Author

Topic: minimize transfer fees (Read 306 times)

legendary
Activity: 3472
Merit: 10611
June 15, 2017, 12:12:10 AM
#3
Whats the best way for me to minimize fees when transferring from coinbase to polo or bitttrex.
nothing!

Quote
also my understanding is when i want to take usd from alt coins, i first have to convert it to btc then to usd? what would be the best way to do that to minimize fees.
depends on the altcoin. some of them have markets against USD, for example Liteoin has LTC/USD in coinbase you can trade there directly.
but for most of them there is no other way, you have to trade them with bitcoin and then transfer that bitcoin to coinbase and sell for USD.

Quote
also when transferring from an exchange to my offline wallets will that also cost a fee?
yes but that is a fixed fee. usually a different amount based on which exchange you are using. some of them have 0.0025BTC fees (kraken) and some still have a small fee of 0.0002BTC (c-cex)
hero member
Activity: 504
Merit: 512
June 14, 2017, 11:59:13 PM
#2
I think you can't set a personal fee when you transfer from Coinbase, so I think nothing can be done about it.
newbie
Activity: 5
Merit: 0
June 14, 2017, 11:03:22 PM
#1
Whats the best way for me to minimize fees when transferring from coinbase to polo or bitttrex. also my understanding is when i want to take usd from alt coins, i first have to convert it to btc then to usd? what would be the best way to do that to minimize fees. also when transferring from an exchange to my offline wallets will that also cost a fee? thanks i know a little confusing formatting but please some help Smiley

ive only deposited and nevr withdrew so far so if someone could inform me the process what its like to withdrawl please.
Jump to: