Post
Topic
Board Beginners & Help
Re: New to bitcoin (help needed starting)
by
Goldson
on 02/12/2024, 02:13:38 UTC
The best way to find out about fees is to try out individual features, like buying or selling crypto, and check the breakdown of fees before confirming the transaction. For example, you could deposit a small amount with your credit card, buy a stablecoin like USDC to keep things simple, and then withdraw it to your own wallet. This way, you will get a real-world sense of the fees involved in each step.

Well though I would try, But to buy £1 of BitCoin though coinbase they said i would get 0.0000065 BTC and at the bottom in small print "CoinBase fee £0.50"

Then to buy £1000 with them they said i would get 0.01237997, but this time in small print they state "incl.spread +£38.37 fee"

Dot know about you but to me looks like coinbase are ripping people off!!!!
Now looks like they have removed my Visa Card from there records! (given there extorsonate fees cant be a bad thing i guess)