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

in #coinbase • 7 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

#crypto #gdax #tricks #cryptocurrency
7 years ago in #coinbase by
$7.09
  • Past Payouts $7.09, 0.00 TRX
  • - Author $5.84, 0.00 TRX
  • - Curators $1.24, 0.00 TRX
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    • [-]
     7 years ago 

    Well done babe, helping the unaware.
    Damn fees!

    $0.07
    • Past Payouts $0.07, 0.00 TRX
    • - Author $0.06, 0.00 TRX
    • - Curators $0.01, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

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

    $0.05
    • Past Payouts $0.05, 0.00 TRX
    • - Author $0.04, 0.00 TRX
    • - Curators $0.01, 0.00 TRX
    1 vote
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    [-]
     7 years ago 

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

    $0.05
    • Past Payouts $0.05, 0.00 TRX
    • - Author $0.04, 0.00 TRX
    • - Curators $0.01, 0.00 TRX
    1 vote
    Reply
    [-]
     7 years ago 

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

    [-]
     7 years ago 

    Welcome Back,

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

    [-]
     7 years ago 

    Hey it's Mr. Ed!!

    $0.41
    • Past Payouts $0.41, 0.00 TRX
    • - Author $0.31, 0.00 TRX
    • - Curators $0.10, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

    thanks for the trick , good job !

    [-]
     7 years ago 

    You're welcome.

    $0.00
      Reply
      [-]
       7 years ago 

      Good post , keep steemit !

      [-]
       7 years ago 

      Thank you! <3

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        [-]
         7 years ago 

        Congratulations! This post has been upvoted from the communal account, @minnowsupport, by kryptokayden from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

        If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.

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