Coinbase Review (October 2026): Fees, US States and Licenses

Our verdict

Coinbase is a Nasdaq-listed US exchange (COIN) holding a New York BitLicense and state licenses nationwide. US customers can trade 360+ crypto assets, commission-free stocks, Kalshi-supplied prediction markets and CFTC-regulated perpetual-style futures in one account. Coinbase Advanced starts at 0.60% maker and 1.20% taker per secondary sources. In May 2025 it disclosed an insider-driven breach of customer data.

Coinbase fees

Maker / taker

0.60% / 1.20%

Simple buy

Spread built into the quoted price (about 0.5% per NerdWallet) plus a Coinbase fee shown before you confirm; Coinbase's fee page cites a 1.875% Coinbase fee that varies by payment method

Volume tiers

Coinbase Advanced tiers by 30-day volume, per secondary sources (official table requires sign-in): 0.35%/0.75% from $1K, 0.25%/0.40% from $10K, down to 0.00%/0.05% from $250M. Coinbase One subscription waives fees on simple trades up to plan limits.

ACH deposit

Free (secondary source; official payment-methods page lists no ACH fee)

Wire deposit

$10

Card purchase

Debit card accepted; fee shown at checkout (no fixed rate published on the pages checked)

USD withdrawal

ACH free (secondary source); wire $25

Crypto withdrawal

Network fee; Lightning sends cost 0.2% of the amount

Other fees

Simple-trade limit orders: 1% execution fee. Staking commission 35% on ADA, ATOM, AVAX, DOT, ETH, MATIC, SOL, XTZ. US perpetual-style futures from 0.02% per contract ($0.15 minimum).

Minimum deposit

$0

Is Coinbase available in my state?

Coinbase's licenses page (checked Oct 5, 2026) shows state licenses nationwide plus a New York BitLicense, and its FY2025 10-K describes US retail trading in crypto, stocks, futures and prediction markets.

• AL available
• AK available
• AZ available
• AR available
• CA available
• CO available
• CT available
• DE available
• DC available
• FL available
• GA available
• HI available
• ID available
• IL available
• IN available
• IA available
• KS available
• KY available
• LA available
• ME available
• MD available
• MA available
• MI available
• MN available
• MS available
• MO available
• MT available
• NE available
• NV available
• NH available
• NJ available
• NM available
• NY available
• NC available
• ND available
• OH available
• OK available
• OR available
• PA available
• RI available
• SC available
• SD available
• TN available
• TX available
• UT available
• VT available
• VA available
• WA available
• WV available
• WI available
• WY available

New staking is barred in CA, MD, NJ and WI; crypto-backed loans are not offered in NY.

New York

Yes

ID check (KYC)

Yes

Withdraw crypto

Yes

Funding

ACH, Wire, Debit card, PayPal, Apple Pay, Google Pay, Crypto

Is Coinbase regulated?

• FinCEN MSB
• NMLS 1163082
• BitLicense + NY trust
• CFTC
• SEC / FINRA
• Bank charter
• NASDAQ: COIN

US operator

Coinbase, Inc.

Parent company

Coinbase Global, Inc. (NASDAQ: COIN)

State licenses

Licenses page lists state money transmitter (or equivalent) licenses under NMLS 1163082; NY BitLicense no. 122466; several states' licenses (e.g. IN, LA, TN, VA) are noted as not covering virtual currency. Coinbase Custody Trust Company, LLC (NMLS 2455008) is a NY limited purpose trust company.

New York license

Both

CFTC / NFA

DCM (Coinbase Derivatives, LLC); FCM (Coinbase Financial Markets), subject to NFA rules

SEC / FINRA

Coinbase Capital Markets Corporation: SEC-registered broker-dealer, FINRA member

Bank charter

OCC conditional approval on Apr 2, 2026 for Coinbase National Trust Company (custody; not yet a final charter)

Other

Owns derivatives exchange Deribit; Louisiana virtual currency business license (FY2025 10-K)

Founded

2012

Headquarters

— Not verified

How secure is Coinbase?

Proof of reserves

No (public company with audited financials; 10-K states customer assets are held one-to-one)

Audits

— Not verified

Insurance

Crime insurance covers a portion of digital assets against theft but not losses from compromised user credentials; USD cash is held at FDIC-insured banks with pass-through coverage up to $250,000; securities accounts have SIPC coverage up to $500,000. Crypto itself is not FDIC- or SIPC-insured.

Incidents since 2019

• 2025data breachDisclosed May 15, 2025: bribed overseas support agents leaked personal data of under 1% of monthly users; Coinbase refused a $20M ransom and estimated costs of $180M-$400M.
• 2023enforcementState actions bar new staking in California, Maryland, New Jersey and Wisconsin; assets staked there after June 6, 2023 are unstaked.
• 2025enforcementOn Feb. 27, 2025 the SEC filed a joint stipulation dismissing its civil enforcement action against Coinbase, Inc. and Coinbase Global, Inc.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Coinbase

• Spot
• Advanced trading
• Staking
• Futures
• Perpetuals
• Stocks & ETFs
• Earn
• Lending
• Crypto card
• Self-custody wallet
• API
• Prediction markets

Perpetual-style futures (nano BTC and ETH at launch on July 21, 2025, up to 10x) run through CFTC-registered Coinbase Financial Markets. Access to Deribit options and global perps opened to US institutions on May 29, 2026, with retail expected later. Prediction markets are supplied by Kalshi (all 50 states since Jan 28, 2026). Stocks trade commission-free 24/5. USDC loans via Morpho exclude NY.

Apps

Web, iOS, Android

Support

Help center