[deleted] 2 yr. ago You got it! Fine with holding shorter term in Coinbase, that use for purchasing NFTs, but since pay fee to buy crypto, hate to pay fee again to just move it to my ledger wallet. Itll probably more expensive to use Coinbase to withdraw, but it will be the fastest. Also, Ive been looking at SwissBorg. Also, theres some cool stuff out there to safely store the seed/passphrase. LiteCoin LTC 9. They service all states I believe and their fees are perhaps even lower than binance.us. When you look over the Coinbase user agreement, you might find that the fees are a bit confusing, to say the least. This is from a couple of years ago, but now they say no longer allow do business w US customers. Cookie Notice Hey guys new to Kucoin and was seeing if its easy to transfer anything to Coinbase. In your personal wallet, you generally get to decide how high of rate youd want to pay for faster or slower confirmations. I am sure you will not be charged more down the road you already paid the .00002699 to move the BTC out and now youre coin is safe in your wallet. This could be a good way to avoid losing some of your investment. Cheapest Way to Transfer Money to Kucoin TRON (TRX) Tron is one of the cheapest networks you can use to move assets through and charges a flat rate $1 transaction fee which saves the hassle of calculating how much you are going to pay or trying to figure out whether it is worth it or not. eToro USA LLC: Investments are subject to market risk. I do think ETH has big moon potential still since its usually a market cycle behind BTC. Would you take that chance or what do you suggest I do when I return home. I can help because Ive been in your shoes before! Please help! Buy USDcoin with bank direct and convert to whatever crypto you want. Hey Mike! So, I want to move the money over to Binance but as a coin. My assumption is the email address you send it to will get an alert that you sent it to them. DISCLAIMER: Crypto Chronicle exists to thought provoke and learn from the community. Thanks. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID), How to Transfer Bitcoin and Ether (& other coins) Between Coinbase and Binance, How To Transfer Bitcoin from Coinbase to Kraken. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee. 1. 4. But I am not a financial advisor nor is this financial advice its just what I personally do when researching for best gains. I started investing in cryptocurrency in early 2014. What are you trying to transfer out? Thank you. Hey Bhavesh! Get the latest news and insights from the crypto world. if say I only had $500 in my portfolio..all in litecoins say,doesnt it cost me more then I would averagely profit in an average day just in fees alone? Also, the cost is the same whether you send it to KuCoin or Binance.us or Gemini. Cheapest way to transfer from Coinbase to Kucoin? Personally, I do not trade on CBP anymore. His focus is mainly about how crypto currencies could be the key towards financial freedom not just individually but also globally. I have definitely left some spare change on CB. Normally, I tell people to use Binance where available but their withdrawal rates can be high so in your situation, it wouldnt make sense. I use Gemini here and there in certain situations. I believe charges are double? I couldnt find that particular detail in their terms anywhere. With a passion for trying out new shiny things, Jack is always eager to try the latest crypto exchanges, wallets or DeFi applications. Found out I couldnt trade or withdraw so I did a deposit again of $300 and they took their $200 and left my account locked. What would be the best way to move the money over, I sold half of my position in BTC last week when it hit 40K (very happy about that). The login page will open in a new tab. Glad to hear it! Seems that Gemini charges a percentage on the spread, instead the others charge based on the amount of transaction. However, the stolen $40 million was backed and covered by Binance so no one lost any coin besides Binance themselves. Exchange to XLM and send to coinbase for cheap fees. I think the SAFEST thing to do is buy from Coinbase and pay the withdrawal fee as you are now. He first learned about crypto in 2013 and has been a full-time crypto person since 2016. If you have a high enough trading volume, you can avoid some of the higher rate fees involved for lower purchases. Kucoin Deposit, Trading & Withdrawal fees - CryptoFeeSaver How much in fees cost to get the cash from Bitcoin in Dubai ? Say Id like to transfer from Coinbase to, say, Binance. Sam is a personal finance writer. I did read something about using BNB to pay for fees, but I dont know if that would work with ERC20 based tokens. Hello Ryan, I see you were charged $1.35 to move 1BTC out of Coinbase. What does this mean? I am trying to deposit USDT to Kucoin - Reddit Now personally, I would buy them a hardware wallet and put them $50 or whatever on it. Thanks! You can use fiat currency (like USD) to purchase cryptocurrency with Coinbase. 1.49% is the same as Coinbase correct? Another way to earn interest on your crypto is to lend it to other users. And, 2) What are the fees for selling the Ethereum? One of the basic fees associated with crypto are buying fees. At present that 0.0005btc is about $30 (and growing), which is manyfold what you will pay on either Coinbase platform in your $100 withdrawal value example. After logging in you can close it and return to this page. Coinbase offers both there normal trading platform, (which is actually more of a brokerage) and Coinbase Pro which is for more advanced trading. However, you will have to pay the miners to authenticate the transaction when sending the coin on the blockchain from your wallet to Coinbase. Let me show you below. I stick with Binance.us and Kraken. Cheers! Thank you. Can you think of any other options besides Coinbase that I should consider? Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Yes, there is a network fee to send/withdraw all cryptocurrencies. Network fees are extremely high across the board right! With that added fee, your full total for the transaction will end up being $100, but you will only get $97.01 worth of BTC at the current market price. Well done! It is the main go-to for people who like to invest in cryptocurrency. Hey Ryan, looks like you actually cannot send from coinbase to coinbase pro. Hello Ryan. I am very unhappy with Coinbase Pro at the moment. does coinbase or coinbase pro charge a fee to send to kucoin? However, there is simply a fee to use your money to buy Bitcoin. This was a great site, very informative. Do you have any opinion about them? Sorry to hear about this! On Coinbase, when you send crypto to someones email, is it tied to the original sender in any way? Here we will write the address we just got from Coinbase - pick the coin we want to pick and enter the amount we want to send. Am I doing something wrong? Here is an example of a $100 BTC purchase while paying from a bank account: <img class=lazy src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20300%2091'%3E%3C/svg%3E" data-src=https://cryptoryancy.com/wp-content/uploads/2018/10/Screen-Shot-2019-06-26-at-6.39.34-PM-300x91.png alt="Coinbase Fee Transaction Example" width=300 height=91> $1000 BTC purchase while paying from a bank account: <img class=lazy src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20300%2091'%3E%3C/svg%3E" data-src=https://cryptoryancy.com/wp-content/uploads/2018/10/Screen-Shot-2019-06-26-at-6.50.15-PM-300x91.png alt="Coinbase Fee Transaction" width=300 height=91> $100 BTC purchase while paying from a debit card: <img class=lazy src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20300%2093'%3E%3C/svg%3E" data-src=https://cryptoryancy.com/wp-content/uploads/2018/10/Screen-Shot-2019-06-26-at-6.53.48-PM-300x93.png alt="Coinbase Fee Example" width=300 height=93> These fees are always subject to change and can vary depending on your location and financial institution. Only issue is potential tax implications (at least here in the US). I would like to earn the Algo APY while I sit on that coin. 1. How To Transfer Crypto (BTC, ETH, ADA etc) From Kraken to Binance? I purchase BTC, ETH, USDC, and SOL weekly in $10-20 increments each. I want to send $3000 US$$$ Bitcoin to a person in Dubaiusing RockitCoin here in the USA. That is also the amount you will see applied for your payment method of choice. Is the procedure to transfer from Coinbase Vault, where I have my coins stored, to Coinbase Wallet, then to Coinbase Pro, then from Coinbase Pro to my Ledger Nano S, and from there to Binance? You mentioned the tax implications in the article but didnt go into much detail (understandable). For example, I am a fan of using XLM for transferring between wallets since its so cheap and fast. This is definitely a scam! If you're a renter, it's always a good idea to get a renters insurance policy. The average withdrawal transaction fees are $8.85 for all coins. Any help would be appreciated. I dumped $100K into BTC, ETH, and LTC awhile back and now its worth around $500Kbut the fees to get it out of Coinbase Pro are absolutely ridiculous. Unfortunately, I dont think you can buy BTC on Etrade, but you can with Robinhood or Cash app.. or even Paypal. If you buy a $47k BTC, thats a $700 fee unless Im reading this incorrectly. When performing a withdrawal from KuCoin, you will be asked for an external address. 12 Cheapest Crypto to Transfer to Your Wallet (Lowest Fees) - CoinWire Love any suggestions you could offer. Just playing around and getting a feel of dealing. Binance was hacked a while back, which caused a lot of distrust of the platform. It is the same as Coinbase, when youre NOT using Active Trader mode. And they can add up, especially if you use the service often. The maker/taker fees are one of the lowest in the industry right now when you have Active Trader enabled. Coinbase is the best fiat gateway for investors in the United States. If youre on your desktop, click the blue buy/sell and then pay with and then pick your USD funds vs. your checking/savings. How do I transfer all of my crypto from Coinbase to Coinbase Pro without leaving micro amounts. This is especially true with things like with spread fees since your trades will be happening much faster. Theres no fee to own BTC just fees to trade and transfer BTC. I followed every step from an instructional YouTube video. Thank you very much in advance for your attention and your time. I found I have a tiny amount of Bitcoin in Binance. From my understanding, Coinbase doesnt charge a fee to transfer to a different Coinbase wallet, BUT you do have to pay the network fee to withdraw from Coinbase and send to a wallet off the exchange. Seeing as you cant deposit funds without a registered account, this shouldnt be a problem! You then need to copy-paste your Shiba wallet address from Coinbase and paste it into Kucoin. Im totally new to crypto and have spent all night reading on what we should do. However I just dont speak the language and am Easily overwhelmed. After I put in the amount, nothing happens and I dont see any other button to click. Thanks. Thats the fee that Coinbase paid to transfer your coins to your Ledger. I wanted to know how I could buy bitcoins from Coinbase Pro rather than buying from coinbase. Once you have created a Coinbase account and copied the wallet's address for the desired crypto, you are ready to perform your transfer. Youll ever need to transfer it out and pay the mining fee (if you plan to hold it) or youll exchange it to cash for a fee to withdraw to your bank account. It is very helpful! BUT