Coinbase Under Fire for Fee Structure Once More, Nansen CEO Describes It as 'Insane'
Nansen CEO Critiques Coinbase Fees: Nansen CEO Alex Svanevik criticized Coinbase's trading fees, highlighting a recent increase in taker fees to 1.20% and maker fees to 0.60%, calling them "insane."
Coinbase Advanced Fee Structure: The Coinbase Advanced platform introduced a tiered fee structure in 2022, where fees vary based on a user's recent trading activity and asset holdings over a rolling 30-day period.
Transaction Fees as Revenue: Transaction fees remain a core revenue driver for Coinbase, accounting for an estimated 59% of the company's total revenue in 2025, despite the company's expansion into subscriptions and custody services.
Binance Founder Comments on Fees: Binance founder Changpeng Zhao previously criticized projects that complained about exchange listing fees, suggesting they should focus on building products and serving users rather than criticizing competitors.
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