Are there any ways to reduce the miner fee when using Coinbase?

3 answers

• Dec 17, 2021 · 3 years ago
  One way to reduce the miner fee when using Coinbase is to choose a lower priority for your transaction. By selecting a lower priority, you may have to wait longer for your transaction to be confirmed, but the miner fee will be lower. This can be a good option if you're not in a hurry to complete your transaction.
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• Dec 17, 2021 · 3 years ago
  Another way to reduce the miner fee is to consolidate your transactions. If you have multiple smaller transactions, it may be more cost-effective to combine them into a single larger transaction. This way, you'll only have to pay the miner fee once, instead of multiple times for each individual transaction.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we recommend using a different exchange platform that offers lower miner fees compared to Coinbase. This can help you save on transaction costs. Additionally, you can consider using a cryptocurrency wallet that allows you to set your own custom miner fee. By manually setting a lower fee, you can potentially reduce the overall cost of your transactions.
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