Currently in the process of deleting my coinbase account in preparation of 31/03 to begin using Nash as my main exchange. One thing CoinbasePro was good for was the speed and cost (£0) in depositing and withdrawing fiat. I know Nash is planning on initially eliminating the step of having to hold a fiat balance so customers can buy/sell instantly, but at what cost?
I wonder what the fees will be to instantly buy and sell crypto via fiat partners on the Nash exchange? I know of course this will vary by provider and region, but it would be good to speculate, even if just to encourage Nash to pressure partners to keep fees low, or eliminated all together.
If there is a significant cost (>0.5%), if and when Nash get their licenses to hold fiat, will there be a (near) free option to deposit/withdraw fiat from a balance. Similar to how it currently is on Coinbase Pro?
Coinbase’s current fees: