Are there any fees involved when transferring money from Coinbase to Electrum?
David ChamounMay 02, 2022 · 3 years ago3 answers
What are the fees associated with transferring money from Coinbase to Electrum?
3 answers
- May 02, 2022 · 3 years agoYes, there are fees involved when transferring money from Coinbase to Electrum. Coinbase charges a network fee for sending cryptocurrencies to external wallets like Electrum. The fee amount depends on the cryptocurrency you are transferring and the current network congestion. It is important to check the fee schedule on Coinbase before making the transfer to know the exact amount you will be charged.
- May 02, 2022 · 3 years agoTransferring money from Coinbase to Electrum incurs fees. Coinbase charges a fee for sending cryptocurrencies to external wallets. The fee is deducted from the total amount you are transferring. The fee percentage varies depending on the cryptocurrency you are transferring. It is advisable to check the fee structure on Coinbase's website for the most up-to-date information.
- May 02, 2022 · 3 years agoWhen transferring money from Coinbase to Electrum, there are fees involved. Coinbase charges a network fee for sending cryptocurrencies to external wallets. The fee is determined by the current network congestion and the cryptocurrency being transferred. It is recommended to review the fee schedule on Coinbase's website to understand the specific fees associated with your transfer.
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