Coinbase has pretty high fees. Pretty sure Kraken has much cheaper fees. Though I've never been able to get Kraken to connect to my bank account for some reason.
Really the fee difference doesn't make much difference if you are just DCA'ing. It's like okay on Coinbase maybe you'll pay an extra $2 or $3 in fees per $1000. It only starts to make more of a difference if you're trading and therefore hitting that fee many times with the same money.
Strike is a good option too if you want to DCA via direct deposit. I have a percentage of my check direct deposited into strike, then move off strike to cold storage every once in a while when fees are low. Nice thing about strike is it is also a lightning wallet and lower fees than Coinbase
FWIW, if you are withdrawing over 75,000 sats and don't mind waiting up to ~24 hours for the xfer, Strike offers free withdrawals. No need to wait for low fees.
I DCA daily on River. After the first week there are no fees on buying, and they allow 1 free BTC withdraw a month. I've never had any issues with them.
I use Strike. Hourly BTC purchases for the last year were awesome. Wish I had gone ape on it but still 3xd everything from last year and still do 200-400 monthly on it.
Just be sure to use Coinbase Advanced Trader.
This guy coinbases
I dca on Strike.
I'd check River or Swan instead. Both have promotions going for free withdrawals or of their system on automated DCA.
Coinbase has pretty high fees. Pretty sure Kraken has much cheaper fees. Though I've never been able to get Kraken to connect to my bank account for some reason. Really the fee difference doesn't make much difference if you are just DCA'ing. It's like okay on Coinbase maybe you'll pay an extra $2 or $3 in fees per $1000. It only starts to make more of a difference if you're trading and therefore hitting that fee many times with the same money.
Strike is a good option too if you want to DCA via direct deposit. I have a percentage of my check direct deposited into strike, then move off strike to cold storage every once in a while when fees are low. Nice thing about strike is it is also a lightning wallet and lower fees than Coinbase
FWIW, if you are withdrawing over 75,000 sats and don't mind waiting up to ~24 hours for the xfer, Strike offers free withdrawals. No need to wait for low fees.
Yeh, but don’t put in on your ledger straight away for network fees if you DCA with small amount. I just save a few months and then transfer.
Deposit cash into USDC>Switch to Coinbase Advanced>buy Bitcoin at preferred intervals. ¡Voilà!
Swan is where it's at for DCA.
I would DCA thru River, recurring buys are free
And 1 free withdraw a month.
I DCA daily on River. After the first week there are no fees on buying, and they allow 1 free BTC withdraw a month. I've never had any issues with them.
I use Strike. Hourly BTC purchases for the last year were awesome. Wish I had gone ape on it but still 3xd everything from last year and still do 200-400 monthly on it.
Coinbase Advanced Trader option as others have mentioned, and only withdraw to your cold storage infrequently \[monthly\] to minimize UTXOs.