Crypto Newbie here. Cost me $1000 via direct bank transfer to buy 1000 USDC on Coinbase. But Celsius asked me for $1,113 for 1000 USDC. Por Que? Is this a wallet vs savings account thing?

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Yeah I’ve got $10k GUSD with Celsius. About half my savings, the other in traditional fiat


Probably transfer fees

Why would you buy 1000 USDC?

AFAIK there are no crypto platforms that are FDIC insured

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