Coinbase Trick: How To Avoid Fees When Buying Coins On Coinbase.

in #coinbase7 years ago

Maybe some of you already know this, but there is a trick to avoid fees when buying buying coins from Coinbase. Coinbase has a trading platform called GDAX. Here's what you should do.

  • Login to GDAX using your Coinbase account

  • Coinbase has a way to connect you bank account and move cash free in it (might take few days to arrive)

  • Move your Coinbase cash to GDAX

  • Follow the price action on your target crypto (BTC, ETH, LTC)

  • To buy, circle down on a price $ number few cents or dollars below the asking price

  • Place a LIMIT order with a set price slightly below the ask price ( say, ETH is at $191 right now on GDAX, you place a LIMIT order at $190.50 or so )

  • Wait for your order to get picked totally free

  • Some times the price moves against you, and you don't get filled, well then cancel the previous order and place a new order using the same technique.

  • HODL

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Well done babe, helping the unaware.
Damn fees!

If i can save one soul for this right? <3

click here!This post received a 4.5% upvote from @randowhale thanks to @overkillcoin! For more information,

This post has received a 2.42 % upvote from @booster thanks to: @overkillcoin.

Awesome advice!
Yeah, the fees at coinbase are ridiculous. Any advice to circumvent them is welcome news, indeed!
Thank You! :D
(upvoted & resteemed!)

Welcome Back,

F.U.R.R. 4 U!!! :P lol

Hey it's Mr. Ed!!

thanks for the trick , good job !

You're welcome.

Good post , keep steemit !

Thank you! <3

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