Are you getting a Coinbase transaction fee expired error?
If your answer is YES then don’t worry, you are not the only person who is having this frustrating Coinbase error right now.
There are plenty of users who took to Reddit, Twitter and other social media platforms and wrote that they are having the ‘Coinbase transaction fee expired error’ while transferring money to their wallet.
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If you are facing the same error while sending money to your Coinbase wallet and want to fix it right away then look no further as we have got you covered.
Without any further ado, let’s get started:
Coinbase Transaction Fee: Everything You Need To Know
There is no denying that Coinbase and Coinbase Pro are popular Cryptocurrency exchanges in the world.
Managed by Coinbase Global Inc, these two exchanges allow users to investors to buy, sell or trade Cryptocurrencies.
The best thing about these two platforms is that they don’t charge a fee if you make transactions between Coinbase and Coinbase Pro.
But if you make transactions to other platforms, you will have to pay a certain Coinbase transaction fee, which is calculated at the time when a person places an order.
The official website of Coinbase stated:
“Fees transacted on cryptocurrencies are calculated at the time a person may place an order and may be determined by a combination of factors including the selected payment method, the size of the order, and market conditions such as volatility and liquidity.”
Since the transaction fee of Coinbase and Coinbase Pro is different, let’s find out how much they charge for a transaction.
Coinbase Transaction Fee
According to Gfinityesports.com, Coinbase charges 0.50% for a transaction, along with a 3.99% charge for using Credit Card.
Apart from these charges, Coinbase does charge 1.49% as a fee allowing its users to access and exchange wallet or bank account purchases.
Coinbase Pro Transaction Fees
Unlike Coinbase, Coinbase Pro clearly showcases the transaction fee that Coinbase Pro users have to pay for making a purchase on its platform.
Here’s the transaction fees structure of Coinbase Pro:
|Conibase Pro Order Price||Transaction Fee|
|$10,000 to $50,000||0.40%|
|$50,000 to $100,000||0.25%|
|$100,000 to $1,000,000||0.20%|
|$1,000,000 to $20,000,000||0.18%|
|$20,000,000 to $100,000,000||0.15%|
|$100,000,000 to $500,000,000||0.10%|
|$500,000,000 to $1,000,000,000||0.08%|
|$1,000,000,000 to $2,000,000,000||0.05%|
How To Fix Coinbase Transaction Fee Expired Error In 2023?
Coinbase transaction fee expired is not a new error.
A lot of people have been facing this error since 2016 but the creators of Coinbase have not responded to it.
To resolve the Coinbase user’s issue, I read dozens of Reddit threads, and guides and watched multiple videos but I did not find any solution that could fix the ‘Coinbase transaction fee expired’ error right now.
While finding its solutions, I came across a bunch of threads claiming that this issue can be fixed by simply updating the Coinbase App.
If you are facing the ‘Coinbase transaction fee expired’ error on your App, I advise you to open Google Play Store or Apple App Store depending on your device and check if there is an update available.
If available, update your Coinbase app to the latest version. Once you have successfully updated the app, launch it and see if the error is fixed.
That’s all you need to know about the Coinbase transaction fee expired issue.