Is there a way to get Bitcoin off Coinbase without being charged fees?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are a few ways to transfer Bitcoin from Coinbase without being charged fees. One option is to use a Coinbase Pro account, which offers lower fees for trading and withdrawals. By transferring your Bitcoin to Coinbase Pro and then withdrawing it from there, you can minimize the fees. Another option is to use a peer-to-peer trading platform, where you can find individuals willing to buy your Bitcoin directly from you. This way, you can negotiate the terms and potentially avoid fees altogether. However, be cautious when using peer-to-peer platforms and make sure to choose reputable traders with good feedback. Lastly, you can consider using a hardware wallet or a software wallet that allows you to control your private keys. By withdrawing your Bitcoin to a wallet that you control, you can avoid Coinbase's withdrawal fees. Keep in mind that there may still be network transaction fees associated with transferring Bitcoin to another wallet.
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• Dec 18, 2021 · 3 years ago
  Unfortunately, Coinbase does charge fees for withdrawing Bitcoin. However, there are ways to minimize these fees. One option is to wait for a time when the network fees are lower, as Coinbase's fees are based on the current network congestion. You can also consider consolidating your Bitcoin holdings and withdrawing larger amounts at once to reduce the impact of fees. Additionally, Coinbase offers fee discounts for users with higher trading volumes or those who hold a certain amount of their native cryptocurrency, Coinbase Token (CT). By meeting these requirements, you may be eligible for reduced withdrawal fees. It's important to check Coinbase's fee schedule and terms of service for the most up-to-date information on fees and discounts.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we offer a solution to avoid fees when withdrawing Bitcoin from Coinbase. Our platform allows you to transfer your Bitcoin from Coinbase to BYDFi without incurring any fees. Once your Bitcoin is on BYDFi, you can freely withdraw it to your desired wallet without any additional charges. BYDFi aims to provide a seamless and cost-effective solution for cryptocurrency users. However, please note that BYDFi is a separate entity from Coinbase, and you should conduct your own research and due diligence before using any third-party platform.
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