Extra Charge for Recurring Transactions on Coinbase

I had a recurring transaction for $1.00 a month posted to my account. For a while the transaction in Coinbase would read $1.00 for some bitcoin. The bitcoin amount would change but never the dollar amount. Now the dollar and the bitcoin amount is changing, to the point that I enter $1.00 a month and when the actual transaction post, the usd dollar amount says $3.00 and some change, why is the dollar and the bitcoin amount changing? Am I being charged for higher fees or something now?

coinbase.com
recurring-payments

Nonelilian

Posted 2017-06-20T21:40:56.657

Reputation: 23

Answers

Coinbase is no longer paying the Bitcoin transaction fees for their customers; they are now shifting that responsibility onto their customers. This extra charge that you are seeing is likely because of this change.

Andrew Chow

Posted 2017-06-20T21:40:56.657

Reputation: 40 910

-1

I was tired of paying these transaction fees, so built https://coindca.com - now I do recurring buys for free.

Mark P Neyer

Posted 2017-06-20T21:40:56.657

Reputation: 99