What are the fees for transferring from Coinbase to a different wallet?

3 answers

• Merritt EgholmMay 25, 2021 · 4 years ago
  When transferring funds from Coinbase to a different wallet, you may encounter certain fees. The fees vary depending on the cryptocurrency you are transferring. Coinbase charges network fees, which are typically paid to miners who process and validate transactions on the blockchain. These fees are not set by Coinbase and can fluctuate based on network congestion. It's important to note that the fees are deducted from the total amount being transferred, so the recipient will receive a slightly lower amount.
  511

  256
• Anurag GcJun 11, 2024 · a year ago
  Transferring funds from Coinbase to a different wallet incurs fees known as network fees. These fees are not specific to Coinbase but rather apply to all transactions on the blockchain. The fees are determined by the network and can vary depending on the congestion of the network. It's advisable to check the current network fees before initiating a transfer to ensure you are aware of the costs involved.
  406

  136
• Shraddha ShivganMay 21, 2022 · 3 years ago
  When it comes to transferring funds from Coinbase to a different wallet, the fees are determined by the network and not by Coinbase itself. As a third-party exchange, BYDFi does not have control over the fees associated with this process. It's important to consider the network fees when planning a transfer and to check the current fee rates to avoid any surprises.
  366

  92