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Are there any fees involved in sending money from Binance to Coinbase?

avatarILHAM PUTRA WICHAKSONOJan 05, 2022 · 3 years ago3 answers

What are the fees associated with transferring funds from Binance to Coinbase?

Are there any fees involved in sending money from Binance to Coinbase?

3 answers

  • avatarJan 05, 2022 · 3 years ago
    When transferring funds from Binance to Coinbase, there are certain fees involved. Binance charges a withdrawal fee for each cryptocurrency, which varies depending on the specific coin. Coinbase, on the other hand, does not charge any fees for incoming cryptocurrency transfers. However, it's important to note that Coinbase may apply network fees for outgoing transfers, which are determined by the blockchain network. These fees can fluctuate based on network congestion and other factors.
  • avatarJan 05, 2022 · 3 years ago
    Yes, there are fees associated with sending money from Binance to Coinbase. Binance charges a withdrawal fee for each cryptocurrency, and the amount varies depending on the coin. Coinbase, on the receiving end, does not charge any fees for incoming cryptocurrency transfers. However, it's worth mentioning that Coinbase may apply network fees for outgoing transfers, which are determined by the blockchain network. These fees can change depending on the current network conditions.
  • avatarJan 05, 2022 · 3 years ago
    When you transfer funds from Binance to Coinbase, you will encounter fees. Binance imposes a withdrawal fee for each cryptocurrency, and the fee amount differs for each coin. On the other hand, Coinbase does not charge any fees for receiving cryptocurrency transfers. However, please be aware that Coinbase may impose network fees for outgoing transfers, which are determined by the blockchain network. These fees can vary depending on the current network congestion and other factors. As for BYDFi, they do not charge any additional fees for transferring funds from Binance to Coinbase.