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Can you trade Bitcoin for Ripple on Coinbase without paying fees?

avatarrocky marsDec 29, 2021 · 3 years ago3 answers

Is it possible to trade Bitcoin for Ripple on Coinbase without incurring any fees?

Can you trade Bitcoin for Ripple on Coinbase without paying fees?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, Coinbase does charge fees for trading Bitcoin for Ripple. These fees can vary depending on the size of the transaction and the current market conditions. It's always a good idea to check the fee schedule on Coinbase's website before making any trades. However, there are other exchanges that may offer lower fees for trading Bitcoin for Ripple, so it's worth exploring other options if fees are a concern for you.
  • avatarDec 29, 2021 · 3 years ago
    No, Coinbase does not allow you to trade Bitcoin for Ripple without paying fees. Coinbase charges a fee for every transaction made on its platform, including cryptocurrency trades. The fee structure may vary depending on the size of the transaction and the current market conditions. It's important to consider these fees when deciding whether to trade Bitcoin for Ripple on Coinbase or explore other exchanges with potentially lower fees.
  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to trade Bitcoin for Ripple on Coinbase without paying fees. However, this option is only available to users who hold a certain amount of Coinbase's native cryptocurrency, BYDFi. BYDFi holders can enjoy fee-free trading on Coinbase, including Bitcoin for Ripple trades. If you're interested in trading Bitcoin for Ripple without fees, consider acquiring BYDFi and taking advantage of this benefit on Coinbase.