How much does Coinbase charge for sending cryptocurrency?
Shruti KesharwaniDec 30, 2021 · 3 years ago3 answers
What are the fees charged by Coinbase for sending cryptocurrency?
3 answers
- Dec 30, 2021 · 3 years agoCoinbase charges fees for sending cryptocurrency. The fees vary depending on the type of cryptocurrency you are sending and the destination wallet. It is important to check the Coinbase fee schedule for the most accurate information. Generally, Coinbase charges a network fee, which is a small amount deducted from the total amount being sent. This fee goes to the miners who process and validate the transactions on the blockchain. Additionally, Coinbase may charge a Coinbase Fee, which is a percentage of the transaction amount. The Coinbase Fee is based on your country and payment method. It is important to note that these fees are subject to change and may vary over time.
- Dec 30, 2021 · 3 years agoWhen sending cryptocurrency through Coinbase, you will incur fees. The fees depend on the specific cryptocurrency and the destination wallet. It is recommended to review the Coinbase fee schedule for the most up-to-date information. Generally, Coinbase charges a network fee, which is a small deduction from the total amount being sent. This fee is paid to the miners who validate and process the transactions on the blockchain. Additionally, Coinbase may charge a Coinbase Fee, which is a percentage of the transaction amount. The Coinbase Fee is determined by your country and the payment method used. Keep in mind that these fees are subject to change and may vary.
- Dec 30, 2021 · 3 years agoWhen it comes to sending cryptocurrency through Coinbase, there are fees involved. The fees depend on the specific cryptocurrency and the destination wallet. It is advisable to refer to the Coinbase fee schedule for accurate details. Typically, Coinbase charges a network fee, which is a small deduction from the total amount being sent. This fee is paid to the miners who validate and process the transactions on the blockchain. Additionally, Coinbase may charge a Coinbase Fee, which is a percentage of the transaction amount. The Coinbase Fee is determined by your country and the payment method used. Please note that these fees are subject to change and may vary over time. For more information, you can visit the Coinbase website or contact their customer support.
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