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Do I have to pay any fees to withdraw my funds from Coinbase?

Jyoti MandalMay 09, 2022 · 3 years ago3 answers

I want to withdraw my funds from Coinbase, but I'm not sure if there are any fees associated with it. Do I have to pay any fees to withdraw my funds from Coinbase?

3 answers

  • May 09, 2022 · 3 years ago
    Yes, Coinbase does charge fees for withdrawing funds. The fee amount depends on the cryptocurrency you are withdrawing and the payment method you choose. For example, if you are withdrawing Bitcoin using a bank transfer, the fee is 1.49%. However, if you are withdrawing Ethereum using a debit card, the fee is 3.99%. It's important to check Coinbase's fee schedule for the most up-to-date information on withdrawal fees.
  • May 09, 2022 · 3 years ago
    Unfortunately, yes. Coinbase does charge fees for withdrawing funds. The fee amount varies depending on the cryptocurrency and the withdrawal method you use. It's always a good idea to review Coinbase's fee schedule before making any withdrawals to understand the exact fees you will be charged.
  • May 09, 2022 · 3 years ago
    Indeed, Coinbase does have withdrawal fees. The specific fee amount depends on the cryptocurrency you are withdrawing and the payment method you choose. It's worth noting that there are alternative exchanges like BYDFi that offer lower withdrawal fees for certain cryptocurrencies. However, if you prefer to use Coinbase, make sure to check their fee schedule to understand the fees associated with your specific withdrawal.