Coinbase added a fees now - page 2. | Bitcointalksearch.org

Marma Kalari

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Quote from: Conasse on April 01, 2017, 07:26:53 AM

Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.

It is only a matter of time that even Xapo will be charging fees in the future,the thing i do not like with coinbase is that even with a higher transaction fees they wont be sending that instantly and that i think is annoying and they will loose customers because of that,they could opt for other options for every users as they could just send them as batches and they can lower the transaction charge if they want to.

bL4nkcode

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Quote from: Conasse on April 01, 2017, 07:26:53 AM

Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.

But xapo has a receiving fee if you received less than the amount of 0.00040095 btc, so you have to avoid sending to your xapo wallet addresses with less than those amount mentioned but if its not from you then its okay but as I said it has receiving fee.

Conasse

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Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.

cosmicblue

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Quote from: ranlo on March 30, 2017, 09:08:04 PM

Quote from: cosmicblue on March 30, 2017, 09:13:10 AM

Quote from: radhwane on March 24, 2017, 03:28:22 PM

i was using coinbase to send bitcoin to my users without any fees but now they add fees 0.5$ per transactions
but transfer from coinbase to another coinbase still for free just enter email receiver , do not enter an bitcoin address
or they will count a fees of 0.5$
also there are no send in bulk at coinbase

So transactions between other coinbase users are free? Miner/transaction fees are taken care of by them?
So the only way I can think of this happening if you enter in their email address they used to register with coinbase for them to know if your sending to another coinbase member.
Any clarification on this revealing fact? Huh

I believe that if you're using a Coinbase address the same thing happens. At least it used to -- I've sent payments before that showed "to Coinbase user" when using their actual address.

Ah now I see how it works.
Might be interested in trying their service.
I just read something on a bitcoin news site something to do with the exchange service cutting the fees for exchanges between btc and eth using their system now.
So they are finally coming around in the demands from their customers when they see them losing a lot of respect from them due to clawing back their no transaction fees on all their wallet users.

ranlo

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Quote from: cosmicblue on March 30, 2017, 09:13:10 AM

Quote from: radhwane on March 24, 2017, 03:28:22 PM

i was using coinbase to send bitcoin to my users without any fees but now they add fees 0.5$ per transactions
but transfer from coinbase to another coinbase still for free just enter email receiver , do not enter an bitcoin address
or they will count a fees of 0.5$
also there are no send in bulk at coinbase

So transactions between other coinbase users are free? Miner/transaction fees are taken care of by them?
So the only way I can think of this happening if you enter in their email address they used to register with coinbase for them to know if your sending to another coinbase member.
Any clarification on this revealing fact? Huh

I believe that if you're using a Coinbase address the same thing happens. At least it used to -- I've sent payments before that showed "to Coinbase user" when using their actual address.

radhwane

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Quote from: cosmicblue on March 30, 2017, 09:13:10 AM

Quote from: radhwane on March 24, 2017, 03:28:22 PM

i was using coinbase to send bitcoin to my users without any fees but now they add fees 0.5$ per transactions
but transfer from coinbase to another coinbase still for free just enter email receiver , do not enter an bitcoin address
or they will count a fees of 0.5$
also there are no send in bulk at coinbase

So transactions between other coinbase users are free? Miner/transaction fees are taken care of by them?
So the only way I can think of this happening if you enter in their email address they used to register with coinbase for them to know if your sending to another coinbase member.
Any clarification on this revealing fact? Huh

when you enter the email of the receiver in coinbase you will see his full name that mean he already registred in coinbase
and you will able to send him bitcoin's without pay any fees

zazarb

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Quote from: cosmicblue on March 30, 2017, 09:13:10 AM

Quote from: radhwane on March 24, 2017, 03:28:22 PM

i was using coinbase to send bitcoin to my users without any fees but now they add fees 0.5$ per transactions
but transfer from coinbase to another coinbase still for free just enter email receiver , do not enter an bitcoin address
or they will count a fees of 0.5$
also there are no send in bulk at coinbase

So transactions between other coinbase users are free? Miner/transaction fees are taken care of by them?
So the only way I can think of this happening if you enter in their email address they used to register with coinbase for them to know if your sending to another coinbase member.
Any clarification on this revealing fact? Huh

yes, transaction fee will be not taken if you will send to email for another coinbase member.

cosmicblue

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Quote from: radhwane on March 24, 2017, 03:28:22 PM

i was using coinbase to send bitcoin to my users without any fees but now they add fees 0.5$ per transactions
but transfer from coinbase to another coinbase still for free just enter email receiver , do not enter an bitcoin address
or they will count a fees of 0.5$
also there are no send in bulk at coinbase

So transactions between other coinbase users are free? Miner/transaction fees are taken care of by them?
So the only way I can think of this happening if you enter in their email address they used to register with coinbase for them to know if your sending to another coinbase member.
Any clarification on this revealing fact? Huh

Devboy

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We all are Coinbase user have already known that issue. As a beginner it's not good news. Though Counbase user to user transaction fee still free without any cost. Meanwhile, thought that it also need to maintain to make friendly.

gezajp

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I have serious doubts about Coinbase. The only "Support" they seem to respond within "4+" hours is complaints regarding transactions -- THEY respond by instantly freezing the account ... and their Customer Service will take weeks or maybe never to respond.
I know for a fact that the company has a back-door into their accounts ... so all some "outside exchange" needs is your email address to use it to buy through your Coinbase account and then instantly vanish the purchase out of your Coinbase account.

