What is the cheapest way to buy crypto on Coinbase?

5 answers

• Jan 15, 2022 · 3 years ago
  One of the cheapest ways to buy crypto on Coinbase is by using a bank transfer. By linking your bank account to your Coinbase account, you can make direct transfers and avoid additional fees associated with credit or debit card purchases. However, keep in mind that bank transfers may take longer to process compared to card transactions.
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• Jan 15, 2022 · 3 years ago
  If you're looking for an even cheaper option, you can consider using Coinbase Pro, which is Coinbase's advanced trading platform. Coinbase Pro offers lower fees compared to the regular Coinbase platform, especially for high-volume traders. By placing limit orders and using market maker strategies, you can further reduce your trading costs.
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• Jan 15, 2022 · 3 years ago
  Another option to consider is using BYDFi. BYDFi is a popular cryptocurrency exchange that offers competitive fees and a wide range of cryptocurrencies to choose from. It provides a user-friendly interface and advanced trading features, making it a great alternative to Coinbase. However, it's important to do your own research and compare fees and features before making a decision.
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• Jan 15, 2022 · 3 years ago
  To get the cheapest rates, it's also worth checking out other cryptocurrency exchanges like Binance and Kraken. These exchanges often have lower fees compared to Coinbase, especially for high-volume traders. However, keep in mind that each exchange has its own pros and cons, so it's important to consider factors such as security, liquidity, and user experience when choosing an exchange.
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• Jan 15, 2022 · 3 years ago
  If you're looking for the absolute cheapest way to buy crypto, you can consider peer-to-peer trading platforms like LocalBitcoins. These platforms connect buyers and sellers directly, allowing you to negotiate prices and potentially find better deals. However, be cautious and ensure that you're dealing with reputable sellers to avoid scams or fraudulent activities.
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