I'm trying to understand how to reduce or eliminate the coinbase spread when buying or selling cryptocurrencies. I want to know if there are specific strategies or platforms that can help me minimize this spread.
7 answers
Caterina
Tue Dec 24 2024
By setting a specific price, you can avoid paying the spread fee that is often charged by exchanges like Coinbase.
LucyStone
Tue Dec 24 2024
Limit orders provide traders with the ability to specify the price at which they wish to execute a trade.
Valentino
Tue Dec 24 2024
This method allows for greater control over the transaction as opposed to market orders.
Caterina
Tue Dec 24 2024
When placing a limit order, you determine the exact price point for buying or selling a cryptocurrency.
CharmedClouds
Mon Dec 23 2024
The spread fee is the difference between the buy and sell price of a cryptocurrency on an exchange.