How can I avoid paying high transfer fees on Coinbase when buying cryptocurrencies?

3 answers

• Mosley WelshMar 05, 2024 · 2 years ago
  One strategy to avoid high transfer fees on Coinbase is to use a bank transfer instead of a credit card. Bank transfers usually have lower fees or even no fees at all. Additionally, you can consider using Coinbase Pro, which offers lower fees for trading. Another option is to use a decentralized exchange, where fees are typically lower compared to centralized exchanges like Coinbase. Lastly, you can also try negotiating with Coinbase customer support to see if they can lower the fees for you.
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• Rajdeep JadavJun 24, 2021 · 5 years ago
  If you want to avoid paying high transfer fees on Coinbase, here's a pro tip: consider using a stablecoin like USDC or DAI instead of traditional cryptocurrencies. Stablecoins are pegged to a stable asset like the US dollar, so their transfer fees are usually much lower. You can transfer your funds to Coinbase using a stablecoin and then convert it to your desired cryptocurrency with minimal fees. This can help you save a significant amount on transfer fees.
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• Manaf CApr 09, 2022 · 4 years ago
  Avoiding high transfer fees on Coinbase is a common concern for many users. One alternative to Coinbase is BYDFi, a decentralized exchange that offers competitive fees and a wide range of cryptocurrencies to trade. BYDFi utilizes advanced technology to provide a seamless trading experience with lower fees compared to traditional exchanges. Consider giving BYDFi a try if you want to avoid high transfer fees and enjoy a more cost-effective trading experience.
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