Literally 60 minutes ago Coinbase fees changed to this:
From this
0.25% taker fee
0% maker fee
This is a total Goldman-Sachs move; I can smell it, and it stinks like shit.
The reason for doing this is to "increase liquidity". They must not gain much liquidity from users who trade less than $100,000 a month.
I also believe they've gotten rid of stop-loss orders, which will stop Ethereum from flash crashing into the dirt... which is good... or bad if you were looking to buy the dip on a $20 Ethereum flash crash.
If I'm being honest, I thought it was pretty crazy that one could get money onto Coinbase for free. Create a maker trade for zero fees, and then transfer the money offsite for free as well. I guess those days are over.
Oh dear.
So, how long do you think people have to get their coins off of coinbase, before they disappear?
And, the exchanges didn't smell that good before.
Now, i am sure they are making money some other way, which usually involves fake amounts of coins and fleecing little people.
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I recommend always using a hardware wallet and just keep what your trading on exchanges.
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A trading exchange will always find a way to maximize their return.
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Oh man I need to pull my assets out of there before they disappear. Wonder what wallets I need to move to.
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Why would your assets disappear in the wake of a minor fee hike?
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I don't really trade on coinbase, but am enjoying all the crypto giveaways they've been doing recently.
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Stop the spam
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lol I literally read the username as @spam-bet instead of @steem-bet.
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Binance
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Sure, but I still use Coinbase to actually get money from my bank account into the cryptosphere.
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I use Gemini they have a 1% Maker and Taker Fee but I only use it as a fiat gateway. I like them more than Coinbase personally.
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