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

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Probably transfer fees

Why would you buy 1000 USDC?

AFAIK there are no crypto platforms that are FDIC insured

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