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Are there any fees involved in transferring Litecoin from Coinbase to Poloniex?

avatarJan harvey LisingDec 28, 2021 · 3 years ago3 answers

I want to transfer my Litecoin from Coinbase to Poloniex. Are there any fees involved in this transfer?

Are there any fees involved in transferring Litecoin from Coinbase to Poloniex?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees involved in transferring Litecoin from Coinbase to Poloniex. Coinbase charges a network fee for every transaction, which is typically around 0.0002 LTC. Additionally, Poloniex may also charge a small fee for receiving Litecoin deposits. It's important to check the fee schedule on both platforms before making the transfer to understand the exact fees involved.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When you transfer Litecoin from Coinbase to Poloniex, you'll have to pay a network fee. Coinbase charges a small fee for every transaction, which is deducted from the total amount you're transferring. Poloniex may also have its own fee for receiving Litecoin deposits. Make sure to check the fee schedule on both platforms to avoid any surprises.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees involved in transferring Litecoin from Coinbase to Poloniex. Coinbase charges a network fee for every transaction, which is deducted from the amount you're transferring. Poloniex may also have its own fee for receiving Litecoin deposits. However, the fees are usually minimal and shouldn't significantly impact your transfer.