Are you paying transaction fees to buy DAI, USDT, and USDC? Stop paying the fees and buy them with ZERO fees on Coinbase Pro. Coinbase Pro, one of the popular Centralized Crypto Exchanges in the USA, dropped 0.5% fees they use to charge for buying DAI and USDT. Before this move, user had to pay 50$ as fees to buy 10,000 DAI/USDT but now it costs 0$! Yay, that is a good amount of money to save and probably users use this savings for ETH gas fees?
Why Coinbase Pro dropped fees to zero
Wondering why Coinbase Pro dropped the fees? It is due to the competition from Distributed Exchanges like Uniswap & Curve who are offering high levels of liquidity and competitive exchange rates. On several trading crypto pairs, Uniswap has overtaken Coinbase Pro and posing a big threat to its one of tthe main revenue sources. To stay relevant and retain customers, Coinbase Pro is forced to drop the fees.
Buying USDT/DAI on Coinbase still attracts fees – Coinbase vs Coinbase Pro
You may be aware of this but let us make sure Coinbase and Coinbase Pro are two different services. No transaction fee trading is available only for Coinbase Pro users. If you buy DAI on Coinbase you will end up paying the fee. A lot of fees!
Coinbase offers a very simple, clean, and easy-to-use interface for novice users and charges a lot of fees for simplifying. But most of the users should consider learning how to use Coinbase Pro and start saving money.
Sign up for Coinbase Pro and Get 10$ BTC
If you don’t have a Coinbase Pro account, please use this link to sign up for a Coinbase account and go to pro.coinbase.com to access Coinbase Pro. By using this referral account you get 10$ worth of BTC rewards.