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Coinbase absolutely take fees that are unrelated to network fees. When you buy $COIN from Coinbase you don't touch the network at all they just note in their da
by deadbunny 4y ago
Coinbase absolutely take fees that are unrelated to network fees. When you buy $COIN from Coinbase you don't touch the network at all they just note in their database that you bought 0.5 of $COIN for $10 total, $2 which was their fee. It doesn't hit the network till you withdraw it. This is the fee Apple is talking about.
- jakelazaroff 4y agoNo, it's not — Coinbase Wallet is their non-custodial wallet, meaning you actually get a real address on the blockchain rather than just a row in their database. https://www.coinbase.com/wallet https://www.coinbase.com/wallet