1. Coinbase recommends me to have vault. Is it really important to get that? What are the pros and cons?
2. The minimum charges at Coinbase are 1.5% if you fund through bank account. However I was thinking of doing through GDAX to save on transaction fees. Suppose I put a buy order of 1000 LTC/USD at the time when LTC was $40.
2.1 Will this only execute if I get seller(s) who have a sell order of 1000LTC/USD or more? Also what is the timeout after which this won't be executed.
2.2 Also suppose the transaction got executed after 10 minutes by when the price changed to $35. Will My buy order be at $35 or $45?
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2. accidently did limit orders too close to price point and got hit with $20 in fees. other transactions went fine. coinbase locks in price at confirmation screen, almost instant. you'll get coins in about 1 week.
2.1 coinbase buys are directly through coinbase. gdax is from other users. you can do good until cancelled orders.
2.2 $35, it's locked in on confirmation page on coinbase.
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