What are some strategies to avoid fees on Coinbase Pro?

4 answers

• Dec 16, 2021 · 3 years ago
  Certainly! One strategy to avoid fees on Coinbase Pro is to use limit orders instead of market orders. By placing a limit order, you can specify the price at which you want to buy or sell, and if the market reaches that price, your order will be executed. This way, you can avoid paying the additional fees associated with market orders.
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• Dec 16, 2021 · 3 years ago
  Another effective strategy is to take advantage of Coinbase Pro's maker-taker fee structure. If you place a limit order that adds liquidity to the order book (maker), you will be charged a lower fee compared to taking liquidity from the order book (taker). By strategically placing limit orders, you can reduce your overall fees.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a fee rebate program for active traders. By trading on BYDFi, you can earn a portion of your trading fees back as a rebate. This can help offset the fees you incur on Coinbase Pro. Additionally, BYDFi offers competitive fee rates, making it a viable alternative to Coinbase Pro.
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• Dec 16, 2021 · 3 years ago
  One more strategy to consider is to consolidate your trades and minimize the number of transactions you make on Coinbase Pro. By batching your trades and executing them in larger volumes, you can reduce the overall fees you pay. However, make sure to consider the market conditions and potential price fluctuations before executing large trades.
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