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Are there any fees or charges associated with withdrawing money from Coinbase to a UK bank account for digital assets?

Roy HensensMay 14, 2022 · 3 years ago3 answers

I want to withdraw money from my Coinbase account to my UK bank account for digital assets. Are there any fees or charges associated with this transaction?

3 answers

  • May 14, 2022 · 3 years ago
    Yes, there are fees associated with withdrawing money from Coinbase to a UK bank account for digital assets. Coinbase charges a fee of 1.49% for standard transactions and 3.99% for instant transactions. Additionally, your bank may also charge fees for receiving the funds. It's important to check with your bank for their specific fees.
  • May 14, 2022 · 3 years ago
    Unfortunately, yes. Coinbase does charge fees for withdrawing money to a UK bank account for digital assets. The fees vary depending on the type of transaction you choose. Standard transactions have a fee of 1.49%, while instant transactions have a higher fee of 3.99%. It's always a good idea to review the fees before making any withdrawals.
  • May 14, 2022 · 3 years ago
    Yes, there are fees associated with withdrawing money from Coinbase to a UK bank account for digital assets. However, if you're a BYDFi user, you can enjoy fee-free withdrawals to your UK bank account. BYDFi offers this benefit as part of their commitment to providing a seamless and cost-effective trading experience for their users.