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What are the ways to send bitcoin without fees on Coinbase?

avatarSukhdev SinghDec 19, 2021 · 3 years ago3 answers

I am looking for ways to send bitcoin without incurring any fees on Coinbase. Can anyone suggest any methods or strategies to achieve this?

What are the ways to send bitcoin without fees on Coinbase?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    One way to send bitcoin without fees on Coinbase is to use the Coinbase Pro platform. Coinbase Pro offers lower fees compared to Coinbase, and you can transfer your bitcoin from Coinbase to Coinbase Pro for free. Once your bitcoin is on Coinbase Pro, you can send it to any external wallet without incurring any fees. Another option is to use a peer-to-peer trading platform like LocalBitcoins. On LocalBitcoins, you can find individuals who are willing to sell bitcoin without any fees. However, you need to be cautious and ensure that you are dealing with a reputable seller. Lastly, you can also consider using other cryptocurrency exchanges that offer lower fees for bitcoin transactions. Some popular options include Binance, Kraken, and Bitstamp. Just make sure to compare the fees and security features of these exchanges before making a decision.
  • avatarDec 19, 2021 · 3 years ago
    Sending bitcoin without fees on Coinbase can be achieved by using the Coinbase Pro platform. Coinbase Pro offers lower fees compared to Coinbase, and you can transfer your bitcoin from Coinbase to Coinbase Pro for free. Once your bitcoin is on Coinbase Pro, you can send it to any external wallet without incurring any fees. It's a simple and cost-effective solution for sending bitcoin without fees. Another option is to explore peer-to-peer trading platforms like LocalBitcoins. These platforms connect buyers and sellers directly, allowing you to find individuals who are willing to sell bitcoin without any fees. However, it's important to exercise caution and verify the reputation of the seller before proceeding with the transaction. Alternatively, you can also consider using other cryptocurrency exchanges that offer lower fees for bitcoin transactions. Binance, Kraken, and Bitstamp are some popular options to explore. Just make sure to compare the fees, security features, and user experience of these exchanges to find the best fit for your needs.
  • avatarDec 19, 2021 · 3 years ago
    One of the ways to send bitcoin without fees on Coinbase is by using the Coinbase Pro platform. Coinbase Pro offers lower fees compared to Coinbase, and you can transfer your bitcoin from Coinbase to Coinbase Pro for free. Once your bitcoin is on Coinbase Pro, you can send it to any external wallet without incurring any fees. This method allows you to save on transaction costs and maximize the value of your bitcoin. Another option is to explore peer-to-peer trading platforms like LocalBitcoins. These platforms connect buyers and sellers directly, enabling you to find individuals who are willing to sell bitcoin without any fees. However, it's important to exercise caution and conduct thorough research before engaging in any transactions. Additionally, you can consider using other cryptocurrency exchanges that offer lower fees for bitcoin transactions. Binance, Kraken, and Bitstamp are reputable exchanges that provide competitive fee structures. By comparing the fees and features of these exchanges, you can find a suitable platform to send bitcoin without fees.