Buy: 300 LTC @ 241 = $72,300 + 1.49% fee ($1077) = $73,377 cost basis
Sell: 300 LTC @ 251 = $75,300 - 1.49% fee ($1122) = $74,178 gross
$74,178 - $73,377 = $801 net
and that's before accounting for taxes. What am I missing here?
Even if you don’t plan to trade, it might be a good idea to buy/sell through GDAX rather than Coinbase to avoid the fees.
Buy: 300 LTC @ 241 = $72,300 + 1.49% fee ($1077) = $73,377 cost basis
Sell: 300 LTC @ 251 = $75,300 - 1.49% fee ($1122) = $74,178 gross
$74,178 - $73,377 = $801 net
and that's before accounting for taxes. What am I missing here?