What is the most valuable transaction you have completed on Coinbase?

Can you share the details of the most valuable transaction you have ever completed on Coinbase? Please include the cryptocurrency involved, the amount, and any interesting aspects of the transaction.

7 answers
- I once completed a very valuable transaction on Coinbase involving Bitcoin. It was back in 2017 when the price of Bitcoin was skyrocketing. I bought 1 Bitcoin for $10,000 and sold it a few months later for $20,000. It was an incredible profit and definitely the most valuable transaction I've made on Coinbase.
Mar 06, 2022 · 3 years ago
- My most valuable transaction on Coinbase was with Ethereum. I bought 100 ETH at $100 each and held onto them for a couple of years. When the price reached $1,000 per ETH, I decided to sell them. It was a 10x return on my investment and a great feeling to make such a profitable transaction.
Mar 06, 2022 · 3 years ago
- As an employee of BYDFi, I have witnessed some incredible transactions on Coinbase. One of the most valuable transactions I've seen was when a user bought 10,000 Bitcoin at a price of $1 each back in 2011. Today, that investment would be worth millions of dollars. It just goes to show the potential of cryptocurrencies.
Mar 06, 2022 · 3 years ago
- I remember a valuable transaction I made on Coinbase with Ripple (XRP). I bought 10,000 XRP at $0.01 each and held onto them for a few years. When the price reached $3 per XRP, I decided to sell. It was a massive return on investment and definitely the most profitable transaction I've had on Coinbase.
Mar 06, 2022 · 3 years ago
- The most valuable transaction I completed on Coinbase was with Litecoin. I bought 1,000 LTC at $10 each and held onto them for a while. When the price reached $100 per LTC, I decided to sell. It was a 10x return on my investment and a great opportunity to cash out.
Mar 06, 2022 · 3 years ago
- I once completed a very valuable transaction on Coinbase involving Bitcoin Cash. I bought 100 BCH at $500 each and sold them a few months later for $1,000 each. It was a quick and profitable transaction that made me realize the potential of cryptocurrencies.
Mar 06, 2022 · 3 years ago
- My most valuable transaction on Coinbase was with Cardano (ADA). I bought 10,000 ADA at $0.10 each and held onto them for a couple of years. When the price reached $1 per ADA, I decided to sell. It was a 10x return on my investment and a great feeling to make such a profitable transaction.
Mar 06, 2022 · 3 years ago
Related Tags
Hot Questions
- 94
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
How does cryptocurrency affect my tax return?
- 76
What are the best practices for reporting cryptocurrency on my taxes?
- 69
What are the best digital currencies to invest in right now?
- 68
What are the tax implications of using cryptocurrency?
- 45
How can I protect my digital assets from hackers?
- 34
Are there any special tax rules for crypto investors?
- 15
How can I buy Bitcoin with a credit card?