![]() I've watched dozens of tutorials on Coinbase about all these emerging technologies to make transactions faster, safer, and cheaper, and they all want you to buy their tokens to fund their projects, so hey Coinbase, in exchange for advertising them on your site, find one of them that will transfer from one of your products to another without fees, LIKE YOUR SITE SAYS. SO DON'T FUCKING CALL IT A WALLET and then make me do two transfers and charge 6% to move to your other product (which is only available as an app, for added pain-in-the-assness) so I can buy a coin that you can't be arsed to put on your exchange. I am looking at my crytpo IN MY "WALLET" on Pro, but is this a wallet? Not exactly. It's already stupid enough that they make you transfer from Coinbase to Coinbase Pro to do the same trade, but with lower fees, and then hold your transfer for as long as they feel like it. They are quoting me around 6% in fees to transfer a small amount of ETH from CoinBase to CoinBase Wallet. Are those MY wallets? THEIR wallets? WTF is going on? Extremely underwhelmed by coinbase. Are we then buying ETH from the $500M that coinbase "invested" in? They are further profiting off of this? And then on top of that, when you are selecting the crypto you want to send it say ETH wallet, BTC wallet, etc. I am am transfering and asset that I supposedly own to myself. So, is their fee the network fee as they claim or not? Furthermore, there is a message at the top of that screen that says "Buy from coinbase" or some shit. It's also WAY MORE than the Network Fee, at least for a 0.25 ETH transfer. Any rational, reasonable person would interpret this as an add on fee for Coinbase. Yet, when you are in the app, there is a Network Fee and a Coinbase Fee, separated out. It is supposedly an estimate of the fees that they must pay and they are just passing them on to us. Furthermore, they also charge what they call a Network Fee. If you don't get the app, then the only "coinbase wallet" you have is the one on. That is de facto because you get a wallet with the basic account whether or not you ever get the app. The wallet you get with a basic account is also a Coinbase wallet, even though it is not called that. To any rational, reasonable person, that IS a Coinbase wallet. In fact, the app is the only thing called Coinbase Wallet. And I don't care if it is a separate app. With coinbase pro, make sure you use the "buy limit order" and not buy market feature so you can reduce fees from 0.25% to 0.This sounds like a good class action lawsuit brewing. Here is a comparison of the different ways to buy. If you don't want to wait and prefer to lock in the price right away than use Cash app if you are in the US. Really it would be best to preload fiat in coinbase pro and set buy limit orders to autopickup dips and than when you see a dip use cash app or coinbase to pick that up as well if your coinbase pro fiat is all used up. Locking in the price on a dip might be wiser than waiting for cash to clear sometimes. Keep in mind that doing this means you need for your dollars to clear which takes a week unlike locking in the price on cash app or regular coinbase. Sure, you just click deposit, select US dollar, select your bank account, type the amount of dollars you want to deposit, click deposit from bank button Is there any way to buy via Pro and take advantage of lower fees, Sure, and there is no withdrawal fees, and they pay the onchain tx fee for you.Ĭlick withdraw, select Bitcoin, paste in your receive address from the external wallet, type the amount of BTC or max, than click withdraw BTC button IF YOU SEE SPAM, USE REPORT LINK INSTEAD OF JUST DOWNVOTINGĬan you send your coin purchased on Pro to a private wallet? ![]() ![]() Only specific/technical questions and answers that are relevant to beginners, no debating and opinions Altcoin questions and discussion are not allowed. r/BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs.īitcoin related Questions only. This subreddit allows open discussion where peer review occurs. Do not respond to strangers direct messaging you, as over 99% of these people are Scammers. Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. ![]()
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