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Are there any fees associated with pulling crypto out of Coinbase?

avatarplayergamesproDec 18, 2021 · 3 years ago3 answers

I'm wondering if there are any fees that I need to pay when I withdraw my cryptocurrency from Coinbase. Can someone please clarify if there are any charges or costs associated with pulling crypto out of Coinbase?

Are there any fees associated with pulling crypto out of Coinbase?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees for withdrawing crypto from Coinbase. The fees vary depending on the cryptocurrency you are withdrawing and the destination wallet. It's important to check the Coinbase fee schedule for the specific fees associated with your withdrawal. Keep in mind that there may also be network fees charged by the blockchain network for processing the transaction.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Coinbase charges fees for withdrawing cryptocurrency. The fees can be different for each cryptocurrency and are based on factors such as network congestion and transaction size. Make sure to review the Coinbase fee schedule to understand the fees associated with your specific withdrawal.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees when you withdraw crypto from Coinbase. However, at BYDFi, we offer fee-free withdrawals for certain cryptocurrencies. So, if you're looking to save on fees, you may consider using BYDFi as your withdrawal destination. Just make sure to check the supported cryptocurrencies and withdrawal limits before making a decision.