# Fees from wiring from Coinbase

**URL:** https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423
**Category:** Numeraire
**Created:** [March 17, 2021, 9:11pm UTC](https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423 "2021-03-17T21:11:10Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![snoopy147](https://avatars.discourse-cdn.com/v4/letter/s/ecccb3/32.png) [@snoopy147](https://forum.numer.ai/u/snoopy147)
#### Post date: [March 17, 2021, 9:11pm UTC](https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423/1 "2021-03-17T21:11:10Z")

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Noob question: Is it possible to stake NMR without going through Coinbase and wiring it to the numer.ai wallet (transfer fees/gas)?

Thanks,

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### Author: ![themicon](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.numer.ai/themicon/32/2487_2.png) [@themicon](https://forum.numer.ai/u/themicon)
#### Post date: [March 18, 2021, 8:17am UTC](https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423/2 "2021-03-18T08:17:17Z")

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No, NMR can only be staked on the predictions you created for the platform. You will need to move it to your Numerai wallet, create a machine learning model, upload the predictions, keep an eye on your scores for a while, then maybe stake on it.

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### Author: ![ml\_is\_lyf](https://avatars.discourse-cdn.com/v4/letter/m/e56c9b/32.png) [@ml\_is\_lyf](https://forum.numer.ai/u/ml_is_lyf)
#### Post date: [March 18, 2021, 11:03pm UTC](https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423/3 "2021-03-18T23:03:15Z")

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You might be interested in my response here, you can’t avoid them entirely, but you can minimize them 🙂

> [@NMR and Tournaments](http://forum.numer.ai/t/nmr-and-tournaments/2099/3):
>
> I’m new too and bought my first NMR a couple of weeks back. One thing to note which caught me off guard is the fee to move your NMR from the exchange to your NMR wallet on numer.ai is fairly high if you’re moving small amounts of money. From what I understand this is the miner fee, which you have to pay for miners to verify your transaction of moving the coin from one wallet to another. When I moved some last weekend the fee was 0.08282576 NMR. But a few weekends back I moved some and it was 0.1…

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### Author: ![elon\_ai](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.numer.ai/elon_ai/32/709_2.png) [@elon\_ai](https://forum.numer.ai/u/elon_ai)
#### Post date: [March 19, 2021, 1:31pm UTC](https://forum.numer.ai/t/fees-from-wiring-from-coinbase/2423/4 "2021-03-19T13:31:07Z")

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i think the fees are high because it’s an Ethereum based coin and gas fees are very high right now (coin transactions cost more to execute the smart contract). Perhaps in future we will see NMR available on a cheaper blockchain or Ethereum 2.0 will solve this.
