What are the best ways to save money on Coinbase transactions?
Bech HopkinsDec 30, 2022 · 3 years ago3 answers
I'm looking for some tips on how to save money on transactions when using Coinbase. Are there any specific strategies or features that can help me reduce fees and save more money? I want to make the most out of my transactions on Coinbase.
3 answers
- Sage WongAug 13, 2025 · 3 months agoOne 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.
- garrilaMay 27, 2022 · 3 years agoAnother 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.
- Kidd LaugesenSep 30, 2020 · 5 years agoIf 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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