since you have a ledger, might as well store it there vs. Coinbase if thats the case. If not, get one now so to keep your coins safe! There will also be a fee to sell the coin, but NO fee to withdraw your cash to your bank account. Click on the withdraw button on the right side of the coin you want to transfer over to Coinbase. Instead, you have to buy it via the Kucoin Exchange. Only their value in Euros or Dollars changes (increases or decreases). How can I lower this if it is a percentage because thats is a large percentage just to send $180 worth of crypto. And when your purchases are smaller, there is a flat fee charged. But for now, heres the breakdownGemini is cheaper than Coinbase and Binance is cheaper than Gemini. You cannot connect a bank account to your KuCoin account. Basically, you can withdraw for free up to 10 times a month. Ive been charged mining fees. I dont trust Binance.us theyre so many ppl locked out for numerous reasons like myself, I made a deposit of $200 It was in my account to Binance.us I bought some BNB, next day they said they werent able to withdraw the $200 from my bank which I brushed off as an error bc there shouldnt of been a problem. The fee to transfer funds on Ethereum or USDT from KuCoin is currently $25. The fees charged by Coinbase are pretty high. I am a baby boomer and curious about crypto. And the fees are vastly different between the two. Now apparently I made 50k with that investment but the person who invited me to invest is asking me to pay 10% of those 50k in commissions but she is saying that I have to pay 5k out of pocket. Buy Coinbase stock for a 35% return. Table of Contents 12. It depends on your goals, but generally, Im usully trading coins to gain more of my main investments like BTC, ETH, LINK, DOT, AVAX, XLM, and more. After you log in to your Coinbase account, you will see your dashboard. Might help if you explain how to to use trading pair to do so and thank you for all your info I havent seen anyone help without asking for a subscription or price . Go to wallet icon in the top right corner, select main account and once you have entered the main account, search for Shiba. I cant transfer it out as crypto, and they only work w one US bank for transferring fiat. Youll always need to consider the fees when determining profits. Eventually there might be atomic swaps for free off the exchanges. You have successfully sent 0.09115443 ETH to 0xCd17d2..You can view transaction details in your Coinbase account. In most peoples eyes, this is way too expensive of a fee to send crypto. They key is not do instant buys and purchase in the market to save on fees. You just get charged on the base currency/coin like USD, BTC, ETH, etc. I ask because Coinbase estimates the fee and usually its on the low end. Thats correct just convert it for GDP. I currently have BNB and what would be the best method to get this done? If you plan to make some gains like .9%, I recommend moving over to Binance since their fees are so much lower. Win Up To 12 Free Stocks Worth Up To $3,000 EachDownload Great article, but still not sure if there is a no fee way to transfer my crypto from coinbase to my ledger wallet. Tether (USDT) | Coinbase Help In general, I only hold coins in my ledger or trezor (and now SecurX V20) when Im holding them 3 months or longer since fees can add up. Question, I would like to accept crypto as a form of donation for my non-profit, what would you suggest to minimize the transaction fee? Free $10 Bonus When You Invest $5+Download. Im writing a blog article about it right now. Personally, I pay close attention to taxable events (and potential tax harvesting) so there are no April surprises for wife and me. GDAX is simply Coinbase's exchange. When trading on cryptocurrency exchanges like Coinbase Pro, you should be aware of maker and taker fees. What am I missing? Coinbase Pro has the same security features as the normal Coinbase platform. Coinbase, the first cryptocurrency exchange, is a popular choice for many. We paste the address we took from Coinbase on this form. Coinbase To KuCoin: How To Transfer Funds From Coinbase To KuCoin? I do have a new article coming out soon directly talking about Coinbase Pro vs. Binance. The time has come- whether youve made some crypto profits or your KuCoin account has taken a beating, youre ready to move your funds back to your Coinbase account. I ask because if youre holding long-term, I would buy the BTC from an exchange and then move it to a hardware wallet for safekeeping. ETRADE stopped charging fees to buy or sell stocks. If youre converting to fiat or stable coin (to buy back later or trade/reinvest), get the crypto over to Binance.us since the fees are much lower. What Im doing right now is stocking up on my ERC20 coins and waiting to bulk withdraw them from Binance or Coinbase when fees are lower or when I have enough to justify the network fee to withdraw. How about the costs when tradingexchanging one coin for another. Until Binance is an option, do you recommend Coinbase Pro or something else? Also, the fees charged by your KuCoin account will vary on what level of KYC youve completed. The Complete Guide to Coinbase Fees (and How to Avoid Them) - CryptoRyancy Youll need to decide on your withdrawal form- whichever crypto youre going to use to send your funds off of KuCoin. Convert 250 tether to USD it wanted almost $100 in eth!!! How To Transfer Coins From Binance To Trezor? Purchase cryptocurrency wisely and make sure to get the best deal when you make your initial crypto investment using fiat currencies. What did I do wrong to get charged so much ? I am at the beginning of journey and learning.. Can you help with these two questions please: 1) For small amounts of ETH from coinbase I have realized I am paying at least $25 for each transaction.