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by COINS NEWS 15 Views

my go to place for crypto purchases is always coinbase. But I’m only allowed 3 fiat deposits per day which I’d exhausted. Subsequently, I decided to give a try since I was signed up and thought fuck it what could be so bad lemme see this thing.

I bought my desired amount of btc; nothing too crazy. All was smooth asf, they even took Apple Pay with no fees and I was pleasantly surprised to see that. Hassle-free, feeless btc purchases? I’ll take it ????????‍♂️

With a big smile on my face I go to withdraw my btc amount to my external wallet. And then I look at the withdrawal fee; 0.0006 BTC….


On coinbase I literally pay no trading fees currently which is usually around 0.6%, and on a terrible day where there’s network congestion the withdrawal fee gets up to about 1$ for btc but it’s usually sat at about 30-40 cents for the most part of the past few months.


Needless to say, I traded the bastard straight back to fiat to withdraw back to my bank account at a loss. I’ll patiently wait for the 3 deposits per day limit to lift on my Coinbase account tomorrow and make the purchase there and hold a very small L. It’s a lesson learnt. I essentially only will have lost a chocolate bar’s worth of money once it’s all said and done which I’ll take on the chin.

I genuinely feel sorry for you if you’re an active user of and are paying this kind of bullshit on a regular basis to withdraw. What are you even thinking?

submitted by /u/TelevisionDowntown28
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