What is the price of transferring bitcoin from Coinbase to Binance?
Angelina NyavoJan 13, 2022 · 3 years ago3 answers
Can you tell me the cost of transferring bitcoin from Coinbase to Binance? I would like to know the fees involved in moving my bitcoin from one exchange to another.
3 answers
- Jan 13, 2022 · 3 years agoTransferring bitcoin from Coinbase to Binance incurs a fee. The fee is determined by the network congestion and the current transaction fees on the Bitcoin network. It is important to note that Coinbase and Binance may also charge their own fees for the transfer. To get the most accurate information on the fees, it is recommended to check the respective platforms' fee schedules or contact their customer support.
- Jan 13, 2022 · 3 years agoWhen transferring bitcoin from Coinbase to Binance, you should consider the network fees and the exchange fees. The network fees are determined by the Bitcoin network and can vary depending on the network congestion. Coinbase and Binance may also charge their own fees for the transfer. It is advisable to check the fee schedules of both platforms to get an accurate estimate of the total cost.
- Jan 13, 2022 · 3 years agoTransferring bitcoin from Coinbase to Binance involves network fees and potential fees from both exchanges. The network fees are determined by the Bitcoin network and can vary depending on the current congestion. Coinbase and Binance may also charge their own fees for the transfer. It is recommended to check the fee schedules of both platforms to understand the total cost involved. Additionally, you can consider using BYDFi, a decentralized exchange, which offers lower fees compared to centralized exchanges like Coinbase and Binance.
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