Coinbase payout threshold to decline dramatically

The payout threshold for Coinbase dollar payouts will be declining dramatically beginning next week. I determined that if we send bitcoins to Coinbase in one large transaction, and then use the user's E-Mail address instead of getting a deposit address, no additional fees are charged. Therefore, there is no reason not to sell bitcoins every single day for all users who want to be paid in dollars.

I lowered the threshold to $100 tomorrow for a testing period, and then it will be lowered to $1 on Monday after we've proven this method works.

Hello,

Thank you for reducing this. It said I had a coinbase USD payout in 5 hours when I checked 2 hours ago, now it says payout within 1 day?

GDAX fees are significantly lower.