Coinbase payout threshold to decline dramatically
Posted: Fri Dec 15, 2017 2:48 pm
The payout threshold for Coinbase dollar payouts will be declining dramatically beginning next week. I determined that if we send bitcoins to Coinbase in one large transaction, and then use the user's E-Mail address instead of getting a deposit address, no additional fees are charged. Therefore, there is no reason not to sell bitcoins every single day for all users who want to be paid in dollars.
I lowered the threshold to $100 tomorrow for a testing period, and then it will be lowered to $1 on Monday after we've proven this method works.
I lowered the threshold to $100 tomorrow for a testing period, and then it will be lowered to $1 on Monday after we've proven this method works.