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What are the fees involved in selling Ethereum on Coinbase?

avatarAbhaySangerDec 25, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fees associated with selling Ethereum on Coinbase? I would like to know the different types of fees, their amounts, and how they are calculated.

What are the fees involved in selling Ethereum on Coinbase?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When selling Ethereum on Coinbase, there are a few fees you need to be aware of. Firstly, there is a standard Coinbase fee, which is a percentage of the transaction amount. This fee varies depending on your location and the payment method you choose. Additionally, there may be a Coinbase Pro fee if you use the Coinbase Pro platform for selling. This fee is usually lower than the standard Coinbase fee. It's important to note that Coinbase may also charge a network fee, which covers the cost of processing the Ethereum transaction on the blockchain. This fee is determined by the current network congestion and is not controlled by Coinbase. To get the most accurate and up-to-date information on fees, I recommend checking Coinbase's official website or contacting their customer support.
  • avatarDec 25, 2021 · 3 years ago
    Selling Ethereum on Coinbase comes with a few fees. Coinbase charges a fee for each transaction, which is based on a percentage of the total amount. The fee can vary depending on your location and the payment method you use. Additionally, if you choose to sell Ethereum on Coinbase Pro, there may be lower fees compared to the standard Coinbase platform. It's important to keep in mind that there might also be network fees associated with selling Ethereum. These fees cover the cost of processing the transaction on the Ethereum network. The exact amount of the network fee depends on the current network congestion. To find out the specific fees for selling Ethereum on Coinbase, I recommend visiting their website or reaching out to their customer support.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to selling Ethereum on Coinbase, there are a few fees you should know about. Coinbase charges a fee for each transaction, which is a percentage of the total amount. The fee can vary depending on your location and the payment method you choose. If you decide to sell Ethereum on Coinbase Pro, the fees are generally lower compared to the standard Coinbase platform. It's worth mentioning that there might also be network fees involved in the transaction. These fees cover the cost of processing the Ethereum transaction on the blockchain. The exact amount of the network fee depends on the current network congestion. For the most accurate and up-to-date information on fees, I recommend checking Coinbase's official website or contacting their customer support.