How can I avoid high fees when using Coinbase with ACH transfers?
Nisitha LakshanDec 25, 2021 · 3 years ago3 answers
I'm looking for ways to minimize the fees when using Coinbase with ACH transfers. Are there any strategies or tips that can help me avoid high fees?
3 answers
- Dec 25, 2021 · 3 years agoOne way to avoid high fees when using Coinbase with ACH transfers is to consider using other cryptocurrency exchanges. While Coinbase is a popular choice for many, it's not the only option out there. By exploring other exchanges, you may find lower fees or even fee-free options for ACH transfers. Some popular alternatives to Coinbase include Binance, Kraken, and Gemini. Make sure to compare the fees and features of different exchanges before making a decision.
- Dec 25, 2021 · 3 years agoAnother strategy to avoid high fees when using Coinbase with ACH transfers is to take advantage of Coinbase's fee structure. Coinbase charges a percentage-based fee for ACH transfers, which means that the higher the transfer amount, the higher the fee. To minimize fees, consider making smaller, more frequent transfers instead of one large transfer. This way, you'll be charged a lower fee for each individual transfer.
- Dec 25, 2021 · 3 years agoAt BYDFi, we understand the frustration of high fees when using Coinbase with ACH transfers. That's why we offer a fee-free alternative for ACH transfers. With BYDFi, you can enjoy the convenience of ACH transfers without worrying about excessive fees. Our platform is designed to provide a seamless and cost-effective experience for cryptocurrency users. Give BYDFi a try and see how you can avoid high fees when using ACH transfers.
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