I Use coinbase but listen to this novice error... I wanted to buy IOTA so I transferred a small amount of Bitcoin over to Binance and with it being my first time, I didnt pay close enough attention to the conversion rate and assumed I was paying 1.40 in fees. Nope...$14 to move $25 :(
Yup don’t feel bad it happens to us all . Especially first starting out with coinbase . But we live and we learn that’s what makes us better traders . It’s hard to move bitcoin around because of those damn transaction fees . I don’t recommend this but I keep a little bit of bitcoin on binance for trading purposes to avoid the big transaction fees .
I Use coinbase but listen to this novice error... I wanted to buy IOTA so I transferred a small amount of Bitcoin over to Binance and with it being my first time, I didnt pay close enough attention to the conversion rate and assumed I was paying 1.40 in fees. Nope...$14 to move $25 :(
Yup don’t feel bad it happens to us all . Especially first starting out with coinbase . But we live and we learn that’s what makes us better traders . It’s hard to move bitcoin around because of those damn transaction fees . I don’t recommend this but I keep a little bit of bitcoin on binance for trading purposes to avoid the big transaction fees .