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$15 sending fee on coinbase, $22 on blockchain.

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by Pain, Dec 7, 2017.

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  1. Pain

    Pain Formerly known as Divine
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    $15 sending fee on coinbase, $22 on blockchain.
    ._.

    This should be illegal, I'm only trying to send $350.

    Coinbase email-> coinbase email only way I'll be buying via BTC anymore let me just say that.
     
    Pain, Dec 7, 2017
    #1
  2. Astro

    Astro Legend
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    $15 sending fee on coinbase, $22 on blockchain.
    Neither have SegWit implemented. Use a wallet that supports it.
     
    Astro, Dec 7, 2017
    #2
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  3. Eazy E

    Eazy E Graphic Designer and Developer
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    $15 sending fee on coinbase, $22 on blockchain.
    They are soon adding segwit

    My site is almost done and you'll be able to send instantly with no confirmations since my wallets stop double spending

    Only paying network fees

    Oh and no one will see your public key ;)
     
    Eazy E, Dec 7, 2017
    #3
  4. ariabot

    ariabot Apprentice
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    $15 sending fee on coinbase, $22 on blockchain.
    Until LN is implemented, you should swap BTC -> LTC through GDAX (0 - 0.25% fees depending on whether you're a price maker or price taker) and then exchange LTC. It certainly doesn't help you're trying to send when Bitcoin is in the middle of an insane bull run, last week I was able to send for less than $3, and during the lull in September I was able to send a non-Segwit transaction for slightly over $1.
     
    ariabot, Dec 7, 2017
    #4
  5. fpla

    fpla Apprentice

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    $15 sending fee on coinbase, $22 on blockchain.
    Questions:

    When sending btc with your "CB e-mail to another persons CB e-mail" are there 0 fees at all? Is it instant or...? Is it 100% irreversible like a normal BTC transaction? Does it show on blockchain/need to wait for confirmations?
     
    fpla, Dec 7, 2017
    #5
  6. Alch

    Alch Previously known as Bogla
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    $15 sending fee on coinbase, $22 on blockchain.
    It's an offchain transaction, it's just sending a coinbase IOU. The problem with using coinbase as your medium is that they'll eventually ask questions about your transactions and then terminate their service to you after deeming you not in compliance (if you're using it for GP related transactions).
     
    Alch, Dec 7, 2017
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  7. fpla

    fpla Apprentice

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    $15 sending fee on coinbase, $22 on blockchain.
    Is it irreversible and guaranteed just like a normal blockchain transaction?
     
    fpla, Dec 8, 2017
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  8. twistedtaco

    twistedtaco Apprentice

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    $15 sending fee on coinbase, $22 on blockchain.
    apparently u can xfer your coins from coinbase to gdax for no fee's then withdraw on gdax and pay no fee, if that makes any sense, my buddy does it all the time. Using the withdraw feature to put in the persons wallet address that your sending the crypto to.
     
    Last edited: Jan 9, 2018
    twistedtaco, Jan 9, 2018
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  9. Baus

    Baus Member

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    $15 sending fee on coinbase, $22 on blockchain.
    I tried to send BTC to binance and it charges me $22 and then $16 back to coinbase for btc, it really is a crime thats so high for small day traders like me
     
    Baus, Jan 9, 2018
    #9
  10. Hilfiger

    Hilfiger Newcomer

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    $15 sending fee on coinbase, $22 on blockchain.
    I simply swap my BTC for ETH when I'm cashing out on bittrex. (Fee for ETH is 8 times lower).
     
    Hilfiger, Jan 12, 2018
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  11. Panda

    Panda MANY RETARDS IMPOSTER ME, ALWAYS REQUEST A SYTHE PM!!
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    $15 sending fee on coinbase, $22 on blockchain.
    lol
     
    Panda, Jan 14, 2018
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  12. Eazy E

    Eazy E Graphic Designer and Developer
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    $15 sending fee on coinbase, $22 on blockchain.
    ? why the lol

    do you not believe me when I say my wallets dont allow double spending?
     
    Eazy E, Jan 14, 2018
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  13. Panda

    Panda MANY RETARDS IMPOSTER ME, ALWAYS REQUEST A SYTHE PM!!
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    $15 sending fee on coinbase, $22 on blockchain.
    Yes pretty much
     
    Panda, Jan 14, 2018
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  14. Eazy E

    Eazy E Graphic Designer and Developer
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    Toast Wallet User Two Factor Authentication User
    $15 sending fee on coinbase, $22 on blockchain.
    My wallets use green address functionality
    This allows users to spend the Bitcoin, Litecoin, or ETH they receive without waiting for confirmations. If a double spending attempt is made the transaction confidence will drop to 0.00

    Because my wallets use Green Transactions the transactions are guaranteed and can be used without any network confirmations, unlike coinbase, which requires 6 confirmations to full receive and spend your funds.
     
    Eazy E, Jan 14, 2018
    #14
  15. Eazy E

    Eazy E Graphic Designer and Developer
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    $15 sending fee on coinbase, $22 on blockchain.
    If you want more information on how we achieve this PM me
     
    Eazy E, Jan 14, 2018
    #15
  16. Panda

    Panda MANY RETARDS IMPOSTER ME, ALWAYS REQUEST A SYTHE PM!!
    Do Not Trade

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    $15 sending fee on coinbase, $22 on blockchain.
    Is your wallet available somewhere on the interweb?
     
    Panda, Jan 14, 2018
    #16
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