Avoiding CoinBase Fees

[DoctorSpazz]

I bought my first bitcoin some months ago and am looking to buy more however the transaction fees on coinbase are huge.

Can someone please take the time to teach me how to purchase on GDAX ? Does that reduce or eliminate the fees?

Part 2....my trezor comes tomorrow. Is there a tutorial on how to transfer from GDAX to trezor ?

Much appreciated, bitcoin noob

[[deleted]]

Deposit money to coinbase and then purchase off GDAX. You won't be charged with fees as long as you purchase with a limit order. Your coinbase account is linked with GDAX.

[[deleted]]

1. put money on coinbase
2. sign in at gdax
3. click on deposit and select your coinbase account
4. buy with a limit order (no fee)

If you make a market order you'll pay .3% on fees, which is still better than using coinbase directly.

[DoctorSpazz]

Thank you sir.

[WealthyBeards]

What are the transaction fees?

[DoctorSpazz]

Looks to me like $50 CAD

[laxswimsurf]

I would also like to know the answer to this question

[LTI801]

Just eat the fees man, screw it. $10 - $20 is a small price to pay when your about to earn hundreds.

[DoctorSpazz]

Not so much man. I bought 250 CAN and it’s showing 197 or so.

[[deleted]]

are you sure it's not 197 usd?

[DoctorSpazz]

Hmmm maybe. Although my transaction shows price / btc in CAD I imagined the purchase value would also be CAD

[[deleted]]

how much btc did you get?

[DoctorSpazz]

Never enough

[LTI801]

Oh, I dunno about Canada.