but I think there are other hidden costs with crypto.
Exactly, there are Exchange, Slippage and GAS fees, which are an Extra Added cost
Slippage could be as much as 4% or 5% ! but it is normally in the 1% to 2% range
Make Sure you are using the Polygon Mainnet. Gas Fees are Low compared to Ethereum.
Can you Get Zero Fees?As I write this, Coinbase introduced a Membership ( $29.99 a Month ) called Coinbase One
You get a free 30 day trial...
Members get ZERO fee transactions...
So when I add funds to my Wallet.
there are ZERO fees and ZERO Slippage. Add $250 and I get $250
Then when I transfer the Crypto from Coinbase to my Metamask polygon Wallet, Again Zero Fees and Zero Slippage.
I Send $250 USDC from Coinbase to My Wallet and I get $250 USDC
I'm not sure if I will remain a Subscriber.
I'd have to do about $1000 a month in trades to make up for that $30 fee
and I'm just not that Active with Crypto yet..