There is a trick on Coinbase/GDAX, that when you make a wire/bank transfer to your Coinbase account, you pay literally 0% commission to complete the BTC, ETH or LTC purchase.
This is how it works:
The majority of the people do not know or are aware of that GDAX belongs to Coinbase, and what is even more interesting is that Charlie Lee (creator of Litecoin) is who led the development of the GDAX platform. Charlie Lee is a former employee of Coinbase base, but now he is only an adviser for them.
THIS IS WHAT YOU NEED TO DO
STEP 1. Click in the link below and create your Coinbase account. In using this link you also earn $10 dollars on your first $100 dollars purchase.
https://www.coinbase.com/join/5931b7e8c4e9def8bed0fbff
STEP 2. After your have made the wire transfer to your Coinbase account DO NOT buy the coins directly from the app. Preferably, use a desk top computer to carry out the transation to buy the coins.
Open your Coinbase account on any web browser and also open the GDAX web page https://www.gdax.com
The login credentials are exactly the same as the one you use for your Coinbase account - REMEMBER they are the same company. Once you have opened the GDAX web page you will notice on the top left hand-side of the page who is the owner of the page, which states clearly - Coinbase
STEP 3. Transfer the assets/money from your Coinbase account to GDAX. Login to the GDAX web page and on the top left-hand side of the page you will see the DEPOSIT and WITHDRAW options. Click deposit and the options to transfer the money from your Coinbase account will show up.
STEP 4. Once the money has been transferred you need to place a buy order on the market. You will see the options: MARKET - LIMIT and STOP. You need to choose LIMIT because as a market maker there is 0% commission fees on the transactions.
Wait until your order has been filled and "voilà" you acquired the chosen crypto paying 0% commission fee.
Even if you choose the option MARKET when you buy the cryptos you only pay a maximum of 0.25%.
If you have any question or do not understand, feel free to drop me an e-mail of a call and I will be happy to help you.
E-mail: [email protected]
Mob.: +41 799697870
Good post. Thanks for sharing. Upvoted:Following.
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That's absolutely amazing! I've been spending loads on commission, very helpful indeed. Thank you!
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