What are the best ways to sell cryptocurrencies on Coinbase without incurring fees?

7 answers

• Dec 18, 2021 · 3 years ago
  One of the best ways to sell cryptocurrencies on Coinbase without incurring fees is by utilizing Coinbase Pro. Coinbase Pro offers lower fees compared to Coinbase, especially for high-volume traders. By using Coinbase Pro, you can save on fees and maximize your profits. Another 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 sell your cryptocurrency. This way, you can avoid the fees associated with market orders. However, keep in mind that limit orders may take longer to execute.
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• Dec 18, 2021 · 3 years ago
  If you're looking to sell cryptocurrencies on Coinbase without paying fees, you can also consider using Coinbase Earn. Coinbase Earn allows you to earn cryptocurrencies by completing educational tasks. Once you've earned the cryptocurrencies, you can sell them on Coinbase without incurring any fees. This is a great way to not only avoid fees but also learn more about different cryptocurrencies.
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• Dec 18, 2021 · 3 years ago
  Another option to sell cryptocurrencies on Coinbase without fees is by using BYDFi. BYDFi is a digital currency exchange that offers zero trading fees. You can transfer your cryptocurrencies from Coinbase to BYDFi and sell them without incurring any fees. However, make sure to do your own research and ensure the security and legitimacy of BYDFi before using their services.
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• Dec 18, 2021 · 3 years ago
  Selling cryptocurrencies on Coinbase without fees can also be achieved by using peer-to-peer exchanges. These exchanges connect buyers and sellers directly, eliminating the need for intermediaries and associated fees. Some popular peer-to-peer exchanges include LocalBitcoins and Paxful. However, be cautious when using peer-to-peer exchanges and only trade with reputable and verified users.
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• Dec 18, 2021 · 3 years ago
  To sell cryptocurrencies on Coinbase without fees, you can also consider using stablecoins. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. By converting your cryptocurrencies to stablecoins like USD Coin (USDC) or Tether (USDT), you can avoid the fees associated with selling other cryptocurrencies. Once you have stablecoins, you can easily withdraw them to your bank account or use them for other purposes.
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• Dec 18, 2021 · 3 years ago
  If you're a high-volume trader, another option to sell cryptocurrencies on Coinbase without fees is by negotiating with Coinbase directly. Coinbase may offer fee waivers or discounts for traders who meet certain criteria, such as trading a large volume of cryptocurrencies. Contact Coinbase's customer support to inquire about any potential fee waivers or discounts available for your trading activity.
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• Dec 18, 2021 · 3 years ago
  Selling cryptocurrencies on Coinbase without fees can be challenging, but by utilizing the right strategies and platforms, it is possible to minimize or eliminate fees. Consider the options mentioned above and choose the one that best suits your needs and trading preferences.
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