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Be careful using Coinbase One for trading. "Zero trading fees" is a lie.

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by COINS NEWS 126 Views

So I recently decided to try out day/swing trading and thought I'd use Coinbase because of the zero fees they're pushing on their subscription service.

I signed up for it just based on what it shows you on the outside.

When you click on it, you get a bit more info, and should definitely do more digging to see what you truly get.

Pretty BS. Also annoying because it says it doesn't apply to Coinbase Pro on that part, but there is nothing about Advanced Trading except for a little snippet on the Advanced Trading app itself.

So you have to trade by buying and selling at market value, and you have to deal with their spread, rather than waiting for a better price. You're also done after one big trade if you're using an account over $10k.

I feel like this is complete false advertisement, and they need to change the way they are pushing this "zero fee trading" BS.

submitted by /u/MrCarey
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