why coinbase charges so much

Coinbase charges high fees for using its services is a common concern among cryptocurrency enthusiasts. The fees are based on several factors, such as the number of transactions you make, the amount of funds you hold, and the services you use. Coinbase's fees are high because they charge a small percentage of each transaction, which can add up quickly. The fees are also high because they use complex algorithms to ensure that only legitimate users can use the platform. For example, Coinbase uses machine learning to detect fraudulent activities, which can lead to high fees. Additionally, Coinbase's fees are high because they charge a small percentage of each transaction, which can add up quickly. Overall, Coinbase's fees are high because of several factors, including the complex algorithms used to ensure that only legitimate users can use the platform.