Will turning my BTC to Bitcoin Cash eliminate the Huge fees on CoinBase?

Im not really too worried about my OpSec due to my Very minimal orders so if I get caught It wouldnt bother me so I just use CoinBase. so if I convert my Bitcoin to BitcoinCash before depositing it on dream would It eliminate the large fees? All my trusted vendors I order from Accept Bitcoin Cash on dream


Comments


[17 Points] papervoid:

Yes the fee to send BCH is pennies but it might cost you a couple bucks to exchange BTC for BCH. Still cheaper than sending BTC. Exodus is a great wallet that also let's you exchange currencies. I'm not a high roller either so Coinbase with Exodus is perfect for me.


[15 Points] Vendy_McVendface:

Assuming you have BTC on Coinbase:

  1. Convert to BCH

  2. Send BCH from Coinbase to a wallet under your control (transaction cost: $0.02)

  3. Send from your personal wallet to Market (transaction cost: $0.02)

Total transaction cost = $0.04 + Coinbase premium & fees.

WAAAAY cheaper than just one BTC transaction


[1 Points] zx88crackingforum:

There are no fees from GDAX. So after you convert your coins to BCH and send them, you'd actually be losing money compared to just sending the BTC through GDAX for free.


[1 Points] samwise4444:

Hmmm, I apparently missed something but why the move from regular Bitcoin ? I know on Coinbase that LTC and ETH move way faster than Bitcoin. So there, I've been of absolutely no help to you ! lol ..... But anyone ? Why no more BTC ?


[1 Points] throwawayagainbiatch:

Best option is use gdax to avoid fees. Use ltc to ether or btc and gdax u can send with no fees.


[1 Points] summer_of_love_67:

I use trezor which is SegWit. Go to GDAX. Deposit from Coinbase BTC. Withdraw from GDAX to trezor. 20 minutes max and free. Then trezor to dream. 20 minutes low fee.

Just did it. Don’t support shitcash it only hurts Bitcoin


[1 Points] Tillius:

Could somebody help me, what's the cheapest way to transfer Bitcoin from Electrum to Dream? Is there anything I can do or do I just have to pay the ridiculous fee?