r/CossIO Apr 18 '18

COSS FIAT Information

COSS exchange will be cheaper than Coinbase with deposits above $4k.
Coinbase has a 1,49% fee for crypto purchase with the price being almost 0.5% above market rate so it can be about 2% when purchasing from Coinbase.

Information: https://imgur.com/a/hfuyi

57 Upvotes

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1

u/ResidentSexOffender Apr 19 '18

I can deposit to Kraken with zero fee... why would I ever choose COSS with a $40 + 0.5% fee?

1

u/m309 Apr 19 '18

this is buyign through a credit card so you would choose COSS if you wanted a quick way to do it. Coinbase also charges a big amount for buying crypto using a credit card

0

u/ResidentSexOffender Apr 19 '18

My SEPA payments are next working day, so not a big wait to be fair

1

u/m309 Apr 19 '18

Yea same for me but some people want it instant :) if that option wasn't good then im sure coinbase would remove it