Wallets that has no fees for internal transactions.

[pacific 2268]

Hello!

Cryptotalk enthusiasts

We all have noticed that Coinbase crypto wallet has no fees for internal transactions. So, I just want to know if there is any other crypto wallets which has the same feature?

Quote

Is there any crypto wallets that has no any fees for internal transfer?

So, Please update me, if such mobile wallet (application) do exists.

Your recommendations are highly appreciated.

Thanks in advance!

[Calvinpriva 17296]

Unfortunately I do not use Coinbase because I can only deposit and withdraw coins but they do not allow me to trade my coins, I think they do not offer all of their services in some countries. I use Faucetpay microwallet, it is very safe and I can send any coin that I want for free to another Faucetpay user using their email addresses.

[MrSpasybo 1049]

I don't understand how Coinbase can support global transactions without incurring transaction fees. If it only allows 1 user in the US to transfer money to the account of 1 user in China easily, then it is nothing special, all assets are still in the Coinbase general wallet, similar to Binance collects transaction fees very cheaply, just 0.1% while gas on Ethereum is very expensive.

[Mella 3680]

I do not know exactly what coinbase is doing. Probably this is not a real wallet if it allows you to move from exchange without any fees. It can be an internal service by coinbase that is offered for free.

I have not seen this anywhere and I don't think that Coinbase will send to another address and pay the fees for you.

Edited April 6, 2021 by Mella

[Malik jnb 704]

On 2/24/2021 at 7:16 PM, pacific said:

Hello!

Cryptotalk enthusiasts

We all have noticed that Coinbase crypto wallet has no fees for internal transactions. So, I just want to know if there is any other crypto wallets which has the same feature?

So, Please update me, if such mobile wallet (application) do exists.

Your recommendations are highly appreciated.

Thanks in advance!

In my opinion it is wrong information about coinbase. It is take a fee international transection. I use this when I take a withdraw it take a charges from me. 

[Nina26 118]

Well i always use trust wallet and it has low transaction fee so i have no idea about coinbase or other wallets. But i think all wallet has more or less internal transaction fee. 

Edited April 9, 2021 by Nina26

[Ridam 7455]

Well, for the custodial wallets yes you can use them for free in doing the international transactions. For the non-custodial wallets there is no wallet which provides the free transactions, this is because you need to write the transaction in the Blockchain and yes it costs fee. 
If you just want custodial service then you can do it using the Coinbase or Binance exchanges( These are exchanges and the service is custodial so be sure about your funds). Binance also allows the transfer from Binance to Binance free,ie. they will refund the fee if receiving wallet is Binance wallet.

If you want btc transactions then lighting network wallets would be the best choice like Wallet Of Satoshi which I use personally and fee is like 1-2 satoshi maximum. But it is also custodial network, for decentralized Lighting network you can look for lighting wallet application in store.

[Ziyech 478]

 Sadly, I aren't using Coinbase since they only permit me to deposit and withdraw coins, not exchange them; I believe they do not have all of their operations in all countries. I use the Faucetpay microwallet since it is very reliable and allows me to submit any coin I want to some other Faucetpay user utilizing the email accounts unrestricted.

[Alex Fron 602]

I have used it some days ago and then left the wallet and moved to Payeer wallet. From this duration, I don't have noticed about the transaction fee internally because I haven't tried it. But I also think that it is a good quality of the wallet that have not any fee for transaction of money through one Coinbase wallet to another Coinbase wallet.

[Whited35 15285]

Coinbase has such feature but not so many wallets in the crypto sphere do offer the feeless transactions even for the internal transfer. Faucetpay is good option as it offers the similar features like Coinbase. I think PayRue and Uphold wallet are also releasing such features to an enhanced services to its users, keep following their announcements.