Avoid Coinbase Fees!*

in cryptocurrency •  7 years ago  (edited)

Coinbase is the most popular way to purchase Bitcoin Ethereum and Litecoin. However once you get your funds on Coinbase the % of fees that it levies of each of your purchase and sale would catch your eye if you are trading instead of just holding. If you are buying and selling frequently on Coinbase, this fee could actually be of a concern as it starts eating off your profits or even losses. Well, there is away to dodge that and it came from Coinbase itself its called GDAX. GDAX stands for (Global Digital Assets Exchange), which allows you to trade different pairs, as shown below.
These pairs are fee free. Yes fee free when trading with there exchange. More advanced traders use other exchanges to buy and sell cryptocurrencies GDAX doesn't support yet, such as Bittrex, Binance, Kraken etc. You can also dodge Coinbase fees from sending your bitcoin you have stored or bought on Coinbase to GDAX free. Screen Shot 2018-01-15 at 7.38.49 PM.png You can also withdrawal that BTC to any other wallet or exchange free of fees as stated in above pic bottom right corner.
Happy Trading!!!!!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @zachofbauer! You received a personal award!

1 Year on Steemit

Click here to view your Board

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @zachofbauer! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!