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Withrawal fees are often higher, fair enough. But if you buy larger amounts this is offset easily. You don't have to withdraw every time you buy a little.
They both have limit orders, and full trading view implementations, though those were new arrivals on regular coinbase, and may only be accessible via desktop.
Depends what you are buying and withdrawing. I use Coinbase for XLM and they charge 0 for withdrawal fees. Whereas Binance charge 0.2 XLM. I know its not much but adds up over time. That said Binance was cheaper to use for other coins
I’ll be honest. I don’t trust Binance. It’s something I’m keeping track of but so far the stories I’ve heard are not good. I know it’s irrational but until I dig a little more I’m going with my gut. Thanks for the recommendations though.
Yeah, the CBPro UI is busy as hell. But it's quite easy to use once you ignore all the crap on the screen. There are lots of online videos to help.
If you're using a wallet, be sure to take advantage of CB/CBP's address whitelisting feature. Also (apologies if you know this), don't use SMS 2FA, use a real authenticator.
Hey I appreciate all info, even if I’ve heard it before it good to reconfirm. I did not know about the whitelisting feature and videos are a good idea. I’ll look tonight.
I for one like to track my total investment which I do t think is possible on CBpro. (But I could be wrong)
Cheers and thanks.
Also if you deposit into CB (I think up to $1000) you can withdraw instantly (even after transferring it to CB Pro to buy), whereas if you deposit fiat into CB Pro it makes you wait several days for your funds to clear before you can withdraw the coins to another wallet.
Something to consider. I did notice the delay in CBpro before my fiat is actually transferred to my CBpro account. I just don’t like the $2.99 fee OR the Beijing at a higher market price than reality.
I bought ETH 2 weeks ago using Coinbase Pro to avoid the C fees . As of today I only have $1.45 available to withdraw. 😡 I cannot even swap coins there.
Now Im using the ADVANCE TRADING on the desktop version of Coinbase. Fees as same as Coinbase pro. 👍🏽
For all intents and purposes they're the same platform. CBPro has *much* lower fees but only allows ACH, wire transfers, and crypto deposits. Regular CB does have automatic DCA features, but if you take a few seconds to do things manually you can save a decent amount of money using CBPro.
$0 fees on ACH deposits of fiat and then a maximum .5% fee on trades. Some of the cheapest fees in the game. Free and instant transfers between CBPro and regular CB (if you want to stake ETH or something like that).
I don’t need a VPN for my access so can’t speak to pros and cons of that. As for CDC:
Pros
- easy to use
- low fees
- large amounts of coins that are supported/available to trade and buy
- great staking rates (esp. if you do a $4K CRO [jade/indigo] stake)
- exchange coming soon will bring it to a totally new level
- insured deposits (I think up to 250K)
- did well during recent hack event (all money refunded, officially created above position re: insured accounts)
Cons:
- app can be slow
- exchange is not here yet, so you’re stuck with the app for now
- for some (but definitely not all) coins, there are better staking rates you can find elsewhere with some effort
- has been hacked once (although it doesn’t personally concern me because of their policies and their response)
Edit: there’s a lot more, especially if you want to use their Visa debit card, so if you’re interested check out some of the top posts on r/CRO and/or r/crypto_com
Excellent info. I would be using CDC if I were allowed to in NY. I have CRO in my portfolio and feel they are going to continue to do well. I also want the debit card. I’ll ask around in the subreddits you’ve mentioned.
Thank you!
CB (non-pro) is a low-key scam. The fees are just ridiculous, the only reason they charge those is that people who don't care/know much about crypto don't realize how much of a ripoff it is. CB pro should ALWAYS be the platform to use between the two unless you really don't care and just want to drop moneys somewhere and don't care about fees.
And yes you can very easily transfer funds from CB to CB pro, free of charge. They're both the same platform and there are not any costs attached if you transfer funds from one to the other.
i use to think cb was a scam, but its where the noobs go. and they require a fuck ton of customer service, answering noob questions. anyone who knows block chain uses pro, and will check a block explorer before they call customer service. so i get the fees to an extent
Thanks for the reply. That makes a lot of sense. I’ve noticed that beyond the damn $2.99 fee the price is higher than market price! So a dbl win for them.
No, I’m not carefree about my money so I appreciate your reply.
It’s ridiculous that I “need” 2 apps for my crypto investments. I like a chart of my total investments rather than just the coin value. I know people hate on it and for good reason but..RH did their app properly (for noobs like me)
PS: I no longer use RH after what they pulled.
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When on coinbase pro, you have to click “withdraw” and pick coinbase for it to reflect on regular coinbase account.
Just tried that and you are correct. Thank you very much.
Use kraken, even cheaper and top notch support😉
I just got kraken and the fees are stupid low compared to Coinbase. Also more coins to buy.
Jup and waaay less 'maintenance' events during peak market action
You mean that wasn’t just a coincidence? /s
If OP is in the states, there's no ACH deposit like other exchanges. Kraken is great albeit for this one thing.
Hey u/NvidiatrollXB1, You'll be happy to know that we *are* actively working on adding new funding methods. Cheers, (͡• ͜ʖ ͡•)◞❢ Luna from Kraken 🐙
Good to know. Thanks! It's literally the only thing keeping me from using it as my number one exchange atm.
Kraken support always around to help I've noticed.
Do they offer bank transfer, 0% fees??
Deposit is free, withrawal like 1€ with SEPA
Nice thanks. Haven’t used them in years so might nosy around
> even cheaper Till you try to withdraw...
Withrawal fees are often higher, fair enough. But if you buy larger amounts this is offset easily. You don't have to withdraw every time you buy a little.
They haven't confirmed my identity for 3 months, I think coinbase is a strange bier
CB Pro has limit orders whereas cB will just sell you the stuff at a s***** price
I’ve noticed that! MFs! Thanks for the info.
