Coinbase fees?

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  • BigDofBA
    SBR Posting Legend
    • 09-30-09
    • 19313

    #1
    Coinbase fees?
    What is the fee to send money now?

    I just transferred 30 to another wallet and it took like half of it from me. WTH
  • mrpapageorgio
    SBR MVP
    • 09-07-17
    • 2974

    #2
    Originally posted by BigDofBA
    What is the fee to send money now?

    I just transferred 30 to another wallet and it took like half of it from me. WTH
    None if you transfer it through GDAX
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61163

      #3
      Originally posted by BigDofBA
      What is the fee to send money now?

      I just transferred 30 to another wallet and it took like half of it from me. WTH
      ~$15 is what the miners fee is now
      .
      Comment
      • BigDofBA
        SBR Posting Legend
        • 09-30-09
        • 19313

        #4
        Originally posted by mrpapageorgio
        None if you transfer it through GDAX
        Can’t I get my funds out of Coinbase and into GDAX with moitnthe $15 fee?
        Comment
        • BigDofBA
          SBR Posting Legend
          • 09-30-09
          • 19313

          #5
          I figured out how to get my bitcoin into GDAX but it’s impossible to get the funds from GDAX to a book.
          Comment
          • BigDofBA
            SBR Posting Legend
            • 09-30-09
            • 19313

            #6
            Ok. Got it. I’m such a noob.
            Comment
            • element113xx
              SBR Sharp
              • 12-31-17
              • 463

              #7
              How did u do it ? Curious im still learning?
              I have both Coinbase and gdax. Do I just send money from Coinbase to gdax then gdax to a wallet?
              Comment
              • mrpapageorgio
                SBR MVP
                • 09-07-17
                • 2974

                #8
                Originally posted by element113xx
                How did u do it ? Curious im still learning?
                I have both Coinbase and gdax. Do I just send money from Coinbase to gdax then gdax to a wallet?
                Correct. (Assuming you mean to send a crypto like BTC) Login to GDAX using your Coinbase credentials, under BTC/USD, click deposit and select from Coinbase and enter the amount. Then click withdraw and it should have a tab to an external wallet. Enter the amount and the wallet address and transfer.

                If you're trying to buy crypto from GDAX, do everything above to deposit except with USD, then go ahead and do a market order or limit order.
                Last edited by mrpapageorgio; 01-13-18, 10:07 AM.
                Comment
                • BigDofBA
                  SBR Posting Legend
                  • 09-30-09
                  • 19313

                  #9
                  Everyone should be using GDAX. I wasted a lot in fees until I learned this.
                  Comment
                  • element113xx
                    SBR Sharp
                    • 12-31-17
                    • 463

                    #10
                    Sorry for being a newb but I want to buy the coins instant with my cc. If I buy them on coinbase how do I send them to gdax, where do I find the gdax address?
                    Comment
                    • mrpapageorgio
                      SBR MVP
                      • 09-07-17
                      • 2974

                      #11
                      Originally posted by element113xx
                      Sorry for being a newb but I want to buy the coins instant with my cc. If I buy them on coinbase how do I send them to gdax, where do I find the gdax address?
                      You first buy them on Coinbase with your credit card, then login to GDAX using your Coinbase credentials and follow the instructions posted earlier.
                      Comment
                      • THE POSTMAN!
                        SBR Hustler
                        • 03-31-07
                        • 97

                        #12
                        So u have to send from GDAX to the wallet (i.e. blockchain) , before sending to the sportsbook?
                        Comment
                        • mrpapageorgio
                          SBR MVP
                          • 09-07-17
                          • 2974

                          #13
                          Originally posted by THE POSTMAN!
                          So u have to send from GDAX to the wallet (i.e. blockchain) , before sending to the sportsbook?
                          You don't HAVE to, but you're opening up the risk of your Coinbase/GDAX account getting shut down if they detect you're sending/receiving funds for gambling (and it has happened). That's why people use Blockchain as an intermediary since CB is sending/receiving from a private wallet which masks the transactions.
                          Last edited by mrpapageorgio; 01-14-18, 02:06 PM.
                          Comment
                          • Yjacket22``
                            SBR Hustler
                            • 02-03-18
                            • 82

                            #14
                            I'm done with coinbase. Fees are outrageous. They charge you to buy it, to send it, to receive it, and to sell it. GDAX can't verify my identity for some strange reason. Don't know why, I've lived in one area all my days. Gosh how I miss the pre 2007 era where you could send and receive through netteller for free and get all the payouts you wanted. You could even get a small payout for like $20 for free. yes, I sure miss those days.
                            Comment
                            • hustlehard617
                              SBR Wise Guy
                              • 01-05-12
                              • 574

                              #15
                              Has anyone bought bitcoin through the cash app yet ?
                              Comment
                              • mrpapageorgio
                                SBR MVP
                                • 09-07-17
                                • 2974

                                #16
                                Originally posted by hustlehard617
                                Has anyone bought bitcoin through the cash app yet ?
                                I have. Getting verified to withdraw took longer than expected and the first few transactions took a long time (over a day sometimes). Lately they've been 90 minutes or less so I have few complaints with them now.
                                Comment
                                • BigDofBA
                                  SBR Posting Legend
                                  • 09-30-09
                                  • 19313

                                  #17
                                  We need more options.

                                  I quit using Blockchain as an intermediary because of the damn feea
                                  Comment
                                  • mrpapageorgio
                                    SBR MVP
                                    • 09-07-17
                                    • 2974

                                    #18
                                    Originally posted by BigDofBA
                                    We need more options.

                                    I quit using Blockchain as an intermediary because of the damn feea
                                    Until they put in Segwit, it's going to be expensive using them. I finally got a Ledger Nano S, which supports Segwit and haven't had much of an issue sending through them as long as I customize the fee. They overestimate the fee if you go with standard, but looking up the fees I can pay much less.
                                    Comment
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