Transfer BTC from Coinbase -> GDAX -> personal wallet for < .25% THEY SAID

So......I went to do this today. I saw it would cost about $30.00 to transfer $500 in BTC ($470 after fees), so i decided to follow the advice on here and do it thru GDAX for less that .25%.

Sounded like a great idea and innovative way to save some $$$.

quick rant

$30 for a god dam transfer of $470 after the purchase fees? SO.....most people have to work over an hour to transfer $470 in BTC now, after paying the Coinbase purchase fee? This shit is getting ridiculous!

/rant over

So now I have been waiting 5+ hours for my funds to leave Coinbase/GDAX.

Over 5 fucking hours and i can see the transaction on Coinbase as "Pending."

5+ hours of pending. This is bullshit.

It's like some rich white crooked asshole politicians recently woke and conspired:

"Randolph, I know how we can make an ass load of money in a hurry by fucking over the fringe users of the internet. It's call Bitcoin, and no one will suspect a thing, and the kicker is, these idiots are addicted to a product they get with it, so they will have no choice but to get royally ass raped! And we profit!"


Comments


[8 Points] DabbyRosin:

ROFL! If you still don't know about tx fees on btc right now, that's your own damn fault. Buy LTC or ETH.


[4 Points] Forlls_serious:

Commence the assrape in 5 4 3 2 1. Assrape


[3 Points] potsnpansbangbang:

Yea THE SAME thing is happening to me, but if you look at the average btc transaction times (quick google search a day) you could see that its happening to everyone today. Today the average transfer time is like 470 minutes


[3 Points] wordlol:

the 0.25% fee on gdax is not for transaction fees, it's for trading. 0.25% for taker order, 0 % fee for maker order.

you'll always pay a high tx fee with btc if just sending.

LTC and ETH are what people are using now.


[2 Points] gangsterdam020:

Gangsterism without prison time!


[2 Points] lonaraxYY:

"Randolph" he said lmao


[1 Points] swolemedic:

dude, things can take over 5 hours to leave just coinbase right now. Gdax free transfers will take even longer to show up on the chain but will move quickly after that, I had one take like 10 hours the other day. Chill the fuck out, you saved 30 bucks for a bit of delay


[-9 Points] smaoryar:

Wtf Why do you have to racialize it man? There's a reason why it's like that. I understand why bitcoin is like that very vaguely but to automatically think it's the white politician?