What are the best ways to transfer coins on Coinbase without incurring fees?
Armand ShemaJun 22, 2023 · 2 years ago3 answers
I am looking for the most effective methods to transfer coins on Coinbase without having to pay any fees. Can you provide me with some insights on how to achieve this?
3 answers
- Hector ChavarriaSep 03, 2022 · 3 years agoOne of the best ways to transfer coins on Coinbase without incurring fees is by using Coinbase Pro. Coinbase Pro offers lower fees compared to Coinbase, and you can transfer your coins from Coinbase to Coinbase Pro for free. Once your coins are on Coinbase Pro, you can then withdraw them to an external wallet without paying any fees. This method can save you a significant amount of money in fees.
- goodluck305Feb 06, 2022 · 4 years agoIf you want to transfer coins on Coinbase without incurring fees, you can also consider using a stablecoin like USDC. Coinbase allows free transfers of USDC between Coinbase accounts, so you can convert your coins to USDC and then transfer them to another Coinbase account without paying any fees. Once the USDC is in the other Coinbase account, you can convert it back to your desired cryptocurrency. This method can be a cost-effective way to transfer coins without incurring fees.
- Mahmoud PollardNov 14, 2023 · 2 years agoAnother option to transfer coins on Coinbase without fees is by using a third-party platform like BYDFi. BYDFi offers a fee-free transfer service for Coinbase users. You can transfer your coins from Coinbase to BYDFi and then withdraw them to an external wallet without any fees. This can be a convenient option for those who want to avoid paying fees on Coinbase.
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