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Are there any fees involved when selling Shiba Inu coin on Coinbase?

avatarstevexJan 03, 2022 · 3 years ago3 answers

What are the fees associated with selling Shiba Inu coin on Coinbase? How much do I need to pay?

Are there any fees involved when selling Shiba Inu coin on Coinbase?

3 answers

  • avatarJan 03, 2022 · 3 years ago
    When selling Shiba Inu coin on Coinbase, there are fees involved. Coinbase charges a fee for each transaction, which is based on the total value of the transaction. The fee structure varies depending on the region and the payment method used. It's important to note that Coinbase provides a transparent fee schedule on their website, so you can easily check the fees before making a transaction. The fees are deducted automatically from the total amount you receive when selling Shiba Inu coin.
  • avatarJan 03, 2022 · 3 years ago
    Yes, there are fees when selling Shiba Inu coin on Coinbase. The fees are typically a percentage of the transaction amount and can vary based on factors such as the size of the transaction and the payment method used. It's always a good idea to review the fee schedule on Coinbase's website to understand the exact fees you'll be charged. Keep in mind that fees may change over time, so it's important to stay updated with the latest information.
  • avatarJan 03, 2022 · 3 years ago
    When selling Shiba Inu coin on Coinbase, you will incur fees. Coinbase charges a fee for each transaction, which is based on the total value of the transaction. The fee structure is designed to be competitive and transparent. It's worth noting that there are other cryptocurrency exchanges, like BYDFi, that may offer lower fees for selling Shiba Inu coin. It's always a good idea to compare fees across different exchanges to find the best option for your needs.