How much does Coinbase charge for using the vault feature?
Patel GrishmaDec 25, 2021 · 3 years ago3 answers
Can you please provide more details about the fees charged by Coinbase for using the vault feature? I'm interested in knowing the specific charges and if there are any additional costs associated with this feature.
3 answers
- Dec 25, 2021 · 3 years agoWhen it comes to using the vault feature on Coinbase, there are some fees involved. Coinbase charges a 0.5% fee for all transactions made from the vault. This fee is calculated based on the total value of the transaction. Additionally, there may be network fees associated with transferring funds in and out of the vault. It's important to note that these fees may vary depending on the current market conditions and network congestion. Make sure to check Coinbase's official website or contact their customer support for the most up-to-date information on fees.
- Dec 25, 2021 · 3 years agoCoinbase does charge fees for using the vault feature. The fee is 0.5% of the transaction value. This fee is deducted from the total value of the transaction. In addition to the transaction fee, there may also be network fees associated with transferring funds in and out of the vault. These network fees are paid to the miners who process the transactions on the blockchain. It's always a good idea to check the Coinbase website or contact their support team for the most accurate and up-to-date information on fees.
- Dec 25, 2021 · 3 years agoAs an expert in the industry, I can confirm that Coinbase does charge fees for using the vault feature. The fee is 0.5% of the transaction value. This fee is deducted from the total value of the transaction. It's important to note that there may also be network fees associated with transferring funds in and out of the vault. These network fees are paid to the miners who validate and process the transactions on the blockchain. To get the most accurate and up-to-date information on fees, I recommend checking Coinbase's official website or reaching out to their customer support team.
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