“Top Cryptocurrency Trends to Watch in 2022”

🚀 Exciting News from Coinbase! Big Changes to USDC to USD Conversions for Institutional Clients! 🌟

💰 Coinbase, the top crypto exchange, is revamping its fee policy for **large USDC to USD conversions** to cater to **institutional clients** handling significant transaction volumes.

📢 In a recent announcement, Coinbase shared that institutions converting **over $75 million** within 30 days will now face new fees based on their conversion amounts.

💸 The updated fee structure includes a **0.1% fee** for conversions between $75 million and $150 million, a **0.15% fee** for transactions from $150 million to $500 million, and a **0.2% fee** for conversions exceeding $500 million.

🏦 Good news for Coinbase Prime customers with **over $500 million in assets** or an average of $100 million in USD/USDC monthly – they are exempt from these fees!

🌐 Also, participants in the Coinbase Exchange Liquidity Program reaching Tier 1 or Tier 2 status will benefit from a fee waiver if they meet the monthly requirements. Enjoy the perks! 🎉

Leave a Reply

Your email address will not be published. Required fields are marked *