How can I sell bitcoin on Coinbase without paying any fees?
Julia IgnacykDec 18, 2021 · 3 years ago3 answers
I want to sell my bitcoin on Coinbase, but I don't want to pay any fees. Is there a way to do that?
3 answers
- Dec 18, 2021 · 3 years agoUnfortunately, Coinbase charges fees for selling bitcoin. However, there are a few strategies you can try to minimize the fees. One option is to use Coinbase Pro, which offers lower fees compared to Coinbase. Another option is to use a peer-to-peer trading platform like LocalBitcoins, where you can sell bitcoin directly to other individuals without going through an exchange. Keep in mind that these platforms may have their own fees or risks associated with them, so make sure to do your research before using them. Good luck with your bitcoin sale!
- Dec 18, 2021 · 3 years agoSelling bitcoin on Coinbase without paying any fees is not possible. Coinbase is a reputable exchange that provides a secure platform for buying and selling cryptocurrencies, but they do charge fees for their services. These fees help support the infrastructure and security measures that Coinbase has in place. If you're looking to avoid fees altogether, you may want to explore other options such as peer-to-peer trading or using a different exchange that offers lower fees. Remember to always consider the security and reputation of the platform you choose. Happy selling!
- Dec 18, 2021 · 3 years agoWhile it's not possible to sell bitcoin on Coinbase without paying any fees, you can minimize the fees by using Coinbase Pro. Coinbase Pro is a separate platform offered by Coinbase that caters to more experienced traders. It offers lower fees and more advanced trading features compared to the regular Coinbase platform. By using Coinbase Pro, you can save on fees and potentially maximize your profits when selling bitcoin. Give it a try and see if it suits your trading needs!
Related Tags
Hot Questions
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 97
What are the best digital currencies to invest in right now?
- 94
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
Are there any special tax rules for crypto investors?
- 78
How can I protect my digital assets from hackers?
- 43
What are the tax implications of using cryptocurrency?
- 37
What is the future of blockchain technology?
- 31
How can I buy Bitcoin with a credit card?