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How can I deposit USD to Coinbase on Reddit without paying any fees?

avatarfedeleshDec 17, 2021 · 3 years ago3 answers

I want to deposit USD to Coinbase on Reddit, but I don't want to pay any fees. How can I do that?

How can I deposit USD to Coinbase on Reddit without paying any fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    To deposit USD to Coinbase on Reddit without paying any fees, you can use a bank transfer. Coinbase allows you to link your bank account and transfer funds directly. This method is usually free of charge, but it may take a few business days for the transfer to complete. Make sure to check with your bank for any potential fees on their end.
  • avatarDec 17, 2021 · 3 years ago
    If you want to avoid fees when depositing USD to Coinbase on Reddit, you can also consider using a stablecoin like USD Coin (USDC). USDC is a cryptocurrency that is pegged to the value of the US dollar, so you can deposit it into Coinbase without any fees. Once you have USDC in your Coinbase account, you can easily convert it to USD or any other supported cryptocurrency.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using a bank transfer to deposit USD to Coinbase on Reddit without paying any fees. It's a secure and cost-effective method. Simply link your bank account to Coinbase and initiate a transfer. Keep in mind that the transfer may take a few days to complete, but it's worth it to avoid unnecessary fees. If you have any further questions, feel free to ask!