common-close-0
BYDFi
Trade wherever you are!

Are there any fees involved when transferring money from Coinbase to Electrum?

avatarNigar BagiyevaDec 29, 2021 · 3 years ago3 answers

What are the fees associated with transferring money from Coinbase to Electrum?

Are there any fees involved when transferring money from Coinbase to Electrum?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees involved when transferring money from Coinbase to Electrum. Coinbase charges a network fee for sending cryptocurrencies to external wallets like Electrum. The fee amount depends on the cryptocurrency you are transferring and the current network congestion. It is important to check the fee schedule on Coinbase before making the transfer to know the exact amount you will be charged.
  • avatarDec 29, 2021 · 3 years ago
    Transferring money from Coinbase to Electrum incurs fees. Coinbase charges a fee for sending cryptocurrencies to external wallets. The fee is deducted from the total amount you are transferring. The fee percentage varies depending on the cryptocurrency you are transferring. It is advisable to check the fee structure on Coinbase's website for the most up-to-date information.
  • avatarDec 29, 2021 · 3 years ago
    When transferring money from Coinbase to Electrum, there are fees involved. Coinbase charges a network fee for sending cryptocurrencies to external wallets. The fee is determined by the current network congestion and the cryptocurrency being transferred. It is recommended to review the fee schedule on Coinbase's website to understand the specific fees associated with your transfer.