Just be a little careful... exactly as you say Coinspot swipes...

  1. 8 Posts.
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    Just be a little careful... exactly as you say Coinspot swipes an insane 3%.

    Coinjar gets you on buy price, they are building in their own margins on Sell/Buy

    BTC markets is pretty good at 0.85% and that goes down with volume, I am down to 0.65% now as I have been trading a bit. 0.85% is to AUD and back - between Crypto is 0.2%

    Where BTC markets gets you is withdrawing bitcoin, 0.0005 BTC which at time of posting works out as $11.65. So you paid 0.65% AUD-->BTC and 0.0005BTC to withdraw to your wallet.

    You are better off converting AUD to XRP which only costs 0.15 XRP to withdraw, which currently is $0.45. Send it to another exchange to do your bidding there and then go into your wallet.

    I am not saying Coinbase and Coinjar etc are outright scams, they are just taking advantage of those that have not done their research.
 
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