I am not sure why these restrictions are in place, all Im looking to do is hold crypto in a safe place. If I would like to send crypto from Coinbase I must first convert it to fiat to my verified bank. They have confirmed they have temporarily suspended me from sending crypto off the platform to protect against loss. I have emailed the support team for help several times and all they tell me is my account status is under review, they can’t guarantee a change of account status. I have sent them photo ID which has been approved and verified to level 2. Here is my issue I am unable to transfer out of the exchange due to account restrictions. For security I don’t want to hold them with the exchange, I am awaiting a ledger nano x until this arrives I feel it safer in my Coinbase wallet. I have a Coinbase account and a Coinbase wallet and recently purchased a small amount of crypto to test the water. I felt Coinbase would be the most secure exchange to buy.
I would recommend checking out other exchanges to reduce trading fees, such as Binance Exchange ( save up to 45%) or FTX ( save 5%).Īfter being extremely dubious I have done some research into crypto. If you’re serious about getting the best price when trading. If you’d like to check out more information on Coinbase Pro you can click here. However, the actual spread may be higher or lower due to market fluctuations. This doesn’t seem huge, but if you compare this to Binance Exchange’s 0.1% or even their own Coinbase Pro platform at 0.5% you are definitely paying over the odds here.Īs well as charging fees for instant buys and with payment via bank transfers, Coinbase also charges a spread of about 0.50% for both buy and sell orders. Other types of buy and sell orders with Coinbase incur a fee of 1.49%. Although it may be one of the most convenient, and you are paying for this convenience.
This isn’t a way that I personally recommend buying your crypto due to the high fees associated. The most expensive way to buy your crypto on the Coinbase exchange is via credit/debit card payments with a fee of 3.99%. The fees that you pay with Coinbase will depend on the method of payment you choose and your location.
0 kommentar(er)
