Anyone else sick of Coinbase Ridiculous fees??? Any other options???

[1satyros1]

Are there any other alternatives to these thieves?? I purchased 200 euros worth of Bitcoin this mornning: 5% Fees!
Send my  BTC's to Bittrex, then another 10% fee!!!!!

So to fund my Bittrex abbout, I lost 15% of my money in the process!!!!!  Obviously, the people who own Coinbase are too greedy, but are there any other similar eschanges?

I am interested in: using FIAT to buy BTC and ETH, then fund my Bittrex Account ( I have also applied to Bitfinex, Gatehub, Bitstamp, Cryptopia, Poloniex, Bitpanda and few more, but it seems that that the KYC process will take another 2 months at least...)

Any input would be much appreciated! It is plain thievery to pay these kind of fees....

Thanks

[masphie]

Are there any other alternatives to these thieves?? I purchased 200 euros worth of Bitcoin this mornning: 5% Fees!
Send my  BTC's to Bittrex, then another 10% fee!!!!!

So to fund my Bittrex abbout, I lost 15% of my money in the process!!!!!  Obviously, the people who own Coinbase are too greedy, but are there any other similar eschanges?

I am interested in: using FIAT to buy BTC and ETH, then fund my Bittrex Account ( I have also applied to Bitfinex, Gatehub, Bitstamp, Cryptopia, Poloniex, Bitpanda and few more, but it seems that that the KYC process will take another 2 months at least...)

Any input would be much appreciated! It is plain thievery to pay these kind of fees....

Thanks

maybe you can try my metode...
find some friends who have an account in coinbase, and then transfer all fund to your friend.
coinbase to coinbase free...

do it this until minimum WD reach. So, you must find more friend.

CMIIW

[cryptohunter]

dont try bitstamp i heard it is now 100% fees

[DeltaX]

Are there any other alternatives to these thieves?? I purchased 200 euros worth of Bitcoin this mornning: 5% Fees!
Send my  BTC's to Bittrex, then another 10% fee!!!!!

So to fund my Bittrex abbout, I lost 15% of my money in the process!!!!!  Obviously, the people who own Coinbase are too greedy, but are there any other similar eschanges?

I am interested in: using FIAT to buy BTC and ETH, then fund my Bittrex Account ( I have also applied to Bitfinex, Gatehub, Bitstamp, Cryptopia, Poloniex, Bitpanda and few more, but it seems that that the KYC process will take another 2 months at least...)

Any input would be much appreciated! It is plain thievery to pay these kind of fees....

Thanks

You can try to do that through use alternative coin just like litecoin or another. it can become an alternative way for you to avoid the ridicolous fees by use the bitcoin. Litecoin fees was so cheap compared with bitcoin. Rather than waiting for your KYC to be approved and it may better to try another way. alternative coin seems to be a good choice for you with instant delivery and cheap fees that makes you able to send your transaction with a little time.

[jlanzago]

Yes there are always alternatives depending on where you are located. In my country there is no Coinbase but a local exchange which has reasonable fees. If you want to buy via credit card there are always hefty fees, better to do it via your bank account (deposit to the exchange).

[Johj]

If you're tired of the regular trading fees, and not the actual initial purchase fees, then I'd recommend using GDAX with Coinbase. GDAX is essentially the same, and your Coinbase acc is your GDAX acc. There are no trading fees between cryptos or crypto to fiat with GDAX. Try it out!

[1satyros1]

Thank you all for your replies. Btw, anyone has expereice with BitPanda? Also, I am located in Europe and looking for reasonable fees....  thanks

[Sahyadri]

Instead of buying BTC and transferring it to bittrex why didnt you think of buying ETH and then transferring it to bittrex. Obviously the fees of BTC is way more than ETH. By using this method you can atleast save good amount of money in transferring the coins to bittrex. You could then convert it to BTC after you transfer the coins to bittrex. Coinbase also has LTC which is also a better alternative for this method.

