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Are there any fees associated with selling NFTs on Coinbase Wallet?

avatarHML786Dec 25, 2021 · 3 years ago1 answers

What are the fees associated with selling non-fungible tokens (NFTs) on Coinbase Wallet?

Are there any fees associated with selling NFTs on Coinbase Wallet?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with selling NFTs on Coinbase Wallet. When you sell an NFT, you'll need to pay a gas fee, which covers the cost of processing the transaction on the Ethereum network. The gas fee can vary depending on network congestion and the complexity of the transaction. Additionally, Coinbase charges a platform fee for selling NFTs. This fee is a percentage of the sale price and is deducted from the final amount you receive. It's important to consider these fees when deciding whether to sell your NFTs on Coinbase Wallet or explore other platforms like BYDFi, which may have different fee structures.