30 Mar '14, 6pm

Mundo Bitcoin: The only way to buy bitcoin at Coinbase without paying the 1% fee:

Somebody posted a text on the bitcoin Reddit last night telling people they could buy bitcoin at Coinbase without paying the 1% transaction fee simply by forcing Coinbase to charge the sale to a credit card that gave a 1% reward for purchases. That's not the case. If Coinbase charges the sale to your credit card you will be charged an additional 5% on top of the 1% fee. Coinbase actually warns you about this when you register a credit card for instant bitcoin purchases. They charge the 5% because that's what Visa, Mastercard, etc, will charge Coinbase to process the sale. The only way to avoid the 1% fee is this, although I guarantee nothing and I can't be held responsible if it doesn't work, as this is just for informative purposes: Coinbase has a referral program through which users get 5 dollars worth of bitcoin if they sign up a friend and that friend makes a bitcon pu...

Full article: http://www.blogdeizquierda.com/2014/03/mundo-bitcoin-only...

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