Are there any fees associated with sending Ethereum from GDAX to Binance?
Halvorsen StoneDec 25, 2021 · 3 years ago3 answers
Can you tell me if there are any fees involved when transferring Ethereum from GDAX to Binance?
3 answers
- Dec 25, 2021 · 3 years agoYes, there are fees associated with sending Ethereum from GDAX to Binance. When you initiate a transfer, GDAX charges a network fee for Ethereum withdrawals. The fee amount depends on the current network congestion and is subject to change. Additionally, Binance also charges a small fee for depositing Ethereum into your account. It's important to check both GDAX and Binance's fee schedules to understand the exact amount you'll be charged.
- Dec 25, 2021 · 3 years agoAbsolutely! When you send Ethereum from GDAX to Binance, you'll encounter fees. GDAX charges a network fee for Ethereum withdrawals, which can vary depending on network congestion. Binance also imposes a small fee for depositing Ethereum into your account. Make sure to review the fee schedules on both platforms to get a clear understanding of the charges involved.
- Dec 25, 2021 · 3 years agoCertainly! When transferring Ethereum from GDAX to Binance, you'll come across some fees. GDAX applies a network fee for Ethereum withdrawals, which is determined by the current network congestion. Binance also imposes a small fee for depositing Ethereum into your account. It's always a good idea to check the fee schedules on both platforms to know the exact charges you'll incur. If you're looking for a fee-free option, you may consider using other exchanges that offer lower or no fees for Ethereum transfers.
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