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Are there any fees involved in transferring ETH from Coinbase to Coinbase Wallet?

avatarOfirJan 01, 2022 · 3 years ago3 answers

What are the fees associated with transferring ETH from Coinbase to Coinbase Wallet?

Are there any fees involved in transferring ETH from Coinbase to Coinbase Wallet?

3 answers

  • avatarJan 01, 2022 · 3 years ago
    Yes, there are fees involved in transferring ETH from Coinbase to Coinbase Wallet. Coinbase charges a network fee for all outgoing transactions. The fee amount depends on the current network congestion and can vary over time. It is important to check the fee before initiating the transfer to ensure you are aware of the cost involved. Additionally, Coinbase may also charge a small fee for the transaction itself. It is recommended to review Coinbase's fee schedule for the most up-to-date information.
  • avatarJan 01, 2022 · 3 years ago
    Transferring ETH from Coinbase to Coinbase Wallet does incur fees. Coinbase charges a network fee to cover the cost of processing the transaction on the Ethereum network. The fee amount is dynamic and can vary based on network congestion. It's advisable to check the fee before initiating the transfer to avoid any surprises. Keep in mind that Coinbase Wallet itself is a non-custodial wallet, meaning you have full control over your funds and transactions, but you are responsible for paying the associated fees.
  • avatarJan 01, 2022 · 3 years ago
    When transferring ETH from Coinbase to Coinbase Wallet, there are fees involved. Coinbase charges a network fee for processing the transaction on the Ethereum network. The fee amount is determined by the current network congestion and can fluctuate. It's important to note that Coinbase Wallet is a self-custody wallet, which means you have complete control over your funds, but you are responsible for paying the fees. Make sure to review the fee schedule on Coinbase's website for the most accurate and up-to-date information.