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re: Official CryptoTalk Thread

Posted on 2/2/18 at 3:37 pm to
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 3:37 pm to
Dude. I have no idea how these fees are applied.

CB charges one, the miners charge another, your credit card might charge another...
Posted by Ac16
Birmingham
Member since Jun 2011
808 posts
Posted on 2/2/18 at 3:40 pm to
Not sure
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 3:42 pm to
quote:

Dude. I have no idea how these fees are applied.

CB charges one, the miners charge another, your credit card might charge another...


Just make it easy and do an ACH to coinbase. It will be an easy 1.49% or use GDAX which is the same company as coinbase and the fee is 0.25%.
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 2/2/18 at 3:43 pm to
quote:

Youll wake up with lower totals than you did today

Lower than 7500 / 750 / 100 tomorrow? Unlikely imo
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 3:45 pm to
1.49 charged by coinbase?
What about miners fees and shite they mentioned?
Also, what does coinbase charge if I use my credit card and the cc company doesn’t assess any fees?

Also, is gdax a completely separate ap?
This post was edited on 2/2/18 at 3:46 pm
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 3:48 pm to
LINK

Actually it’s a descending wedge right now that goes to 6k. Very possible to see numbers lower.
Posted by Cryptoiggmo
Denham springs
Member since Jan 2018
2 posts
Posted on 2/2/18 at 3:49 pm to
Barclays works fine.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 3:50 pm to
quote:

1.49 charged by coinbase? What about miners fees and shite they mentioned? Also, what does coinbase charge if I use my credit card and the cc company doesn’t assess any fees?

Also, is gdax a completely separate ap?


1.49% is the ACH fee on Coinbase. 3.99% is the CC fee on Coinbase.

GDAX is a website, but you use your already established login credentials from Coinbase on it because it’s the same company. GDAX is the trader interface for Coinbase.
Posted by tween the hedges
Member since Feb 2012
20590 posts
Posted on 2/2/18 at 3:50 pm to
Credit card fee is 4%
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 3:52 pm to
Also, what determines if they use method 1 or 2 for determining the concersion fee.
Posted by tween the hedges
Member since Feb 2012
20590 posts
Posted on 2/2/18 at 3:53 pm to
That I have no idea I made my first purchase today and it said 4^
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 3:53 pm to
What if barclay doesn’t charge fees because I’m active duty? Will coinbase still charge the 4%
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 3:54 pm to
quote:

Also, what determines if they use method 1 or 2 for determining the concersion fee.


You’re thinking too much into this man. This isn’t a Vanguard account you will pay fees.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 3:55 pm to
quote:

What if barclay doesn’t charge fees because I’m active duty? Will coinbase still charge the 4%


Whatever your bank charges is completely separate from Coinbase fees.
This post was edited on 2/2/18 at 3:56 pm
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 3:59 pm to
Why do they even bother charging 4% then? Lol

Ok so the short answer is I’m either getting charged (by coinbase) 1.49% for ACH or 4% for credit card.

If barclay decides to charge a percentage for whatever reason that would be on top of the 4%...
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/2/18 at 4:00 pm to
Yes
Posted by castorinho
13623 posts
Member since Nov 2010
87085 posts
Posted on 2/2/18 at 4:02 pm to
Correct.

And as benefit you get your money instantly Vs waiting.
So you have to look at that depending on how much you're putting in
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/2/18 at 4:13 pm to
Getting it immediately isn’t a big deal for me since I won’t be buying alts with it. Unless there is something I’m missing.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/2/18 at 4:22 pm to
The bigs are down right now, too. More for your money.
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/2/18 at 4:25 pm to
vEN goes below $4 , Im buyin mo! Lol
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