how to trade on coinbase without fees

By creating a Coinbase Pro account and utilizing limit orders strategically, you can significantly reduce your trading fees and maximize your profits when buying or selling cryptocurrencies.

Nov 23, 2024 at 07:58 am

How to Trade on Coinbase Without Fees

Trading on Coinbase can be a great way to buy and sell cryptocurrency, but the fees can add up quickly. If you're looking to save money, there are a few things you can do to trade on Coinbase without fees.

Use a Coinbase Pro account

Coinbase Pro is a trading platform that offers lower fees than Coinbase. To use Coinbase Pro, you'll need to create a separate account. Once you have a Coinbase Pro account, you can transfer your funds from Coinbase to Coinbase Pro. Then, you can start trading without fees.

Use a limit order

A limit order is an order to buy or sell a cryptocurrency at a specific price. When you place a limit order, you specify the price at which you want to buy or sell the cryptocurrency. If the market price reaches your specified price, your order will be executed. Limit orders are a good way to avoid paying fees because they only execute when the market price is favorable.

Use a stop-limit order

A stop-limit order is a type of limit order that is triggered when the market price reaches a certain level. When you place a stop-limit order, you specify the trigger price and the limit price. If the market price reaches the trigger price, your order will be converted into a limit order at the limit price. Stop-limit orders are a good way to protect your profits or limit your losses.

Use a market order

A market order is an order to buy or sell a cryptocurrency at the current market price. Market orders are executed immediately, so you don't have to worry about waiting for the market price to reach a specific level. However, market orders can be more expensive than limit orders because they are subject to the market maker fee.

Use a Coinbase referral link

If you sign up for Coinbase using a referral link, you can get a $10 bonus in Bitcoin. This bonus can be used to offset the cost of trading fees. To get a referral link, you can ask a friend who already uses Coinbase or you can find a referral link online.

Use a cryptocurrency exchange that offers low fees

There are a number of cryptocurrency exchanges that offer lower fees than Coinbase Pro. If you're not happy with the fees on Coinbase Pro, you can try using a different exchange. Some of the most popular exchanges that offer low fees include Binance, Kraken, and Gemini

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

CAIR

$0.6411

78.48%

Trade Now
STPT

$0.0730

20.56%

Trade Now
TRIBE

$0.5402

20.44%

Trade Now
CUDOS

$0.0109

12.41%

Trade Now
QI

$0.0121

8.58%

Trade Now
QTUM

$3.5846

8.54%

Trade Now

Latest Crypto News

Solana Meme Coin Deployer Pump.fun Faces Legal Heat as Cease-and-Desist Letter Alleges IP Violations
2025-02-06 19:36:03
FX Guys ($FXG) Surpasses Solana (SOL) and Sui (SUI) as 2025’s Top Staking Platform
2025-02-06 19:36:03
New Findings Suggest a Possible Link Between Bitcoin's Creator and Kraken
2025-02-06 19:36:03
Bitcoin (BTC) Tumbles Below $100,000, Triggering $2B Industry-Wide Liquidations
2025-02-06 19:36:03
Memecoins Poised for a Major Resurgence, Dogecoin (DOGE) and Floki Inu (FLOKI) Expected to See Significant Price Rallies
2025-02-06 19:36:03
Germany's Election: How the Parties Plan to Reshape Finance
2025-02-06 19:26:03

Related knowledge

How to buy coins on Binance mobile version

Feb 04,2025 at 07:36pm

Key Points:Set up a Binance accountFund your Binance accountFind the coin you want to buyCreate a buy orderReview and confirm your orderStep-by-Step Guide:1. Set Up a Binance AccountDownload the Binance app from the App Store (iOS) or Google Play Store (Android).Create an account by providing your email address, password, and phone number.Verify your id...

How to view the market value ranking on Binance

Feb 03,2025 at 09:42am

Key PointsBinance is one of the leading cryptocurrency exchanges in the world.Binance provides a variety of features, including the ability to view the market value ranking of cryptocurrencies.The market value ranking is a list of cryptocurrencies, sorted by their total market capitalization.The market capitalization of a cryptocurrency is calculated by...

How to trade after recharging on Binance

Feb 03,2025 at 09:36pm

Key PointsUnderstand the Binance platform and its features.Fund your Binance account through various methods.Choose the right trading pair and order type.Monitor your trades and adjust your strategy as needed.Explore advanced trading options for increased efficiency.Detailed Guide on How to Trade After Recharging on Binance1. Understanding the Binance P...

How to create an address for withdrawal from Binance

Feb 05,2025 at 12:31am

Key Points:Understand the concept of cryptocurrency addressesGenerate a new address for withdrawal on BinanceVerify the address before withdrawing fundsSecurely store your cryptocurrency addressesMonitor your withdrawal transactionsHow to Create an Address for Withdrawal from Binance1. Understand Cryptocurrency AddressesA cryptocurrency address is a uni...

How to recharge Binance with QR code

Feb 03,2025 at 10:36pm

Key Points:Utilize Binance's QR code for a seamless recharge experienceUnderstand the process of generating a QR code for Binance depositsIdentify various methods for recharging Binance through QR codesExplore the advantages and security aspects of using QR codes for Binance rechargesComprehensive Guide to Recharging Binance with QR CodeStep 1: Generati...

How to buy spot from Binance

Feb 04,2025 at 05:24pm

Key Points:Understand the concept of spot trading on Binance.Create a Binance account and complete KYC verification.Fund your Binance account with supported currencies.Navigate the Binance spot trading interface.Place a spot trading order: Market order or limit order.Manage your spot trading portfolio and track orders.How to Buy Spot from Binance: A Com...