I currently use coinbase.
which bitcoin exchange site has the lowest fees?
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chacharu33SBR Hustler
- 04-01-15
- 60
#1which bitcoin exchange site has the lowest fees?Tags: None -
Nittany LionSBR MVP
- 09-14-10
- 1639
#2Originally posted by chacharu33I currently use coinbase.Comment -
Buffalo NickleSBR MVP
- 11-12-14
- 3228
#3Circle is free.Comment -
cincySBR Sharp
- 09-30-07
- 403
#4Great question about which bitcoin company has the lowest fees. I hope we get some more answers from the bitcoin experts. I have used coinbase and paid them over $1000 in fees because they charge 1% to transfer from bank to them and 1% to transfer back to the bank. So I heard circle has no fees for these bank transfers but after you open the account they cut your limits to $300 per 7 days. So Circle is useless for my volume levels. I want to send about 50k from Blockchain to a bitcoin account that I can then send to my bank for the lowest fees. I see the bitpay website says no fees for 30 day trial account but they also limit you to $1000 per day so I’m not sure how my bank will like seeing a $1000 transaction every day for 30 days if I open a bitpay account.
Are there any other bitcoin websites that have a lower fee to transfer back to a bank than 1% and if so what are their limits. Thanks.
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YellowCuriousSBR High Roller
- 10-21-12
- 176
#5What is the limits for coinbase? I too find the $300 limit for Circle very restricting. The fact that you can only deposit or withdraw $300 a week is worthless. Why use bitcoin if that's the case.Comment -
KaabeeSBR MVP
- 01-21-06
- 2482
#6I quickly achieved $50,000 buy/sell limits on Coinbase. I think right after the first purchase went through.Comment -
YellowCuriousSBR High Roller
- 10-21-12
- 176
#7Thank you KaabeeComment -
HappyHoundsSBR Rookie
- 09-30-15
- 46
#8Coinbase and Circle aren't really true exchanges. You'll get killed with fees at Coinbase in the long-run in my opinion. Circle is nice for selling off BTC as their price is usually pretty nice
Look into BitStamp, BitFinex, or Coinsetter for exchanges. 0.25% fee is going to be the high end. .1% on the low end.Comment
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