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Are there any fees involved in converting WETH to ETH on Coinbase Wallet?

avatarLandry BegumDec 25, 2021 · 3 years ago3 answers

I'm planning to convert WETH to ETH on Coinbase Wallet, but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees for this conversion?

Are there any fees involved in converting WETH to ETH on Coinbase Wallet?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees involved in converting WETH to ETH on Coinbase Wallet. Coinbase charges a fee of 1.49% for cryptocurrency conversions. So, when you convert WETH to ETH, you will be charged this fee. Keep in mind that fees may vary depending on the current market conditions and the specific exchange rate at the time of conversion.
  • avatarDec 25, 2021 · 3 years ago
    Converting WETH to ETH on Coinbase Wallet does come with fees. Coinbase charges a conversion fee of 1.49% for cryptocurrency transactions. This fee is deducted from the total amount you are converting. So, if you convert 1 WETH to ETH, you will receive slightly less than 1 ETH due to the fee deduction.
  • avatarDec 25, 2021 · 3 years ago
    When converting WETH to ETH on Coinbase Wallet, there are fees involved. Coinbase charges a conversion fee of 1.49% for cryptocurrency transactions. This fee is applied to the total amount you are converting. For example, if you convert 10 WETH to ETH, you will be charged a fee of 0.149 ETH. It's important to consider these fees when planning your conversions on Coinbase Wallet.