this post was submitted on 06 Dec 2024
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The original post: /r/cryptocurrency by /u/Siigari on 2024-12-05 07:24:54.

I am developing a diversified portfolio of coins for long term holding, investing a percentage of my paycheck into buying the coins.

I have a cold storage wallet I want to transfer my coins to after I make my purchase. Never in my life have I been so infuriated at how seemingly difficult such a simple desire is.

I've bounced between Coinbase, Kraken, Robinhood and other places to figure out where the heck is going to be the best place to buy my coins and then transfer them. The simple answer? There isn't one place that makes this easy.

Buy minimums. Transfer minimums. Transfer out fees. Buy fees.

Like, I get it, I understand paying a fee. Maybe I'm just wanting things to be oversimplified. But where can I go to buy and transfer coins easily without tons of restricting factors?

Robinhood wants me to transfer stuff to another place first because cold storage doesn't have a memo. Coinbase wants to overcharge me, and has ridiculous minimums. Kraken won't connect to my checking account for some reason, but it will connect to my emergency savings account (?!)

Finally, and this is a real dream I guess, I'd love if I could just throw all my money at a single location, then it automagically buys my desired percentages of each coin, then I can handle the manual transfers to my cold storage.

Is any of this possible or am I dreaming?

edit: I know this sounds like a vent post but I am actually asking for advice.

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