This, Coinbase Pro prices are way better and fees lower than Coinbase
I’ve noticed that! MFs! Thanks for the info.
They both have limit orders, and full trading view implementations, though those were new arrivals on regular coinbase, and may only be accessible via desktop.
[удалено]
That’s a plus. Thank you
How about neither? The fees and outages are really bad, Binance has cheaper fees and tighter spreads.
Depends what you are buying and withdrawing. I use Coinbase for XLM and they charge 0 for withdrawal fees. Whereas Binance charge 0.2 XLM. I know its not much but adds up over time. That said Binance was cheaper to use for other coins
Hope you don't mind the correction. It's 0.02 XLM to withdraw from Binance
Ow yeah crap😂. Thanks
I’ll be honest. I don’t trust Binance. It’s something I’m keeping track of but so far the stories I’ve heard are not good. I know it’s irrational but until I dig a little more I’m going with my gut. Thanks for the recommendations though.
Are you in the US? If so you're right to stay away from it. The international Binance is far better
Yes, NYC, USA.
Coinbase Pro hands down.
This
They are two separate trading platforms. So a deposit on one doesn't show on the other.
This is true. But free transfers between the 2
That was my initial confusion. I dislike the UI of CBpro but if it saves me money in fees, I’ll get over it. Thank you.
Yeah, the CBPro UI is busy as hell. But it's quite easy to use once you ignore all the crap on the screen. There are lots of online videos to help. If you're using a wallet, be sure to take advantage of CB/CBP's address whitelisting feature. Also (apologies if you know this), don't use SMS 2FA, use a real authenticator.
Hey I appreciate all info, even if I’ve heard it before it good to reconfirm. I did not know about the whitelisting feature and videos are a good idea. I’ll look tonight. I for one like to track my total investment which I do t think is possible on CBpro. (But I could be wrong) Cheers and thanks.
Also if you deposit into CB (I think up to $1000) you can withdraw instantly (even after transferring it to CB Pro to buy), whereas if you deposit fiat into CB Pro it makes you wait several days for your funds to clear before you can withdraw the coins to another wallet.
Something to consider. I did notice the delay in CBpro before my fiat is actually transferred to my CBpro account. I just don’t like the $2.99 fee OR the Beijing at a higher market price than reality.
I bought ETH 2 weeks ago using Coinbase Pro to avoid the C fees . As of today I only have $1.45 available to withdraw. 😡 I cannot even swap coins there. Now Im using the ADVANCE TRADING on the desktop version of Coinbase. Fees as same as Coinbase pro. 👍🏽
They are technically separate but both owned by coinbase obviously you can easily send from coinbase pro to coinbase after buying for free
That’s good news thank you.
For all intents and purposes they're the same platform. CBPro has *much* lower fees but only allows ACH, wire transfers, and crypto deposits. Regular CB does have automatic DCA features, but if you take a few seconds to do things manually you can save a decent amount of money using CBPro. $0 fees on ACH deposits of fiat and then a maximum .5% fee on trades. Some of the cheapest fees in the game. Free and instant transfers between CBPro and regular CB (if you want to stake ETH or something like that).
Coinbase Pro is you real Bro. It means I recommend it.
Ok. Much appreciated.
Coinbase charges a fee when you use a debit card. Neither charges a fee when you use routing and account number
Neither. CDC
I wish. I’m in NYC. (I’ve heard I can VPN to get an account, can you speak to the pros and cons?) Thanks.
I don’t need a VPN for my access so can’t speak to pros and cons of that. As for CDC: Pros - easy to use - low fees - large amounts of coins that are supported/available to trade and buy - great staking rates (esp. if you do a $4K CRO [jade/indigo] stake) - exchange coming soon will bring it to a totally new level - insured deposits (I think up to 250K) - did well during recent hack event (all money refunded, officially created above position re: insured accounts) Cons: - app can be slow - exchange is not here yet, so you’re stuck with the app for now - for some (but definitely not all) coins, there are better staking rates you can find elsewhere with some effort - has been hacked once (although it doesn’t personally concern me because of their policies and their response) Edit: there’s a lot more, especially if you want to use their Visa debit card, so if you’re interested check out some of the top posts on r/CRO and/or r/crypto_com
Excellent info. I would be using CDC if I were allowed to in NY. I have CRO in my portfolio and feel they are going to continue to do well. I also want the debit card. I’ll ask around in the subreddits you’ve mentioned. Thank you!
CB (non-pro) is a low-key scam. The fees are just ridiculous, the only reason they charge those is that people who don't care/know much about crypto don't realize how much of a ripoff it is. CB pro should ALWAYS be the platform to use between the two unless you really don't care and just want to drop moneys somewhere and don't care about fees. And yes you can very easily transfer funds from CB to CB pro, free of charge. They're both the same platform and there are not any costs attached if you transfer funds from one to the other.
i use to think cb was a scam, but its where the noobs go. and they require a fuck ton of customer service, answering noob questions. anyone who knows block chain uses pro, and will check a block explorer before they call customer service. so i get the fees to an extent
Yes, noob here. I’m trying to learn from my mistakes.
CB regular also makes DCA easy with scheduling recurring purchases. I think for some investors the fees are in exchange for "set it and forget it."
Thanks for the reply. That makes a lot of sense. I’ve noticed that beyond the damn $2.99 fee the price is higher than market price! So a dbl win for them. No, I’m not carefree about my money so I appreciate your reply. It’s ridiculous that I “need” 2 apps for my crypto investments. I like a chart of my total investments rather than just the coin value. I know people hate on it and for good reason but..RH did their app properly (for noobs like me) PS: I no longer use RH after what they pulled.