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Are there any fees associated with using bank wire in Coinbase to invest in digital assets?

avatarDan-Roger BlomgrenJan 08, 2022 · 3 years ago3 answers

I want to invest in digital assets using bank wire in Coinbase. Are there any fees associated with this payment method?

Are there any fees associated with using bank wire in Coinbase to invest in digital assets?

3 answers

  • avatarJan 08, 2022 · 3 years ago
    Yes, there are fees associated with using bank wire in Coinbase to invest in digital assets. Coinbase charges a fee of 1.49% for bank wire transfers. This fee is deducted from the total amount you transfer. Keep in mind that your bank may also charge additional fees for the wire transfer. It's important to check with your bank for their specific fees before initiating the transfer.
  • avatarJan 08, 2022 · 3 years ago
    Absolutely! When using bank wire to invest in digital assets on Coinbase, you'll be subject to a fee of 1.49%. This fee is automatically deducted from the total amount you transfer. Additionally, it's worth noting that your bank may charge its own fees for the wire transfer. Make sure to check with your bank beforehand to avoid any surprises.
  • avatarJan 08, 2022 · 3 years ago
    Yes, there are fees associated with using bank wire in Coinbase to invest in digital assets. Coinbase charges a fee of 1.49% for bank wire transfers. However, if you're looking for a platform with lower fees, you might want to consider using BYDFi. They offer competitive rates and a user-friendly interface for trading digital assets. It's always a good idea to compare fees and features across different platforms before making a decision.