Is it possible to transfer Bitcoin from Coinbase to Ledger without any fees?
Kirkland KudskDec 27, 2021 · 3 years ago3 answers
I want to transfer my Bitcoin from Coinbase to my Ledger wallet, but I don't want to pay any fees. Is it possible to transfer Bitcoin from Coinbase to Ledger without incurring any fees?
3 answers
- Dec 27, 2021 · 3 years agoYes, it is possible to transfer Bitcoin from Coinbase to Ledger without any fees. Coinbase offers free withdrawals to external wallets, including Ledger. However, keep in mind that there might be network transaction fees associated with the Bitcoin network itself, which are not controlled by Coinbase or Ledger. These fees are necessary for miners to process and validate transactions on the blockchain. So while Coinbase won't charge you any fees, you may still have to pay a small network fee.
- Dec 27, 2021 · 3 years agoAbsolutely! You can transfer Bitcoin from Coinbase to Ledger without any fees. Coinbase allows free withdrawals to external wallets, such as Ledger. Just make sure to double-check the withdrawal settings on Coinbase to ensure that you're not being charged any fees. Additionally, keep in mind that the Bitcoin network itself may have transaction fees, but these fees are not imposed by Coinbase or Ledger. They are required for the smooth operation of the Bitcoin network.
- Dec 27, 2021 · 3 years agoYes, it is possible to transfer Bitcoin from Coinbase to Ledger without any fees. Coinbase provides free withdrawals to external wallets like Ledger. However, please note that there might be network fees associated with the Bitcoin network itself. These fees are not controlled by Coinbase or Ledger, but they are necessary for the transaction to be processed on the blockchain. So while you won't be charged any fees by Coinbase, you may still need to pay a small network fee to ensure that your transaction gets confirmed quickly.
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