[1satyros1]

Instead of buying BTC and transferring it to bittrex why didnt you think of buying ETH and then transferring it to bittrex. Obviously the fees of BTC is way more than ETH. By using this method you can atleast save good amount of money in transferring the coins to bittrex. You could then convert it to BTC after you transfer the coins to bittrex. Coinbase also has LTC which is also a better alternative for this method.

You got a point. I used ETH in the beginning, but then started purchasing more BTC because Bittrex has more altcoins available based on BTC than ETH. I see your point and I thought of converting ETH to BTC once transferred at Bittrex but i was concerned that their fees would be high too! Obviously, it would not be 10% (that is what Coinbase charged me this morning on my BTC transfer! ) Next time I will try ETH again. Thanks again!

[MoonIsBlue]

Are there any other alternatives to these thieves?? I purchased 200 euros worth of Bitcoin this mornning: 5% Fees!
Send my  BTC's to Bittrex, then another 10% fee!!!!!

So to fund my Bittrex abbout, I lost 15% of my money in the process!!!!!  Obviously, the people who own Coinbase are too greedy, but are there any other similar eschanges?

I am interested in: using FIAT to buy BTC and ETH, then fund my Bittrex Account ( I have also applied to Bitfinex, Gatehub, Bitstamp, Cryptopia, Poloniex, Bitpanda and few more, but it seems that that the KYC process will take another 2 months at least...)

Any input would be much appreciated! It is plain thievery to pay these kind of fees....

Thanks

You should check youtube, I always see some videos in the right on how to eliminate fees from Coinbase, I don't use it myself. I use a local exchange.

[ac2eugenio]

Exchanges has a lot of fees,thats why the owners of thee exchanges getting more rich every second,i too has experienced with local exchanges especially when they dont have any counterparts ,they will increase fees because we dont have a choice.

[lighpulsar07]

Well coinbase is an exchange what do you expect? If you want an lower fee then use a wallet that you can adjust it for yourself like mycelium in android and bitcoin core in desktop. I was once a coinbase user and i really liked it because there are no transaction fees in coinbase but since they announced that they will no longer payong the tx fees and it is higher fees than actual tx fees i quit using their services.

[cryptolit]

Absolutely! Coinbase owns GDAX so you can login to GDAX with your Coinbase login - you just need to validate your ID again. GDAX have much smaller fees - a lot more reasonable. I'd recommend login into GDAX whenever you want to transfer your coins to other exchanges/wallets.

[kahc]

GDAX have lower trading fees, and NO network fee. So you can send BTC from GDAX to Bittrex without paying anything!

[1satyros1]

Tried GDAX, but my European passport expired this month:(  Also, just thought I should share this... I have sent kyc's and opened accounts to 14 different brokers since November. Only been approved for Bittrex so far! Feel like by the time i get approved on Bitfinex (where they have many coins not traded elsewhere..) the 'party' will be over...

[Antiqua]

Exchanges has a lot of fees,thats why the owners of thee exchanges getting more rich every second,i too has experienced with local exchanges especially when they dont have any counterparts ,they will increase fees because we dont have a choice.

actually i've heard that not every cost go to the owner of exchanger, but some of it go to another such as tax, etc

Instead of buying BTC and transferring it to bittrex why didnt you think of buying ETH and then transferring it to bittrex. Obviously the fees of BTC is way more than ETH. By using this method you can atleast save good amount of money in transferring the coins to bittrex. You could then convert it to BTC after you transfer the coins to bittrex. Coinbase also has LTC which is also a better alternative for this method.

from my experience this method is simple but risky if sudden price movement happen when transfer coin
just try it but becarefull

[Keihatsu]

In the UK, I use localbitcoins.com for BTC.

Also a new bank called Revolut has low fees for BTC, LTC and ETH. About to give it a try.

[LazyBitInvestor]

Try another way: use localbitcoins.
The more you buy - the more profit you get. Now BTC transaction fee is ~20$. Better to buy once, but a lot.

[Gloria_16]

really the commission was simply awful, it is worth trying bots telegrams,By the way 15% is still not so ploho, could take more (

[Clifmeister]

Does Coinbase really charge higher than others? As far as I know, it's the same (or almost similar) with other wallets.