3 ms·

So basically coinbase needs competitors on transaction fee prices

• Tenoke 6y ago
  It has a competitor, it's just sadly afraid of being in the US so it pulled out most of its offerings from there recently. Only Coinbase gets the preferential treatment. Binance has 9x the volume of Coinbase, 5-10 times less fees, much more offerings and its 'stock' is at least an actual cryptocurrency rather than a US IPO. >I was wrong, spending about $1,200 on those trades at a commission rate of 1.49%. Anyway, the author could've had 0.50% fees even on Coinbase (still 5x higher than the lowest Binance fees) by switching to Pro which is free. The author for some reason thinks "it wasn't worth the effort". Well, if you don't want to spend the 10 minutes to use the market rather than the 1click solution, I dont see how its the exchange's fault.
  • bradstewart 6y ago
    Yea I really don't understand this. Coinbase makes it extremely easy to setup Pro and transfer/share funds from your non-Pro accounts.
  • ur-whale 6y ago
    >It has a competitor, it's just sadly afraid of being in the US Protectionism at its finest.
• deleted 6y ago
  [deleted]
• rglullis 6y ago
  It has. One of them is called Coinbase Pro.