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@HideNotSlide

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@HideNotSlide

Helping investors become smarter & more informed about exchanges.

LOST IN THE CITADEL SECURITIES
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    Hide Not Slide‏ @HideNotSlide May 20

    Can someone explain to me why Coinbase Pro charges 75% lower fees than Coinbase proper for the same service? Like how is a 3x cheaper product with 0 switching costs hiding in plain sight? CB on the left, CB Pro on the rightpic.twitter.com/PydZ97nOOM

    4:13 PM - 20 May 2021
    • 2 Retweets
    • 31 Likes
    • Rockaway Capital WHONK! Kanav Kariya feebased Rob Mackenzie Smith Bryan Green Vishnu Ravikumar Dawg Markets Vic
    15 replies 2 retweets 31 likes
      1. Hide Not Slide‏ @HideNotSlide May 20

        "Hey you should buy our Frosted Flakes, only $4.99 per box!" "What's that over there?" "Oh that, that's Frosted Flakes Pro™, don't worry about that." "It looks like the same thing, and it's only $1.99?" "That's for professionals only, let's focus on this box right here"

        0 replies 0 retweets 18 likes
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      1. Greener 🌲‏ @Greener1871 May 20
        Replying to @HideNotSlide

        Less features on pro- no staking, no earn, no referral bonus

        0 replies 0 retweets 0 likes
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      1. Spencer Bosma‏ @SpencerBosma May 20
        Replying to @HideNotSlide

        was going to say you're comparing maker vs. taker fee, but CB Pro has 0.5% for both (up to 10k). simple reason might be retail hodlers don't care about fees, and CB Pro is competing with other exchanges (for professionals who do and would complain)

        0 replies 0 retweets 1 like
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      1. Market Plumber‏ @MarketPlumber May 20
        Replying to @HideNotSlide

        That’s a question for @Observatory13

        0 replies 0 retweets 1 like
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      1. Cromwell Coulson‏Verified account @cromwellc May 20
        Replying to @HideNotSlide

        Equities brokers and regulated market operators are jealous of the pro fees. We can only 😴 of 50 bps

        0 replies 0 retweets 3 likes
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      1. Aaron Dalnoot‏ @AaronDalnoot May 20
        Replying to @HideNotSlide

        Don’t understand it at all, but having made the switch the Pro phone app is pretty clunky in comparison

        0 replies 0 retweets 0 likes
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      1. Thinking of something profound‏ @Whale_FallCaptl May 20
        Replying to @HideNotSlide

        Other parts of the world don't allow for direct deposits into CB pro (like in canada) so I'm forced to eat Coinbase normal fees and a 1500 weekly limit unless I'm an institution. In the US it's simple enough to pay .5% instead of 3.84%

        0 replies 0 retweets 1 like
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      1. Jamie Selway‏ @JSelway3 May 20
        Replying to @HideNotSlide

        https://youtu.be/Alf19unbtVs 

        0 replies 0 retweets 1 like
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      1. dan‏ @Dan_In_Boulder May 20
        Replying to @HideNotSlide

        Because fleecing unsuspecting retail investors has been a tried and true moneymaker for centuries.

        0 replies 0 retweets 2 likes
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      1. Chris Grobbel‏ @ChrisGrobbel May 20
        Replying to @HideNotSlide

        Isnt it a function of custody?

        0 replies 0 retweets 0 likes
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