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Wait, I'm confused by your numbers there.

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?



There are no fees on GDAX (Coinbase’s exchange) if you are a market maker, i.e. post only limit orders. So $801 + $1122 + $1077 = $3000.

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.


I only post limit orders and pay 0% maker fee on GDAX. I've never paid to make a trade. If you do pay as a taker, BTC is 0.25% and LTC is 0.3%, but I set relatively conservative exits for my positions and haven't had much trouble making them.


are those coinbase fees? gdax fees are lower, and they're zero if your resting order gets hit




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