[USER]

Well, it seems that I cannot ignore crypto any longer and want to have it be about 5% of my mix. Thinking bitcoin. Signed up for Coinbase and was shocked at the costs.

It was reminiscent of the olden days when there were fees to trade stocks.

Anyone have tips on how to save on these fees? Is there also steep fees to sell? I am new- be easy on me.

[Rebecca]

Why? If Buffet won’t buy it why would you want it and what are you going to do with it?

[Nigel]

Think Coinbase fees are cheaper if you switch to the Pro/Advanced mode

[Patrick]

Even the “no fee” places have a spread to cover the same costs. It’s a wash.

I prefer to set <1% difference limit buys on advanced and >1% difference limit buys on regular Coinbase. Both actions reduce my fee as the market maker.

As does increasing my volume or holdings.
Pay the fee. The Returns are worth it. Welcome to crypto.

[Laurie]

I use Coinbase just for ease of use. I use it mostly just to hold what we bought back in 2017, but considering buying again on a regular basis and/or putting 5% of my investments in a crypto ETF (as someone else mentions on this thread).

[Zach]

Interesting that you can’t buy crypto anything through vanguard. They won’t allow it. Otherwise I’d probably dabble in IBIT a little.

[Lisa]

Use Advanced Trade option on Coinbase. Fees are significantly lower.

[Tod]

Dogecoin is going to keep skyrocketting, definitely add some to your portfolio and hold until at least mid January

[Kitty]

Ask AI the name of many other exchanges.I tried some. Coinbase is the worst.

[Jim]

Swan Bitcoin has zero fees on your first $10k, and never any fees to withdraw to your cold wallet. After your initial $10k, purchase fees are just under 1%.

Swan is an exchange for bitcoin only.

[Author]

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