What are the alternatives to sending bitcoin with no fees on Coinbase?

7 answers

• Dec 26, 2021 · 3 years ago
  Sure, there are several alternatives to sending bitcoin with no fees on Coinbase. One option is to use a peer-to-peer trading platform like LocalBitcoins. It allows you to find individuals who are willing to buy or sell bitcoin without any fees. Another option is to use a decentralized exchange like Uniswap or PancakeSwap, which operate on the Ethereum network and offer fee-free transactions. Additionally, some wallets and exchanges may offer fee-free transfers for certain promotions or limited periods. It's worth checking their terms and conditions to see if any such offers are available.
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• Dec 26, 2021 · 3 years ago
  Yeah, there are definitely other ways to send bitcoin without fees on Coinbase. You can try using a wallet that supports the Lightning Network, such as BlueWallet or Zap. The Lightning Network is a layer-2 scaling solution for bitcoin that allows for instant and low-cost transactions. By using a Lightning Network-enabled wallet, you can send bitcoin without paying any fees. Another option is to find a friend or acquaintance who is willing to send you bitcoin directly, without going through an exchange. Just make sure to agree on a fair exchange rate and take necessary precautions to ensure the security of the transaction.
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• Dec 26, 2021 · 3 years ago
  Well, if you're looking for a fee-free alternative to sending bitcoin on Coinbase, you might want to check out BYDFi. They offer fee-free bitcoin transactions and have a user-friendly interface. With BYDFi, you can send bitcoin without worrying about any fees eating into your transaction amount. It's a great option for those who want to save on fees and have a seamless experience. Just make sure to do your own research and read reviews before using any platform or service.
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• Dec 26, 2021 · 3 years ago
  Have you considered using other cryptocurrency exchanges? While Coinbase is a popular choice, there are many other exchanges that offer fee-free bitcoin transactions. Binance, for example, has a feature called Binance Peer-to-Peer (P2P) that allows users to buy and sell bitcoin directly from other users without any fees. Additionally, some decentralized exchanges like SushiSwap or 1inch also offer fee-free transactions. It's always a good idea to explore different platforms and compare their features and fees before making a decision.
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• Dec 26, 2021 · 3 years ago
  Sending bitcoin without fees on Coinbase can be a challenge, but there are alternatives available. One option is to use a cryptocurrency debit card, such as the Coinbase Card or BitPay Card. These cards allow you to spend your bitcoin directly at merchants that accept Visa or Mastercard, without incurring any transaction fees. Another option is to use a bitcoin ATM, which can be found in many major cities. Bitcoin ATMs usually charge a fee for buying or selling bitcoin, but some ATMs offer fee-free transactions for certain amounts or during promotional periods. It's worth checking the fees and locations of bitcoin ATMs in your area.
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• Dec 26, 2021 · 3 years ago
  If you're looking for fee-free alternatives to sending bitcoin on Coinbase, you might want to consider using a cryptocurrency wallet that supports SegWit addresses. SegWit (Segregated Witness) is a technology upgrade for bitcoin that reduces transaction fees and increases transaction capacity. By using a SegWit-enabled wallet, you can send bitcoin with lower fees compared to traditional wallets. Some popular wallets that support SegWit include Electrum, Ledger Live, and Trezor. Make sure to check if the recipient's wallet also supports SegWit to avoid any compatibility issues.
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• Dec 26, 2021 · 3 years ago
  Sending bitcoin without fees on Coinbase can be tricky, but there are a few alternatives you can explore. One option is to use a cryptocurrency exchange that offers fee-free withdrawals, such as Kraken or Gemini. These exchanges may have lower fees compared to Coinbase or offer fee-free withdrawals for certain cryptocurrencies. Another option is to use a cryptocurrency wallet that allows you to set your own transaction fees, such as Electrum or Mycelium. By setting a lower fee, you can potentially send bitcoin without incurring any fees. However, keep in mind that setting a lower fee may result in slower confirmation times for your transaction.
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