I would sooner give my credit card to a stranger than link Coinbase up to a Bank Account.
bad luck.

tiggytomb

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Haven't used them for a while as they were getting silly with their restrictions, the fact that they now charge fees is not going to benefit them really as I would imagine that was one of the plus points of using Coinbase.

maku

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Quote from: Hassan02 on March 29, 2017, 07:14:49 AM

How about sending small amount like 0.0005 like close friends giving you small amount tip. it will have a receiving fee also?

Receiving fee? You mean that someone will have to pay for it? No. That is not how the bitcoin normally works.
The sender is the only one who need to pay transaction fee. But you don't want to use BTC for tipping people anymore.
The fee needed to send that 0.0005 BTC would be... around 0.0005 BTC

Hassan02

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Quote from: emeraldicon on March 28, 2017, 09:22:28 AM

I got this from coinbase support:

Using our wallet services to receive and store digital currency is free.

Your conversion rate for buying or selling digital currency through our Conversion Service is calculated as the market rate of the digital currency on Coinbase’s GDAX platform, plus a spread of up to 50 basis points. The final rate will be quoted to you before you complete your transaction.

We charge fees to use the Conversion Service, which vary based on your location and payment method. In some cases we may charge a fee on transfers to and from your bank account. We will always notify you of the service fee that applies to your transaction, both at the time of the transaction and in each receipt we issue to you.

obviously you can receive bitcoin for free. So my advice will be to store enough bitcoin before trying to transfer or spend. That's the only way not to feel the impact of the fees.

How about sending small amount like 0.0005 like close friends giving you small amount tip. it will have a receiving fee also?

emeraldicon

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I got this from coinbase support:

Using our wallet services to receive and store digital currency is free.

Your conversion rate for buying or selling digital currency through our Conversion Service is calculated as the market rate of the digital currency on Coinbase’s GDAX platform, plus a spread of up to 50 basis points. The final rate will be quoted to you before you complete your transaction.

We charge fees to use the Conversion Service, which vary based on your location and payment method. In some cases we may charge a fee on transfers to and from your bank account. We will always notify you of the service fee that applies to your transaction, both at the time of the transaction and in each receipt we issue to you.

obviously you can receive bitcoin for free. So my advice will be to store enough bitcoin before trying to transfer or spend. That's the only way not to feel the impact of the fees.

LTU_btc

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Quote from: ?? on ??

coinbase added fees for another wallet user only,till now coinbase to coinbase trasaction free. Right now i have make a transaction coinbase to coinbase and its totally free.

Yes, transfers between Coinbase wallets remains free. But if I'm not wrong, to avoid fee, you have to insert Coinbase user email instead of address, in other way, fee would be charged.

buwaytress

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Time to get used to the idea of having to pay for using a service, people. If it isn't straight up a fee then you'll always end up paying for the service some way or other. No such thing as a free lunch.

mrjoy15

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In beginner and still using the Coinbase wallet service, most reason safe fees. Notice that, From now using Coinbase wallet services will be cut down transaction fees. The concern is it's about 50% higher fee for a single transaction. But satisfaction is Coinbase users to users still transaction free of cost.

LeGaulois

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Do you guys know a good alternative finally? I don't mind paying theirs fees when i am sending transactions like 0.01BTC But for very small amounts like 0.001BTC it's juste a waste of money. Someone mentionned Xapo, wich i don't know a lot, but i heard they do have fees as well. And another member mentionned casino, what is the trick with casino websites?

Humanxlemming

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Quote from: x4 on March 24, 2017, 10:02:42 PM

So the only choice of those users that always using those services(web wallets/exchanges) that don't have fees for making transaction with bitcoin is what? I don't know also.

Yeah i think also they are just using coinbase because of what coinbase is not charging fees for every transaction they made, me too just using it for transfering my bitcoin to another address just without sending that not charging fees, but now they added without any reason or they have reason why they add fees just i didn't know/update

x4

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So the only choice of those users that always using those services(web wallets/exchanges) that don't have fees for making transaction with bitcoin is what? I don't know also. Cheesy

Topic: Coinbase added a fees now - page 2. (Read 2196 times)