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Where to start - absolute basics to get started

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Comments

  • Registered Users, Registered Users 2 Posts: 738 ✭✭✭hblock21


    bosco12345 wrote: »
    I've literally just bought XGG about 20 mins ago but the order still hasn't filled even though it's on the exact same price. Bilaxy is horrible.. Are you sure you clicked 100% of your USDT?


    If I click 100% the total box fills with my total USDT. But then what?


    It doesn't seem to matter what box I fill out, it just does not seem to work.


    What box do I fill first, say I want to use 100% of my USDT, whats the procedure?


  • Registered Users, Registered Users 2 Posts: 222 ✭✭bosco12345


    hblock21 wrote: »
    If I click 100% the total box fills with my total USDT. But then what?


    It doesn't seem to matter what box I fill out, it just does not seem to work.


    What box do I fill first, say I want to use 100% of my USDT, whats the procedure?

    You have to manually type in the price then click 100% on USDT, just got it to work there.


  • Registered Users, Registered Users 2 Posts: 738 ✭✭✭hblock21


    bosco12345 wrote: »
    You have to manually type in the price then click 100% on USDT, just got it to work there.




    Did it. thanks


  • Registered Users, Registered Users 2 Posts: 423 ✭✭whiz


    Sorry, got mixed up in something else. It is just called Coinbase Wallet. Available on Google Play or Apple store

    Do people buy on coinbase and then transfer to the wallet ?
    I am right in saying there is no fee in doing this transfer and there is no fee in crypto purchased been stored in the wallet ?


    Any response appreciated.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    whiz wrote: »
    I am right in saying there is no fee in doing this transfer and there is no fee in crypto purchased been stored in the wallet ?

    There'll be a fee to transfer, Coinbase will tell you how much it is.

    No fee for holding in your off-exchange wallet, it's just a dumb address where you have to keep the private key safe. If/when you transfer out of that wallet you'll be charged by the network.


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  • Registered Users, Registered Users 2 Posts: 423 ✭✭whiz


    grindle wrote: »
    There'll be a fee to transfer, Coinbase will tell you how much it is.

    No fee for holding in your off-exchange wallet, it's just a dumb address where you have to keep the private key safe. If/when you transfer out of that wallet you'll be charged by the network.

    Looking at this link below it mentions no Transfer fee, where can I see information on the transferfee ?

    https://help.coinbase.com/en/coinbase/trading-and-funding/pricing-and-fees/fees


    Any response appreciated


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    whiz wrote: »
    Looking at this link below it mentions no Transfer fee, where can I see information on the transferfee ?

    https://help.coinbase.com/en/coinbase/trading-and-funding/pricing-and-fees/fees

    Third sentence onwards:
    We do not charge for transferring cryptocurrency from one Coinbase wallet to another. Coinbase incurs and pays network transaction fees, such as miner's fees, for transactions on cryptocurrency networks (i.e., transfers of cryptocurrency off the Coinbase platform). For these transactions Coinbase will charge you a fee based on our estimate of the network transaction fees that we anticipate paying for each transaction. In certain circumstances, the fee that Coinbase pays may differ from that estimate.

    It mentions no transfer fee from one Coinbase custodial wallet to another. Coin leaves Coinbase, fee gets charged. If you're hoping for a set fee or a percentage - it can't be a fixed amount on Coinbase's end when transferring out because network fees change depending on how busy the network is and how high the fee auction is going.

    Expect Ethereum and Bitcoin fees to be €5-€10 for the foreseeable, although if I were Coinbase I'd add an extra 20-50% to those fees cos otherwise they'll have tons of newbies moaning about their transaction not being confirmed within 20 minutes and that's a waste of Customer Service time.


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