A session, you can watch it below. The video runs a little over an hour.

Are Coinbase’s fee changes good enough? Or do you think they’ll have to work further to remain competitive with Circle?

When it comes to that pesky $0.15 ACH/bank fee assessed to buys and sells, it’s gone. However, the one percent fee charged in addition to […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by
Tags: onepress

Recent Posts

Bitcoin May Be Laying the Groundwork for a Trend Reversal

Following Bitcoin’s recent plunge into the mid-$9,000 region, the cryptocurrency has been able to post a strong and sustainable bounce… Read More

5 hours ago

The blockchain/crypto week in quotes

“People who are watching the daily price of Bitcoin are really missing the whole point…The whole idea of Bitcoin is… Read More

5 hours ago

Brewing giant gives blockchain to African farmers

AB InBev Africa and BanQu have roped in blockchain technology to uplift smallholder farmers in the global brewing giant’s supply… Read More

5 hours ago

Self-Proclaimed Satoshi Nakamoto’s Bitcoin ‘Reveal’ Is an Epic Fail

The "big reveal" by the latest self-proclaimed Satoshi Nakamoto was an epic failure that overpromised and underdelivered. | Source: Shutterstock… Read More

5 hours ago

Litecoin May Soon Surge Despite Selling Pressure and Recent Dusting Attack

Litecoin has been wrapped in negative sentiment as of late, which has primarily been rooted it its lackluster price action… Read More

5 hours ago

The best ways to buy furniture online for Bitcoins

Overview Buying furniture for cryptocurrency For most of its existence, the Bitcoin community (BTC) believed that cryptocurrency would be a… Read More

11 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More