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RE: Exchange Transfer Report: 3/18/2018 to 3/24/2018

in #exchangereport7 years ago

I have a newbie question. Is coinbase still the easiest way to go from bank account to BTC to STEEM to SP? Coinbase's fee is insanely expensive, but I also don't want a complicated path. Any decent alternatives?

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If you use GDAX (part of Coinbase) there are no fees. You just have to be a market maker and set your buy orders so they provide liquidity. I always hesitate to describe "the easiest" or "best" way to do something because it changes all the time. If it was me, I'd use GDax to get some BTC, transfer that to an exchange with high volume for STEEM (seems bianance is doing well based on CMC), get my STEEM and then transfer to my wallet and power up.

I've heard of gdax before, but they won't add my bank account for some unknown reason. I'll contact their support and see what happens. Thanks!

Edit: Well, that was easy. You can link your bank accounts on coinbase, and then use them to fund your account on gdax.