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/biz/ - Business & Finance

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File: 21 KB, 497x479, coinbase.png [View same] [iqdb] [saucenao] [google]
3302399 No.3302399 [Reply] [Original]

€40 worth of BTC = 16% fee? Absolute scam.

>> No.3302416

>>3302399
that's the network fee. coinbase doesn't get any of that, the miners do. you would be paying that no matter what.

>> No.3302430
File: 13 KB, 1000x1000, 1473875527995.png [View same] [iqdb] [saucenao] [google]
3302430

>>3302399
Every bitcoin transaction costs that much.

>> No.3302448

>>3302416
Their prices are also very high and they still take a nice buying fee. I really have to use the GDAX method anymore.

>> No.3302449

>limits my prepaid credit card purchases to $100 CND each week
>doesn't roll over if I don't use it
>actually resets back to $0 limit after reaching $100

This is what compliance with AML / KYC brings.

>> No.3302480

>not buying litecoin and selling it on bittrex

>> No.3302483

>>3302416

Wait that's how much BTC costs right now??? What the fuck??

>> No.3302913
File: 146 KB, 576x432, 1427779051070.png [View same] [iqdb] [saucenao] [google]
3302913

you know you can transfer your coinbase funds to GDAX and pay 0 fees