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Are there any fees associated with sending UST from Coinbase to Terra Station?

avatarRonaldNov 26, 2021 · 3 years ago3 answers

When sending UST from Coinbase to Terra Station, are there any fees that I need to be aware of?

Are there any fees associated with sending UST from Coinbase to Terra Station?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees associated with sending UST from Coinbase to Terra Station. Coinbase charges a network fee for transferring UST to an external wallet like Terra Station. The fee amount may vary depending on the current network congestion and gas fees. It's recommended to check Coinbase's fee schedule or contact their customer support for the most up-to-date information on the fees.
  • avatarNov 26, 2021 · 3 years ago
    Sending UST from Coinbase to Terra Station incurs fees. Coinbase, like many other exchanges, charges a network fee to cover the transaction costs on the blockchain. These fees can fluctuate depending on the network demand and congestion. It's advisable to review Coinbase's fee structure and consider the current market conditions before making the transfer.
  • avatarNov 26, 2021 · 3 years ago
    When transferring UST from Coinbase to Terra Station, you'll encounter fees. Coinbase, being a centralized exchange, charges a fee for processing and facilitating the transaction. The fee amount may vary, so it's essential to check Coinbase's fee schedule or contact their support for accurate information. Additionally, keep in mind that gas fees on the Terra blockchain might also apply, depending on the network conditions at the time of the transfer.