Basic Coinbase Trading? Question on Fees

[paramind22]

I just realized that I can do significant trades with gains on the basic Coinbase.  I trade on over 10 exchanges because of all the coins I stake which require small exchanges (Neblio, Mintcoin, Noblecoin, CompoundCoin, VersionCoin, TruckCoin, HoboNickels, Stronghands, Mintcoin, Elite (was 1337), InflationCoin, Bottlecaps, Stackbit, BitcoinTalkCoin, Stackbit, RAIN, OverpoweredCoin, and Proof of Stake coin).  But the major 10 to 15 coins are traded now on Coinbase, and so there is more security than these other exchanges plus I am thinking the fees are about the same in the light of cashing out. 

You can make trades maybe less charge per fee but when it comes to withdraw if you want to cash out, the smaller big exchanges (like Bittrex, HitBTC, and Kucoin) will take out more.

It would be great to actually have the math on this.  If you are only doing a few trades, the smaller fees may not make it a better deal to do more trading on the smaller big exchanges. (Smaller than Coinbase).

This is a strategy of looking for the volatility in the major coins and cashing out to Fiat. 

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1715203322

[Paycoinzzz]

That is the reason that makes Coinbase a reputable exchange as well as a very powerful exchange in the Crypto market. In terms of security, Coinbase seems to be at the top compared to other Big Exchanges like Binance, Huobi Global or Okex.
The Coinbase fee and interface are both really impressive for its users, but it needs to scale up to Asia in order to grow even bigger. Coinbase's biggest downside is that they limit the country to participate in Coinbase.

[AliMan]

That is the reason that makes Coinbase a reputable exchange as well as a very powerful exchange in the Crypto market. In terms of security, Coinbase seems to be at the top compared to other Big Exchanges like Binance, Huobi Global or Okex.
The Coinbase fee and interface are both really impressive for its users, but it needs to scale up to Asia in order to grow even bigger. Coinbase's biggest downside is that they limit the country to participate in Coinbase.

I guess they had a serious reasons why they're limiting the countries to do transactions with them. Most particular on asian countries, there's an occurrence of possible hacking on the system that's why some important aspects were seen before implementing this kind of rules. Though it's hard for them to impose this certain regulations, I guess it's only for the benefit of entire trading site. We must consider their conditions at first because our future begins with them during our profit times.

[baundul]

Most particular on asian countries, there's an occurrence of possible hacking on the system

Asia, here are all the restrictions. But much more profitable business is being done from here. China specializes in many things such as duplicate or hacking. On the other hand, a country like India has to pay a price for their activities. Coinbase is missing out on a lot of benefits due to the limitations here, while the people here are not able to take part in the transaction even if they want to.

[nuni13]

In choosing an exchange to trade on, fee charges is one of the factors to consider. What i do mostly is TRADE the particular coin i want to trade, then exchange to a coin with extremely low fee for withdrawal or fiat. But now Coinbase has made that even more easier.

[RealMalatesta]

They are really a high level and it was literally a news recently that "uniswap passed coinbase in volume!!" which shows you that coinbase is a milestone in crypto world. If you want to use coinbase, do not hesitate and use it, they are really highly secure, regulated, and very good at their job.

I do not use it because I am not from USA and I have my own local exchange here where I live and that is why using this place is simpler for me however I know that coinbase is 10x better and bigger than us for sure there is no doubt about that, it is just more convenient for me to use local one. All the methods and strategies used in coinbase is used in other places as well anyway so you might as well pick a place that would be a better place for your trading.

[Harriti]

I have long found Coinbase transaction fees to be very cheap and I have been using Coinbase wallet since 2018. But its real weakness is that it limits users to the majority of Asian countries. So there is no other option, I have to use Blockchain wallet. It is quite similar to Coinbase but the altcoins in Blockchain are quite few.
Either way, it was Coinbase's wrong move, and Blockchain has indeed dominated the market in Asia.

[dunfida]

I have long found Coinbase transaction fees to be very cheap and I have been using Coinbase wallet since 2018. But its real weakness is that it limits users to the majority of Asian countries. So there is no other option, I have to use Blockchain wallet. It is quite similar to Coinbase but the altcoins in Blockchain are quite few.
Either way, it was Coinbase's wrong move, and Blockchain has indeed dominated the market in Asia.

Its their choice by Coinbase and thats one of the things i dont like with them yet this do limits out most of users outside america when it comes on using up their platform.
Theyre highly centralized considering that their one of the biggest platforms at the moment even though they do have that stricter terms but still lots of them using it.
when it comes to fees then these guidelines will be helpful.

https://help.coinbase.com/en/coinbase/trading-and-funding/pricing-and-fees/fees

[usekevin]

I have long found Coinbase transaction fees to be very cheap and I have been using Coinbase wallet since 2018. But its real weakness is that it limits users to the majority of Asian countries. So there is no other option, I have to use Blockchain wallet. It is quite similar to Coinbase but the altcoins in Blockchain are quite few.
Either way, it was Coinbase's wrong move, and Blockchain has indeed dominated the market in Asia.

 

Many of trading platform had changed the transaction fee from 2017 to now. When the price of bitcoin was increased, surely it will reflect on the bitcoin transaction fee also.Some may not noted this, even ypu can check for now with localbitcoin.com incoming transaction fee.But coinbase transaction fee was lower over other trading platform from my knowledge.

[matteo_invst1]

I just realized that I can do significant trades with gains on the basic Coinbase.  I trade on over 10 exchanges because of all the coins I stake which require small exchanges (Neblio, Mintcoin, Noblecoin, CompoundCoin, VersionCoin, TruckCoin, HoboNickels, Stronghands, Mintcoin, Elite (was 1337), InflationCoin, Bottlecaps, Stackbit, BitcoinTalkCoin, Stackbit, RAIN, OverpoweredCoin, and Proof of Stake coin).  But the major 10 to 15 coins are traded now on Coinbase, and so there is more security than these other exchanges plus I am thinking the fees are about the same in the light of cashing out. 

You can make trades maybe less charge per fee but when it comes to withdraw if you want to cash out, the smaller big exchanges (like Bittrex, HitBTC, and Kucoin) will take out more.

It would be great to actually have the math on this.  If you are only doing a few trades, the smaller fees may not make it a better deal to do more trading on the smaller big exchanges. (Smaller than Coinbase).

This is a strategy of looking for the volatility in the major coins and cashing out to Fiat. 

Why using Centralized Exchanges like Coinbase, Binance when you can trade on Decenterlized ones?
Stakenet's DEX makes instant trade possible using Lightning Network + Connext Network. With low fees, which feels like CEX.
Our first reason for investing in cryptocurrency is freedom, but using CEX doesn't change anything about the free economy. Start using DEX.

[aemma]

There are many exchanges in the crypto space now and many are still coming up but however it is obvious that the already existing ones which has grown to fame are not taking any chances thus working hard to maintain their users in whichever they can. Also, I think people use particular exchanges for particular reasons, where some will use an exchange because of no KYC but with 24hour limit, others don't mind doing KYC in order to trade they way they want, in the same way, some people use a particular because they are limited. So I think everything centers on the opportunity and personal preferences; exchanges like Binance makes trading easy through removing KYC but placing a withdrawal limit on it, they also support a lot of countries, therefore in my own case I find them better. Lastly, when it comes to withdrawal, I usually convert to USDT and withdraw through Tron network, unless it is a particular token I need to hold, then I pay the needed fees.