How to Avoid Transaction Fees When Using Coinbase

If you are reading this, chances are you are looking to avoid some of those nasty transaction fees. I don't blame you. There is nothing worse than getting charged an exorbitant fee when spending your own money.

So you just bought some Bitcoin/Bitcoin Cash/Litecoin/Ether off of the Coinbase exchange and want to transfer to a hardware/software wallet. What do you do? Well you could suck it up and pay the miner fees that are associated with using each individual network. Orrrrrrrr. Transfer the cryptocurrency to a GDAX (exchange owned by Coinbase) wallet and transfer from that wallet address to wherever you were planning on sending it before.

The beauty of GDAX, is that they swallow the transaction fee. If you have a Coinbase account, it should take minutes to create a GDAX account. Once the new account is created, it will be linked with your Coinbase account. Like I said earlier, transfers between platforms is FREE!

Not sure if this will last forever, but might as well take advantage and save some cash money in the process. Hope you enjoyed the tip :)

Cheers!