Cryptocurrency and CoinBase... What's with the freakin high fees!

in #ethereum7 years ago

So guys I just spent $500 AUD on CoinBase and which was the first time I made a purchase in three weeks, the fees came to $19.80 to me this seems ridiculously high??

Can anyone explain why?

We get charged fees to buy, transfer and sell wtf!

Obviously the fees aren't going to improving the site considering the site is down constantly.

What are your thoughts on CoinBase guys? Thoughts? Comments? Recommendations??

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Yes, the fees are very high and not only on Coinbase. That's why we need a Segwit which is not a permanent solution and Hardfork which can resolve this issue :D

I'm still learning about all this stuff but Coinbase has screwed me over twice now, with its purchase limits and also with the site being down. I attempted to buy ethereum for the first time when it's was at $90 about a month and a half ago but coinbases limited me to spending $150 per week.... what a Joke, I had $1000 to put towards it and only ended up with 4 ethereum by the end of it.

you should buy only bitcoin then go to poloniex.com and buy from there other coins, very low fees and website is always online :)

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