7 ms·
Lack of competition? Outside of the US you get 5+ times lower fees with an exchange with 9x the volume and offerings (Binance). Even in the US you can use e.g.
by Tenoke 6y ago
Lack of competition? Outside of the US you get 5+ times lower fees with an exchange with 9x the volume and offerings (Binance). Even in the US you can use e.g. Kraken which has lower fees.
This author in particular didn't think it 'was worth the effort' to even use the actual market which offers 0.50% fees on Coinbase and went with the 1click solution that charges 1.49% for the convenience.
- Cthulhu_ 6y agoI also have an account on Kraken and for a layperson, it's really difficult to find out how much of what I have. For example. I can't get along with its UI. Coinbase however makes things super trivial / easy. It's a convenience fee.