common-close-0
BYDFi
Trade wherever you are!

Are there any fees involved in transferring from Kraken to Coinbase?

avatarSofia MelnykDec 29, 2021 · 3 years ago3 answers

I'm planning to transfer my funds from Kraken to Coinbase. Are there any fees involved in this transfer? I want to make sure I understand the costs before proceeding.

Are there any fees involved in transferring from Kraken to Coinbase?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees involved in transferring from Kraken to Coinbase. Both Kraken and Coinbase charge fees for withdrawals. Kraken's fee structure depends on the cryptocurrency you're transferring, while Coinbase has a flat fee for withdrawals. It's important to check the fee schedules of both exchanges to understand the exact costs involved.
  • avatarDec 29, 2021 · 3 years ago
    Transferring funds from Kraken to Coinbase does incur fees. These fees vary depending on the specific cryptocurrencies you're transferring. It's recommended to review the fee structures of both Kraken and Coinbase to get a clear understanding of the costs involved. Keep in mind that fees may change over time, so it's always a good idea to stay updated.
  • avatarDec 29, 2021 · 3 years ago
    When transferring funds from Kraken to Coinbase, you may encounter fees. It's important to note that these fees are not set by BYDFi, but rather by the respective exchanges. Kraken and Coinbase have their own fee structures for withdrawals. To get accurate information on the fees involved, I recommend checking the official websites of Kraken and Coinbase.