What are the best ways to save money on Coinbase transactions?

3 answers

• Dec 25, 2021 · 3 years ago
  One of the best ways to save money on Coinbase transactions is to use Coinbase Pro, which offers lower fees compared to the regular Coinbase platform. By using Coinbase Pro, you can take advantage of the maker-taker fee model, where makers (those who provide liquidity to the market) pay lower fees than takers (those who take liquidity from the market). This can significantly reduce your transaction costs on Coinbase.
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• Dec 25, 2021 · 3 years ago
  Another way to save money on Coinbase transactions is to avoid using credit cards for purchasing cryptocurrencies. Coinbase charges higher fees for credit card transactions compared to bank transfers or using your Coinbase balance. By opting for bank transfers or using your Coinbase balance, you can save on transaction fees and keep more money in your pocket.
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• Dec 25, 2021 · 3 years ago
  If you're looking for even lower fees and more advanced trading features, you can consider using BYDFi. BYDFi is a decentralized exchange that offers competitive fees and a wide range of trading options. With BYDFi, you have more control over your transactions and can potentially save even more money compared to centralized exchanges like Coinbase.
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