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December 29, 2017, 01:24:05 AM |
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So I bought $50USD BTC on coinbase to start playing around and wanted to get XRP. So I sent it to Binance and I was hit with a $21 network fee.
My friend said oh just send it to GDAX (which you get with Binance account) then to Binance and the same transaction fee was like $2.
Why is there such a discrepency? What sets the fee, and why is it free from coinbase to gdax, and negligible from gdax to binance, but an a$$rape from coinbase to binance? i'll eat it as a learners fee but serious what the holy hell just happened?
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