Don’t pay fees in CoinBase and some useful suggestions.

If you have CoinBase account and you have been trading there (like me) we have paid different amount of fees for any type of transactions.

For the following steps you have to have a verified CoinBase account and believe me you can even recuperate your lost fees and do a small business.

Ok, let’s start:

1. With your verified user name and password from CoinBase enter www.gdax.com.

Operation No 1) we want to transfer BTC from CB account to this site and sell it.

• Click on deposit icon and you’ll get number of tabs.

• Go to CoinBase Account tab and indicate how much BTC you want to transfer here.

For fiat money you have to follow the same steps as above with the difference of choosing the right option in CoinBase tab. Bear in mind that first you have to have fiat or BTC in your CoinBase account so you could see the right tab in www.gdx.com site.

Operation No 2) Here I am going to talk about “Market and Limit” which are as follows:

If you sell or buy using Market, there is always a fee but less than in CoinBase.

If you choose Limits, there is no fee as you have to place the order and wait.

What other advantages does this site have?

Imagine that 40% of you BTC saved in Coinbase account is from your earnings such as mining and the other 60%, you have bought them by paying a fee.

You can take a part of you 40% to gdax.com and trade them at a higher price which you bought the 60% and recuperate your fees (until here is like any trading site) but with transferring to and from the gdax.com you don’t pay any fees (but in any other trading site you do).

Over all I find this site much easier to handle than the other trading sites and I hope you find it useful too.