Work in Progress Post
Ok, I just did another test. Coinbase advised I should consider Coinbase Pro. So what the heck. They did say my $3.85 fee seemed correct for using Coinbase.
But being cynical, I signed up for Coinbase Pro, to see what difference it made. I was already signed up, but needed to use my Coinbase login credentials. And I transferred some money into Coinbase Pro. Seems to be seperate systems, because Coinbase Pro, doesn't list my Coinbase accounts. Apparently I'd have to transfer those. For now, I'll keep it seperate.
I did a test transaction of $10 and it charged only $0.03 cents for thee transaction. My portfolio shows my initial cash deposit + the $10 buy, and I'm only $0.03 cents below my $300 (The fee). And it's showing the $10 in coin I bought as $9.95 (fee + declining market). So this is a good start. It looks like I have only $0.03 cost for that $10 coin.
I then setup for buying $100 in some crypto, and it's showing the fee is going to be $0.6, which is a little higher but far below the $3.85 I was previously charged. And based on my pevious buy, I suspect that will be correct.
I haven't checked the cashing out costs because there is a 5 day wait to withdraw, since my initial deposit hasn't cleared yet. I'm thinking they are likely going to discount the value, upon withdrawl. It will be interesting to see how much that is. if that is on the order of 10%. I wont have gained anything, except knowledge how this exchange works.
Still working on the lowest fee option.
Is it possible to get into crypto, and only have mining fees to deal with?