3 ms·
In my experience, Coinbase doesn't charge any fees on USDC to USD conversion. And then if you live in the right place, you could get their debit card and use yo
by yokem55 4y ago
In my experience, Coinbase doesn't charge any fees on USDC to USD conversion. And then if you live in the right place, you could get their debit card and use your funds pretty much instantly.
- jqpabc123 4y agoThere are transaction fees based on how fast you need your money. The wire fee is $25. ACH is free but can take 3-5 business days according to their web site. There are also limits on transaction amounts. Bottom line: The business case for using USDC over fiat banking is virtually nil in my opinion --- more gimmick than function. Decent credit unions have been providing similar service for years --- including debit card --- minus the crypto experience.