Granted it moved in minutes but I did not request that ( as far as I know). I have a 1000 what would you suggest? The cheapest way to transfer from Coinbase to Kucoin, or from Kucoin to Coinbase for that matter, is to use blockchains that provide cheap and fast transfers. Get started He first learned about crypto in 2013 and has been a full-time crypto person since 2016. Regards, R. No, you wont pay double fees for trading between coins. I am considering buying more KCS coins and I am wondering what coin is the most efficient way to transfer funds between Coinbase and KuCoin for that purpose? Can you think of any other options besides Coinbase that I should consider? Learn more here:The Complete Guide to Coinbase Fees (and How to Avoid Them) []. Right now, I am personally buying BTC from Strike and moving it to my Ledger immeditately. Greatly appreciate your thoughts. Im still unclear about this, after searching about this I come across your site, but nobody can simply answer this question, which I think everyone would want to know. What do they get in their email? I dont use crypto currency for anything yet. My sister went to open a coinbase acc,she signed up,then they wanted her funding method,she entered it,then they wanted a oic of he ID front and back,she did that,it was excepted,then they wanted a selfie ,she did that and it was accepted and then she went to the wrp page to purchase and BAM! Does it cost anything in terms of fees to send Bitcoin to an email? That is a considerate amount. This is a whole lecture, thanks a lot. The receiver is in Dubai. Here's how: 1. Thanks for reading through the article even though it may have been too complex for a beginner. However, if you are making a purchase or sale of $201 or more, the variable fee of 1.49% kicks in. And I just eat the withdrawal fees to trade at lower costs. Luckily most people wont have these problems, but the lack of customer service is terrible! I am a baby boomer and curious about crypto. How much in fees cost to get the cash from Bitcoin in Dubai ? Thanks. Im also moving BTC weekly from Coinbase to a Ledger Nano X. Gemini is my second favorite though. Cant find any info on their site though. Bitcoin has a semi-high transfer fee of 0.0005 BTC ($15 at the time of writing) if you're looking for something a bit cheaper than Ethereum. Copyright 2018 2023 Investing Simple LLC. Looking for small gains, frequently say $50 gains on $2k trades. Another thing to consider is using BEP2 or BEP20 addresses (vs. ERC20) to move coins from Binance.us to your Binance Smart Chain wallet. 2. You should be able to just buy with the USD in your account. Besides the underlying properties of the blockchain, it's also a question of how many people are using that blockchain at any given time. How do i avoid paying almost a quarter of an eth to transfer 2 AAV ORwhatever the caee may be. Or Binance just charges you a flat fee per trade. Hi Uzair! The fee and minimum vary depending on the cryptocurrency. In some cases, a memo is needed as well. because its a fee to use the network not a fee specific to the exchange itself. The first is moving your cryptocurrency from your trading account to your main account on KuCoin (if you havent already done so). When you look over the Coinbase user agreement, you might find that the fees are a bit confusing, to say the least. 2. As with any exchange, Kucoin also has withdrawal fees. Mostly likely, the most usable coins will succeed and the rest will fail. Get the crypto out of the Coinbase Vault in your Coinbase account wallet. I can help because Ive been in your shoes before! Select the network (blockchain) you'd like to transfer USDT tokens on. You will need to communicate with your bank to find out what your limits are if you have them. I tried looking up the information but cant find an answer. You will not pay any fees with CBP to do this. Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount. How To Transfer Ethereum From An Exchange (Coinbase, Binance) To MetaMask? But I am not a financial advisor nor is this financial advice its just what I personally do when researching for best gains. How soon would you expect to sell your BTC and cash out? When performing a withdrawal from KuCoin, you will be asked for an external address. In fact, there's a fee for every single transaction! Im currently holding some crypto in my Coinbase wallet and want to exit. What can I do to avoid this extreme fee.? I live in Texas and Binance isnt supporting Texas yet. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee. The cost is the same whether in Coinbase or Coinbase Pro. Your decisions are yours alone and we are in no way responsible for your actions. You just get charged on the base currency/coin like USD, BTC, ETH, etc. Percentage the same! I am finding this a very complicated process. Is this correct? If I wanted to convert crypto to fiat (US $) on Coinbase, should I do so on their site and suffer the fees, or is there a better option (e.g. You then have to copy-paste your wallet address from Coinbase and paste it into Kucoin. How To Transfer Coins From Binance To Trezor? The fees are so so so much better on Binance. Im writing a blog article about it right now. Transferring cryptocurrency is actually fairly simple. BUT since you have a ledger, might as well store it there vs. Coinbase if thats the case. To execute a transfer from KuCoin to Coinbase, you will follow the following 4 steps: Open a Coinbase Account (Use our link here for $5 FREE Bitcoin) Verify your Coinbase Account Gather Necessary Information Send Crypto from KuCoin to Coinbase Let's take a look at each of these 4 steps for more information. I would focus on sub $1MM market cap coins that are legit projects with great leadership and a solid use case. To facilitate this transaction, you paid 0.004221 ETH ($8.02 USD) in network fee. Such as, how long you've been trading and how much you've traded. All products are presented without warranty. At present that 0.0005btc is about $30 (and growing), which is manyfold what you will pay on either Coinbase platform in your $100 withdrawal value example. I recommend the Ledger Nano Xsince it's so easy to to use and very safe. Hi Ryan, some great information here thanks for sharing your experience. Can you advise on the best way to procede? Here, check the address, the coin, the network, and the amount, basically everything you have written so far. If youre looking for different wallet, Ive got a detailed list ofmy favorite crypto