Transfer coins from CB Pro to Crypto.com app for Earn
I’d like to transfer some ETH and BTC from Coinbase Pro to Crytpo.com. What is the cheapest way to do this, while trying to avoid a taxable event?
I tried a test withdrawal of 0.0003 BTC (~$15) and the fee looks to be 0.00000199 which is about 60 cents. Will I get hit with a hidden fee by Crytpo.com? Since I’m transferring (withdraw and deposit), there’s no concept of spread, right?
BTC fees seem fair, but what about ETH?
I use CB Pro for trading since there is no exchange in the US yet but I want to put my funds to work in CDC earn. Their earn rates, given I am an indigo card holder, are pretty much the best I’ve come across. I saw hodlnaut had slightly higher rate but I’m not going to create another account for 1%. I also can’t figure out rocketpool and how it works… so keeping it simple w CDC.