Are there any methods to buy on GDAX without incurring fees?

3 answers

• Dec 27, 2021 · 3 years ago
  Unfortunately, GDAX does charge fees for buying cryptocurrencies. However, there are some strategies you can use to minimize these fees. One option is to use limit orders instead of market orders. By setting a specific price at which you want to buy, you can avoid paying higher fees associated with market orders. Additionally, GDAX offers fee discounts for high-volume traders, so if you trade frequently, you may be eligible for lower fees. Another option is to take advantage of GDAX's maker-taker fee model. By placing limit orders that add liquidity to the order book, you can qualify for lower fees as a maker. Keep in mind that these strategies may not completely eliminate fees, but they can help reduce them.
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• Dec 27, 2021 · 3 years ago
  No, there are no methods to buy cryptocurrencies on GDAX without incurring any fees. GDAX charges fees for buying and selling cryptocurrencies, and these fees are a standard part of using the platform. However, you can take steps to minimize the fees you pay, such as using limit orders and taking advantage of fee discounts for high-volume traders. It's important to understand and factor in the fees when buying cryptocurrencies on GDAX to make informed decisions about your investments.
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• Dec 27, 2021 · 3 years ago
  As an expert in the field, I can confirm that there are no methods to buy cryptocurrencies on GDAX without incurring fees. GDAX, like most cryptocurrency exchanges, charges fees for buying and selling cryptocurrencies. These fees are necessary for the platform to operate and provide services to its users. However, you can explore other exchanges or platforms that may offer lower fees or fee-free trading options. It's always a good idea to compare fees and features across different exchanges before making a decision.
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