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A comment on Coinbase Announces Listing Date of Its Stock on the Nasdaq. Parent comment

Re:Coinbase Announces Listing Date of Its Stock on the Nasdaq by xienze on Thursday April 01, 2021 @06:52PM (#26667274)
Well first, how are you gonna get Eth or whatever to use that DEX? Some apps have payment options but hoooo boy are the fees outrageous. Coinbase doesn’t have the best fees in the world but just mosey on over to Coinbase Pro and it’s a whole lot better.

Then there’s the gas fees on Uniswap. Not even worth bothering with unless you plan on making $1000+ trades.

The other thing to consider is that for newbies they offer a safe platform with a list of established coins. That counts for something.

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Re:Coinbase Announces Listing Date of Its Stock on the Nasdaq by ryanSrich on Thursday April 01, 2021 @07:02PM (#26667359)
Onramp is a good point. Didn't think of that.

> Then there’s the gas fees on Uniswap. Not even worth bothering with unless you plan on making $1000+ trades.

This is fixed by PancakeSwap.

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Re:Coinbase Announces Listing Date of Its Stock on the Nasdaq by rawtxapp on Thursday April 01, 2021 @07:06PM (#26667391)
PancakeSwap which is running on a "decentralized" network, "CeDeFi" as CZ calls it, that's tightly controlled by Binance.

I think the real solution are layer 2s, optimism comes to mind, but there are many others too.

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