Coinbase Fucks the Small Guy

in #coinbase5 years ago

In an obvious grab for cash, Coinbase just announced a fee increase for low volume traders on its highly popular platform. Below is the updated fee structure for Coinbase Pro, and as you can see, low volume traders are hit hard with a 0.5% maker and taker fee.
coinbase fee structure.png

Being a small volume scalp trader like myself who relies on small moves in the market, this may put the small guys out of the game.