Coinbase Introduces Zero-Fee Trading, Is That Really Zero Fee?
One of the most popular crypto exchanges Coinbase introduces Coinbase One that is going to offer zero-free trading. Coinbase is criticized for charging higher trading fees. You will get a lower trading fee in other crypto exchanges.
Many people first buy crypto in Coinbase. That is the exchange most people get their first experience in crypto. When I was new to cryptocurrency and excited to know about blockchain, I heard about Coinbase. And I created my account there. Later I got to know more about crypto and what option we have.
Coinbase provides subscription-based services via Coinbase One where customers have to pay $30 a month to get this service. Then you will have zero trading fees. It's not actually free. Is it profitable for you? If you do crypto trading for a while, maybe it cannot be a good choice.
In case you do trading in crypto regularly or you want to trade in higher quantity, you should consider this. Crypto whales can take advantage of this subscription service. You know your trading behavior and you can decide whether this is a good deal or not.
If you are from the United Kingdom, Germany, and Ireland, you will get access to Conibase One service. They plan to include 35 countries all over the world. Then customers from 35 different countries can get this service to trade cryptocurrency.
There are a lot of complaints in Coinbase customer support. Coinbase assigns a dedicated customer support team for customers in Coinbase One. So customers will get 24/7 support and get responses from the customer support team quickly. There are some exclusive benefits for customers who subscript to this service.
Crypto exchange Coinbase makes its position in the crypto industry. They focus on expanding their business and growing the customer base. So how is your experience in Coinbase? By the way, when you hear zero trading fees, that's not actually free. It is just they take that fee in some other way.
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Nothing is ever really free. Even the zero fee trading for stocks was covered by the companies selling order flow data. The businesses are there to earn money and they will find a way to do that.
Yes, they will charge fees or earn in some ways that customers may not be aware of.
An out-of-context question, brother.
Previously you used to share one of your websites at the end of your post. It is no longer there. Is that no longer available?
That's not available now. Thank you for noticing that. :)