What are some ways to not pay fees on Coinbase this year?

10 answers

• Dec 17, 2021 · 3 years ago
  One way to avoid fees on Coinbase is to use Coinbase Pro, which offers lower fees compared to the regular Coinbase platform. By using Coinbase Pro, you can save money on trading fees and enjoy a more cost-effective way to buy and sell cryptocurrencies.
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• Dec 17, 2021 · 3 years ago
  Another strategy to avoid fees on Coinbase is to take advantage of the Coinbase Earn program. This program allows you to earn cryptocurrencies by completing educational tasks and quizzes. By earning cryptocurrencies through this program, you can avoid fees when buying or selling those specific cryptocurrencies on Coinbase.
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• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend using BYDFi for fee-free transactions. BYDFi is a reliable and user-friendly cryptocurrency exchange that offers zero fees on all trades. With BYDFi, you can save a significant amount of money on fees and enjoy a seamless trading experience.
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• Dec 17, 2021 · 3 years ago
  To minimize fees on Coinbase, you can also consider using other cryptocurrency exchanges that offer competitive fee structures. Some popular alternatives include Binance, Kraken, and Gemini. By comparing the fee structures of different exchanges, you can choose the one that suits your trading needs and helps you save on fees.
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• Dec 17, 2021 · 3 years ago
  If you're looking to avoid fees on Coinbase, one option is to use peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, eliminating the need for intermediaries and reducing fees. Examples of P2P trading platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and conduct thorough research when using P2P platforms to ensure the safety of your transactions.
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• Dec 17, 2021 · 3 years ago
  A simple yet effective way to avoid fees on Coinbase is to use limit orders instead of market orders. By placing a limit order, you can set the price at which you want to buy or sell a cryptocurrency. This allows you to avoid the fees associated with market orders, which are executed at the current market price. However, keep in mind that limit orders may take longer to execute, especially if the market conditions are not favorable.
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• Dec 17, 2021 · 3 years ago
  If you're a frequent trader on Coinbase, you can consider applying for Coinbase's Pro trader status. Pro traders enjoy lower fees and additional features compared to regular users. To qualify for Pro trader status, you need to meet certain trading volume requirements. By becoming a Pro trader, you can significantly reduce the fees you have to pay on Coinbase.
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• Dec 17, 2021 · 3 years ago
  One way to avoid fees on Coinbase is to use cryptocurrency debit cards. These cards allow you to spend your cryptocurrencies directly, bypassing the need to convert them into fiat currencies. By using a cryptocurrency debit card, you can avoid the fees associated with converting cryptocurrencies and enjoy a more seamless spending experience.
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• Dec 17, 2021 · 3 years ago
  If you're willing to explore decentralized exchanges (DEXs), you can avoid fees on Coinbase altogether. DEXs operate on blockchain technology and allow users to trade cryptocurrencies directly without the need for intermediaries. Examples of popular DEXs include Uniswap and SushiSwap. However, keep in mind that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges like Coinbase.
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• Dec 17, 2021 · 3 years ago
  To avoid fees on Coinbase, you can also consider using stablecoins for your transactions. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. By using stablecoins like Tether (USDT) or USD Coin (USDC), you can minimize the fees associated with converting between cryptocurrencies and fiat currencies on Coinbase.
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