What are some strategies to purchase digital assets on GDAX without being charged fees?

12 answers

• Dec 30, 2021 · 3 years ago
  One strategy to purchase digital assets on GDAX without being charged fees is to use the GDAX trading platform's maker-taker fee schedule. By placing limit orders instead of market orders, you can become a maker and enjoy lower fees or even no fees at all. This strategy requires patience, as you'll need to wait for someone to take your order, but it can save you money in the long run. Just make sure to set reasonable limit prices to increase the chances of your order being filled.
  485243
• Dec 30, 2021 · 3 years ago
  Another strategy is to take advantage of GDAX's fee-free withdrawal policy. GDAX allows you to withdraw your digital assets to an external wallet without any fees. By doing so, you can avoid the withdrawal fees that some other exchanges may charge. However, keep in mind that you may still incur network transaction fees depending on the blockchain you're using.
  362121
• Dec 30, 2021 · 3 years ago
  At BYDFi, we recommend using GDAX's maker-taker fee schedule to purchase digital assets without fees. By placing limit orders and becoming a maker, you can enjoy lower fees or even no fees at all. This strategy aligns with our mission to provide cost-effective trading solutions for our users. However, it's important to note that BYDFi is not affiliated with GDAX and this recommendation is based on our own analysis.
  418105
• Dec 30, 2021 · 3 years ago
  If you're looking to purchase digital assets without fees on GDAX, another strategy is to take advantage of any promotional offers or referral programs that GDAX may have. These programs can sometimes provide fee waivers or discounts for new users or users who refer others to the platform. Keep an eye out for any announcements or promotions from GDAX to take advantage of these opportunities.
  39479
• Dec 30, 2021 · 3 years ago
  One strategy to avoid fees when purchasing digital assets on GDAX is to use a stablecoin like USDC or USDT. These stablecoins are pegged to the value of the US dollar and can be used to trade for other digital assets on GDAX without incurring fees. By converting your funds to a stablecoin first, you can bypass the fees associated with trading directly between cryptocurrencies.
  37964
• Dec 30, 2021 · 3 years ago
  If you're a high-volume trader, GDAX offers a fee reduction program called GDAX Pro. This program provides discounted fees for traders who meet certain trading volume requirements. By qualifying for GDAX Pro, you can significantly reduce or eliminate the fees associated with purchasing digital assets on GDAX.
  31045
• Dec 30, 2021 · 3 years ago
  When purchasing digital assets on GDAX, it's important to consider the overall trading fees in addition to the purchase fees. Some exchanges may have lower purchase fees but higher trading fees, which can impact your overall costs. GDAX offers competitive trading fees, so it's worth comparing the fee structures of different exchanges to ensure you're getting the best deal.
  37547
• Dec 30, 2021 · 3 years ago
  To purchase digital assets on GDAX without fees, you can also consider using a decentralized exchange (DEX) that operates on the GDAX network. DEXs allow for peer-to-peer trading without the need for a centralized intermediary, which can help reduce or eliminate fees. However, keep in mind that DEXs may have lower liquidity and fewer trading pairs compared to centralized exchanges like GDAX.
  39444
• Dec 30, 2021 · 3 years ago
  If you're looking to avoid fees when purchasing digital assets on GDAX, another strategy is to take advantage of any fee reimbursement programs that GDAX may offer. Some exchanges offer fee reimbursement for certain trading activities or for holding a certain amount of their native tokens. Keep an eye out for any fee reimbursement programs from GDAX to minimize your costs.
  37538
• Dec 30, 2021 · 3 years ago
  One strategy to purchase digital assets on GDAX without fees is to use a peer-to-peer trading platform that connects buyers and sellers directly. These platforms often have lower fees compared to traditional exchanges and can provide a more cost-effective way to purchase digital assets. However, make sure to do your due diligence and choose a reputable platform with proper security measures in place.
  40337
• Dec 30, 2021 · 3 years ago
  If you're looking to avoid fees when purchasing digital assets on GDAX, consider using a credit card or debit card to make your purchase. Some exchanges offer fee waivers or discounts for users who use certain payment methods. Check GDAX's payment options to see if using a card can help you save on fees.
  30526
• Dec 30, 2021 · 3 years ago
  One strategy to purchase digital assets on GDAX without fees is to take advantage of any fee-free trading periods or promotions that GDAX may offer. Some exchanges periodically offer fee-free trading for a limited time, allowing you to make trades without incurring any fees. Keep an eye out for any announcements or promotions from GDAX to take advantage of these opportunities.
  37930