NiceHash Lowers Fees - Coinbase Withdrawals Still King

in #nicehash7 years ago

NiceHash has lowered fees across the board... DUJd2p1WsAEEcWT.jpg large.jpg

But let's face it, Bitcoin fees are still insanely high. If you're a NiceHash miner in the US the best way around these fees is Coinbase.

Withdrawals from NiceHash to your Coinbase account remain free. And from there you can easily move your coins to GDAX which is a part of Coinbase. Once on GDAX you want to do Limit buys and sells to avoid fees there. This way, the only fee involved is the 2% payout fee NiceHash charges.

The only thing better than that? Find a pool that has less than a 2% fee. There are plenty of pools out there and some with less than a 2% fee. If you are HODLing your coins this may be a better option. But if you're wanting to trade or convert to fiat...

...Nicehash to Coinbase to GDAX to your bank is hard to beat.

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