What are the fees associated with ERC20 token transfers on Coinbase?
Adrian KonzDec 25, 2021 · 3 years ago3 answers
Can you provide details about the fees charged for transferring ERC20 tokens on Coinbase?
3 answers
- Dec 25, 2021 · 3 years agoWhen it comes to transferring ERC20 tokens on Coinbase, there are certain fees involved. Coinbase charges a network fee, which is the cost of processing the transaction on the Ethereum network. This fee varies depending on the current network congestion and gas prices. Additionally, Coinbase may also charge a small fee for facilitating the transfer. It's important to note that these fees are subject to change and it's always recommended to check Coinbase's fee schedule for the most up-to-date information.
- Dec 25, 2021 · 3 years agoERC20 token transfers on Coinbase come with fees. The network fee covers the cost of processing the transaction on the Ethereum network, and it can fluctuate based on network congestion and gas prices. Coinbase may also charge a separate fee for facilitating the transfer. It's a good idea to review Coinbase's fee schedule to understand the specific fees associated with ERC20 token transfers.
- Dec 25, 2021 · 3 years agoWhen transferring ERC20 tokens on Coinbase, you'll encounter fees. These fees include a network fee, which covers the cost of processing the transaction on the Ethereum network. The exact amount of the network fee can vary depending on the current network conditions. Coinbase may also charge a separate fee for facilitating the transfer. Keep in mind that fees can change over time, so it's important to stay updated by referring to Coinbase's fee schedule.
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