walletshere. I just moved 1 BTC a week or so ago and it cost 0.0000417 BTC which was around $1.35 to move over $35K in BTC. Im basically looking to sell everything and reduce fees. Sam. Once done, search for the cryptocurrency that you wish to withdraw and click on the withdraw button.. The path to financial freedom is long and arduous- and the first step is to always avoid losing money. They accept DKK as fiat. Please, do make sure to put all the security features (2fA) on for your account for safety! Transferring cryptocurrencies from Kucoin to Coinbase is simple. I do hold some DOT on Kraken to earn a 12% reward and use Celsius for earning interest on stable coins and my BTC/ETH Im holding long term. ( Date of transfer 23/2/21). There is a fee to move your crypto from Coinbase to your wallet so youll want to do it in a large chunk to limit the fees (since CB charges a flat fee no matter how big it is). Unfortunately and/or fortunately, the fee to withdraw is the same for ALL-sized transactions. Join 2,000 readers that receive our newsletter. The fees are quite small and can actually be adjusted based on how fast you need confirmation. Open your Coinbase account on one browser tab and your KuCoin account on another browser tab. Right now, I am personal buying BTC from Strike and moving it to my Ledger once in a while. Depending on your payment method, Coinbase charges more. Or a coin to a different exchange/wallet? Yes, you can certainly do that! You can deposit your XRP from Coinbase into your Coinbase Pro account on this page: https://pro.coinbase.com/wallets/deposits. Im going through the Voyager debacle rn and am planning to migrate to a Ledger Nano X shortly if they ever un freeze my crypto. Also, theres some cool stuff out there to safely store the seed/passphrase. I can look at the transaction summary if you want to send me the blockchain.com information (hash, or block) send it to ryan@cryptoryancy.com if you want it off the site. Hey Joe! For that transaction, you will be charged $2.99. And I bought 1000 in Bitcoin. How much fees they deduct from me ? At that point the law-of-insanity definition kicked in, i.e. Hey Ryan, I was using Coinbase Pro last year because of the lower fees for buying any crypto with fiat, I noticed though that since January 1st, 2021 the fees on Pro are the same as the normal Coinbase for the Maker/Taker transactions. How To Send USDT From Coinbase To Kucoin - BosCoin Table of Contents 12. have you ever heard of this experience ? On top of the Coinbase transaction fees, you may see some fees outside of your Coinbase account - we're talking fees from your own bank. Although, the Coinbase Pro wallet is separate from your normal Coinbase wallet. Normally, I tell people to use Binance where available but their withdrawal rates can be high so in your situation, it wouldnt make sense. Thank you my man, I really appreciate the help!!! Hi, I just want to know about withdrawing funds. For more information, please see our Hi there, KuCoin doesn't support SPL tokens (Solana tokens). In the air I realized if the plane crashed, all is lost in those wallets. If I want to cash out do I have to move the bitcoin from Coinbase wallet to Coinbase and is there a charge for doing this? Bought it a long time ago on Coinbase and then left it for years. On KuCoin, go to your Main Account and click on " Deposit " next to the selected coin, in this case, Tether (USDT). Confident it will return and grow that is why bought Ledger so can store securely in safe deposit box for added security. Im not a financial advisor nor do I give financial advice, to be clear. Also, Ive been looking at SwissBorg. Stay on the righteous path and think long and hard before making any financial transaction! Hey Jeff, These are the network fees to use ETH so its not a fee paid to CB, but to the miners who are verifying the blocks. Heres my referral link for Binance.us & Gemini if you need to sign up still. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. And when your purchases are smaller, there is a flat fee charged. How to Transfer Coins from Coinbase to Ledger Nano? Before you all jump to Binance under false pretences of low fees.. It is the main go-to for people who like to invest in cryptocurrency. How and where should I convert them into Bitcoin? The information on Investing Simple could be different from what you find when visiting a third-party website. You can search which coin you want to send as well, if you have too many assets, it would be easier this way than checking the whole list one by one. We've got some tips and information you're going to need. You will face the withdrawal form. With a passion for trying out new shiny things, Jack is always eager to try the latest crypto exchanges, wallets or DeFi applications. Only support SPL Associated Token Account deposits to utilize the token address and make "transferChecked" or "transfer" available. I tried Coinbase Pro for the first time and transferred BTC into it. Every time I try to send Orchid, OX or Basic from my Coinbase Wallet back to mt Coinbase Account, details come up saying that I need ETH to pay the miners fee to send this coin? They key is not do instant buys and purchase in the market to save on fees. These trades are completed instantly, but you will have to pay a fee between .0% and .50% for this transaction depending on how much you transact during the a given month. They gave me 14 days to get everything out. Log in to your Binance account and go to the "Withdraw" page. Odds are in favor the fee's are quite low anyways (or better than taxes)! I tried Binance.usgot all the way to the end, where you enter your state, and it froze. Unless you have a contract with this person, I would not pay them anything or share any wallet/account information. Hey John! Binance was hacked a while back, which caused a lot of distrust of the platform. Seeing as you cant deposit funds without a registered account, this shouldnt be a problem! Would you, personally, if starting today, skip using Coinbase altogether and just go immediately with Binance? EB. If you want simplicity, I would buy the BTC on Coinbase Pro and just hold it in your Coinbase Pro wallet. How to Transfer Funds From Coinbase to KuCoinSimple Process Thank you very much in advance for your attention and your time. Another option (besides simple swap) is to create an account with Kucoin and deposit some USDT into your Kucoin account to buy THETA. 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