- CryptoTiger
- Archived posts: 7
- Joined: Nov 06, 2017
Alternatives to Gemini / "con-base", for getting $ in and out of the market through
I've been trying to work on the arbitrage aspect of the market and there are a lot of good angles, but I'm finding it very difficult to get initial money into the market without insane fees. Coinbase aka Con-base, hyper inflates the market price of all 3 coins on the buy side, then lessens it on the sell side. Gemini does this also. Someone asked me to send them $40 of BTC yesterday so I went on CB and didn't even look at the fees. They charged me $15.43 to send $40 bucks. Obv my fault for not reading. lol.
So if the coin pricing is hyper inflated, and it seems you lose around 6-7% to transfer from CB to another exchange. Is there a cheaper way to get money into the market to trade with?
So if the coin pricing is hyper inflated, and it seems you lose around 6-7% to transfer from CB to another exchange. Is there a cheaper way to get money into the market to trade with?