I just bought 2$ worth bitcoin from Coinbase but only received $1.01 worth of bitcoin, which they just charged me $0.99. Why Coinbase Charged me 50% fees?
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Did you bother looking at the fee rates? Typically they don't charge 50% and I know for a fact Coinbase charges flat rates for various brackets. Other posters have listed what the taxes are like here too, you got taxed $0.99 for a <$10 purchase, and in this case it was 50% because you only purchased $2 worth.
I don't know what you want us to tell you but a lot of exchanges, every exchange, really, has some way of charging fees or the like so that they are able to keep their service running and earn a profit, you just have to be aware of what they're actually charging you before just barreling in.