When selecting a crypto wallet, the first thing that comes to mind is security. If it has, please Share this with a Friend who’ll also find it useful.Buying or trading bitcoin or other cryptocurrencies requires a wallet address so that the digital currency can be transferred to your control.
I hope you’ve found this helpful (and it saves you some money). But you still get the safety and security of the Coinbase/Gdax platform. No Coinbase fees or Coinbase commissions. You’ve successfully bought your favorite cryptocurrency at the your specific price all without paying Coinbase’s transaction fees. Note – to ensure you don’t pay any Coinbase or Gdax trading fees (known as maker/taker fees) it’s essential that you select a “Limit” order and that you check the “Post Only” box. Then click on the “Advanced” drop-drop ensure the “Post Only” box is checked. Now click on buy at “Limit” (not “Market”).Ĭhoose your desired trade price and amount. Now you have a USD balance sitting in your GDAX trading account.Īll you have to do is select whether its Bitcoin, Bitcoin Cash, Ethereum or Litecoin that you want to buy. Step 4 – Buy Your Cryptocurrency on GDAX With No Fees Then click on the link for “Coinbase Account”, enter the amount of USD you want to transfer and click “Deposit funds” Now that your GDAX and Coinbase accounts are linked, all you need to do is move some USD into GDAX to buy Bitcoin/Ethereum with. Step 3 – Deposit Funds into GDAX From Coinbase So once you’ve created your GDAX account it will give you the option to link your GDAX and Coinbase accounts.
You may not know this, but GDAX is Coinbase’s own trading platform. Instead of buying Bitcoin/Bitcoin Cash/Litecoin/Ethereum directly from Coinbase, Deposit USD into your USD wallet.Ĭlick “Accounts” – “USD Wallet” – “Deposit” How to Avoid Paying Coinbase Fees to Buy Bitcoin, Bitcoin Cash, Litecoin and Ethereum Step 1 – Deposit USD Are you new to Bitcoin? For a limited time only, you can grab our Bitcoin for Beginners course for absolutely free.
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