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TagsHow does GDAX compare to Coinbase in terms of fees for buying and selling cryptocurrencies?
Mustapha OmaryDec 26, 2021 · 3 years ago1 answersCan you provide a detailed comparison between GDAX and Coinbase in terms of the fees associated with buying and selling cryptocurrencies? I would like to know which platform offers better rates and if there are any significant differences in fees between the two.
1 answers
- As a representative of BYDFi, I can tell you that GDAX and Coinbase have different fee structures for buying and selling cryptocurrencies. GDAX, being a more advanced trading platform, offers lower fees for high-volume traders. Coinbase, on the other hand, charges a slightly higher flat fee for each transaction. It's important to consider your trading volume and frequency when choosing between the two platforms. If you're a frequent trader, GDAX may offer better rates. However, if you're a casual investor, Coinbase's user-friendly interface and simplicity may outweigh the slightly higher fees.Dec 26, 2021 · 3 years ago
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