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/biz/ - Business & Finance

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56969365 No.56969365 [Reply] [Original]

>Convert USDT to ADA = 3% instant loss because the "exchange rate" is at $0.66 instead of the actual price of $0.64
In other words, if I convert $100 to ADA, then convert back again to USDT, I have lost 5-7 dollars out of thin air. On Binance I could convert back and forth with 0 losses.
>Their earn program is complete SHIT
>Their futures program is complete SHIT
>Theres like 5 tokens to buy
>Their fees are ridiculous
>Its over-regulated and absolutely GAY

I MISS BINANCE SO MUCH ITS UNREAL BROS HOLY FUKKKKCKCKKKC
I DONT EVEN CARE IF THEY GO BANKRUPT AT THIS POINT
IM JUST GONNA MOVE MY MONEY BACK THERE, FUCK IT

>> No.56969381

>>56969365
>>ADA
Well, there's your problem, fren

>> No.56969396

>>56969381
THATS NOT THE POINT OF THE HECKIOONG POST YOU NIGGGERRR

>> No.56969402

>>56969365
its called "the spread", welcome to investing

>> No.56969431

>>56969402
Its a SCAM. There is no such thing as "spread" on Binance. They give you the ACTUAL price at the given moment

>> No.56969577
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56969577

>>56969365
this is how business is done in the US...
Drive out all the competition then give you the most dogshit zogslop product to drain you of all your wealth

>> No.56969592

>>56969365
These are the type of retards left buying that shitcoin kek

>> No.56969599

>>56969365
just use binance you fat retard

>> No.56969935

>>56969365
you do realize you can manually trade on coinbase, and eliminate that entirely, right?

>Advanced Trade

>> No.56970134

>>56969402
coinbase tells people theres no "fees" for transferring to or from USDC but there is definitely a spread applied or something

>> No.56970875

>>56970134
Its asks and bids you fucking retards. Is this thread serious?

>> No.56970935

Arb is likely the best dex for treating a dex like a CEX. Everything else is either on Matic, Base or Solana. Between all that, you should be able to get versions of nearly anything you'd want with way cheaper swap fees.

>> No.56971057
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56971057

>>56970875
Lmfao, seriously retarded, yes.

>> No.56971072

I guess this company should volunteer their resources for free, to make you rich

>> No.56971076

>>56969365
>not using advanced coinbase
you bring this on yourself op. Normal coinbase is for low iq normies

>> No.56971092

>>56971076
What is the monthly fee?

>> No.56971246

>>56971092
There is no monthly fee. You just need to understand how to properly place orders on the order book, that's literally it.
Maker/taker fee is 0.60/0.80 or lower if you have higher than 1k monthly volume.

Click on your profile picture to access it.

>> No.56971309

>>56971076
lmao, fucking amazing how many people are destroyed by coinbase's IQ check

>> No.56971386 [DELETED] 

>>56971309
>>56971246
>>56971092
>>56971076
>>56971072
Are you broke and have only 10 bucks to invest? Check this guide

pastelink
net/otwefxhp

>> No.56971700

>>56971309
I know right? It baffles me that I keep seeing the same fucking thread over and over and over and over and over even with Coinbase themselves putting up ads all over the site notifying people about advanced trade.

>> No.56971811

>>56969365
>im so poor a $5 fee makes me rage
Lol lmao even

>> No.56971863

>>56969365
Dude, just don’t trade at a loss. Lmao

>> No.56971918

>>56969365
nobody taught you how to trade in a decent way? brother if you are a newbie you have to learn a lot of things before you start trading, watch tutorials on youtube, ask experts on beoble or telegram, there are even books about it

>> No.56971933

>>56970134
I transfer USDC to USD for no spread. Are you honestly surprised that Coinbase takes a few % when trading a volatile asset? You realize that arbitrage would immediately kill Coinbase if they decided to actually go 0 fee?

>> No.56971963

>>56971918
newfags think that trading is all about buying and becoming a millionaire in 1 day

>> No.56971971

>>56969431
then don't use coinbase and go to binance so CZ can steal your money.

>> No.56973720

>>56969365
hijacking this thread cause I have a coinbase question
A buddy of mines has a coinbase wallet, I've never used one so I don't know if it's like a regular wallet, but is he able to make purchases online with it? And are there fees associated with that? iirc he only has BTC
Asking because he offered to send me some, and I wanna know how it works

>> No.56973731

>>56971863
They'd rather risk FTX all over again than pay small fees. I bet he doesn't even use advanced trade and pays 3x in fees, kek.

>> No.56973863

Iota is fee free to send. Coinbase and uniswap are just the new oldschool system which favors the rich. Fee free is the way. Iota is huge, Nano is huge, Hathor is huge, Shimmer is cheap so you're early.

>> No.56974198

>>56969365
Americans; so free and protected

>> No.56974366

>>56969365
So stop using it?