1. (1) Introduction Coinbase is a growing Bitcoin wallet and transaction service provider based in San Francisco, the world's largest consumer Bitcoin wallet and the first regulated Bitcoin exchange in the United States. Bitcoin is a form of digital currency that is created and stored electronically. The company supports 3 million global users and facilitates bitcoin transactions in 190 countries, as well as bitcoin and fixed currency transactions in 26 countries. In addition to wallets and exchange services, Coinbase offers APIs that developers and merchants can use to build applications and receive bitcoin payments. (2) Coinbase Disadvantages (1) Account Limits While Coinbase allows you to exchange fiat currency for cryptocurrency, it limits how much you can spend and how many times you can perform it. According to their website support forum, this is "for security, regulatory compliance and fraud prevention". The limit depends on several factors, including. The payment method you use, the age of your account, your purchase history, etc. These limits are calculated automatically. Fortunately, there are several ways to increase account limits, however, some of these steps are already required to use the buy and sell features. You can use the Coinbase platform to buy and sell (transactions) to add a phone number, provide more personal details, submit a photo ID and create an established purchase history. Please note that the limits for each account linked to the Coinbase wallet are different. For example, your credit card purchase limit will be different to the purchase limit of the linked bank account. ②High fees Coinbase trades in many different currencies and executes multiple payment methods. As a result, the service charges relatively high fees compared to other exchanges. The high fees are one of the biggest negatives of this Coinbase review. These fees are charged for each transaction and are calculated in one of two ways. For transactions under $200, a minimum fee is charged. However, for transactions over $200, a percentage fee will be charged. (iii) Lack of anonymity Although this is one of the features that makes Coinbase safe to use, the lack of anonymity may be an issue for some people. Firstly, Coinbase is obliged to report information about its users to the governing body that regulates it. This means that your holdings in crypto assets will be officially recorded and you will be expected to pay any crypto taxes required by national law. -For some, this defeats the purpose of cryptocurrency, as it is designed as a way to decentralise and trade wealth anonymously. -Another issue is that Coinbase can also track and monitor how users spend their coins. -They can also freeze your Coinbase wallet if they find that you are making suspicious transactions such as paying for or receiving payments for adult services, gambling, selling illegal goods or anything else suspicious. This is not the case if Coinbase is decentralised. They will not be able to freeze your account as they have no control over that account. (3) Differences with Binance In comparison, Coinbase's fees are much cheaper and there is a way to get a 20% discount. Binance is currently the largest digital currency exchange in the world and you should definitely sign up for Binance if you are speculating in coins. Binance also requires a transaction fee for each successful transaction. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

1. The above information is only about the basics of cryptocurrencies, which is related to whether we can make money with cryptocurrencies. Making money with cryptocurrencies is not only about increasing your income by scientific methods, but also finding ways to save money. One of the easiest ways to do this is to take advantage of the reduced transaction fees. The handling fee is small, but it must not be ignored. I have calculated that with frequent trading and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will describe a few common ways to reduce fees on large trading platforms. (1) Reduce OKX fees OKX is a professional digital currency trading platform loved by many users, and his trading fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: general and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (2) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.

1. (1) Introduction Coinbase is a growing Bitcoin wallet and transaction service provider based in San Francisco, the world's largest consumer Bitcoin wallet and the first regulated Bitcoin exchange in the United States. Bitcoin is a form of digital currency that is created and stored electronically. The company supports 3 million global users and facilitates bitcoin transactions in 190 countries, as well as bitcoin and fixed currency transactions in 26 countries. In addition to wallets and exchange services, Coinbase offers APIs that developers and merchants can use to build applications and receive bitcoin payments. (2) Coinbase Disadvantages (1) Account Limits While Coinbase allows you to exchange fiat currency for cryptocurrency, it limits how much you can spend and how many times you can perform it. According to their website support forum, this is "for security, regulatory compliance and fraud prevention". The limit depends on several factors, including. The payment method you use, the age of your account, your purchase history, etc. These limits are calculated automatically. Fortunately, there are several ways to increase account limits, however, some of these steps are already required to use the buy and sell features. You can use the Coinbase platform to buy and sell (transactions) to add a phone number, provide more personal details, submit a photo ID and create an established purchase history. Please note that the limits for each account linked to the Coinbase wallet are different. For example, your credit card purchase limit will be different to the purchase limit of the linked bank account. ②High fees Coinbase trades in many different currencies and executes multiple payment methods. As a result, the service charges relatively high fees compared to other exchanges. The high fees are one of the biggest negatives of this Coinbase review. These fees are charged for each transaction and are calculated in one of two ways. For transactions under $200, a minimum fee is charged. However, for transactions over $200, a percentage fee will be charged. (iii) Lack of anonymity Although this is one of the features that makes Coinbase safe to use, the lack of anonymity may be an issue for some people. Firstly, Coinbase is obliged to report information about its users to the governing body that regulates it. This means that your holdings in crypto assets will be officially recorded and you will be expected to pay any crypto taxes required by national law. -For some, this defeats the purpose of cryptocurrency, as it is designed as a way to decentralise and trade wealth anonymously. -Another issue is that Coinbase can also track and monitor how users spend their coins. -They can also freeze your Coinbase wallet if they find that you are making suspicious transactions such as paying for or receiving payments for adult services, gambling, selling illegal goods or anything else suspicious. This is not the case if Coinbase is decentralised. They will not be able to freeze your account as they have no control over that account. (3) Differences with Binance In comparison, Coinbase's fees are much cheaper and there is a way to get a 20% discount. Binance is currently the largest digital currency exchange in the world and you should definitely sign up for Binance if you are speculating in coins. Binance also requires a transaction fee for each successful transaction. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

1. The above information is only about the basics of cryptocurrencies, which is related to whether we can make money with cryptocurrencies. Making money with cryptocurrencies is not only about increasing your income by scientific methods, but also finding ways to save money. One of the easiest ways to do this is to take advantage of the reduced transaction fees. The handling fee is small, but it must not be ignored. I have calculated that with frequent trading and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will describe a few common ways to reduce fees on large trading platforms. (1) Reduce OKX fees OKX is a professional digital currency trading platform loved by many users, and his trading fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: general and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (2) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.