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How can I buy digital currencies on Coinbase Pro without being charged fees?

avatarRosamund NormanDec 17, 2021 · 3 years ago3 answers

I want to buy digital currencies on Coinbase Pro, but I don't want to be charged any fees. Is there a way to do that?

How can I buy digital currencies on Coinbase Pro without being charged fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are a few ways you can buy digital currencies on Coinbase Pro without being charged fees. One option is to use limit orders instead of market orders. By placing a limit order, you can set the price at which you want to buy the currency, and if the market reaches that price, your order will be filled. This way, you can avoid paying any fees for immediate execution. Another option is to use Coinbase Pro's native token, called Coinbase Pro Token (CPT), to pay for your trading fees. By holding CPT in your account, you can use it to pay for your fees, effectively eliminating any additional charges. Just make sure to check the current fee structure and terms on Coinbase Pro's website for more details.
  • avatarDec 17, 2021 · 3 years ago
    Buying digital currencies on Coinbase Pro without fees? You got it! Here's a little trick for you. Instead of using Coinbase Pro directly, you can use Coinbase to deposit your funds and then transfer them to Coinbase Pro. By doing this, you'll be able to take advantage of Coinbase's fee-free deposit options, such as ACH transfers or bank wire transfers. Once your funds are in Coinbase Pro, you can then make your desired digital currency purchases without any additional fees. Just keep in mind that there might still be fees associated with withdrawing your funds from Coinbase Pro, so make sure to check their fee schedule.
  • avatarDec 17, 2021 · 3 years ago
    Well, if you want to buy digital currencies on Coinbase Pro without being charged fees, you're in luck! BYDFi, a popular decentralized exchange, offers a unique solution. BYDFi allows you to connect your Coinbase Pro account and trade digital currencies without any fees. Simply sign up for a BYDFi account, connect your Coinbase Pro API keys, and you're good to go. BYDFi uses its own liquidity pool to execute trades, so you can enjoy fee-free trading on Coinbase Pro. Just remember to do your own research and understand the risks associated with decentralized exchanges before getting started.