Damus
Peter Todd · 105w
“Do a better job ensuring that users are charged for the on-chain fees that are actually paid. Perhaps that means refunding back overages when the withdrawal is processed in a large batch that enables the fee to be shared among many users.” I really like this idea.
Moel · 105w
The sad truth, I suspect, is that Coinbase simply makes a very fat profit on people who buy #Bitcoin’s.
Currency of Distrust · 105w
Don’t do business with Coinbase. Problem solved.
mrecheese 🧀 · 105w
Strike does something similar if you're in a hurry, but if you can wait a day, it's free. I think that's pretty fair.
Meridian · 105w
Bang on. Applies to many other exchanges, as well. So long as they can get away with doing this, they will, as they are incentivised to do so. Withdrawing via LN to something like Aqua wallet, or Boltz, is often a good way to side step egregious withdrawal fees.
Hazey · 105w
This doesn't mention the rectal scan necessary to prove you're not a terrorist, before they will even entertain the idea of withdrawing your bitcoin.
Chester Copperpot · 105w
If you insist on KYC, nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 fixes this.
szarka · 105w
If you'd used the order book instead of buying like a noob, you would have paid much lower fees for your purchase! Seems disingenuous. 🤨 The withdrawal fees can be a problem, but they are basically taking on the risk of fee spikes after you place the order, and they're disclosed in advance. Wou...
Toby McMann · 105w
Some of the other transactions may be part of a Coinbase service that gives unlimited, no fee transactions for a flat, annual fee?
nostrich · 104w
For non us person, just use nostr:npub1cz8r0wqp4ga7427v338updty2zczmdslmdaggmmjmytv706lhjlscj80m6