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Are there any fees involved in transferring Ethereum from Coinbase to Ledger Nano X?

avatarSrivarshan21Nov 24, 2021 · 3 years ago3 answers

I want to transfer my Ethereum from Coinbase to my Ledger Nano X. Will there be any fees involved in this transaction?

Are there any fees involved in transferring Ethereum from Coinbase to Ledger Nano X?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, there are fees involved in transferring Ethereum from Coinbase to Ledger Nano X. Coinbase charges a network fee for sending Ethereum to an external wallet like Ledger Nano X. The fee amount depends on the current network congestion and can vary. It's advisable to check the fee before initiating the transfer to avoid any surprises.
  • avatarNov 24, 2021 · 3 years ago
    Transferring Ethereum from Coinbase to Ledger Nano X does incur fees. These fees are charged by Coinbase and are used to cover the cost of network resources required for the transaction. The fee amount can fluctuate based on network demand and congestion. It's recommended to check the current fee schedule on Coinbase before proceeding with the transfer.
  • avatarNov 24, 2021 · 3 years ago
    When transferring Ethereum from Coinbase to Ledger Nano X, there will be fees involved. Coinbase charges a network fee for sending Ethereum to an external wallet. The fee amount is determined by the current network conditions and can vary. It's important to note that these fees are not controlled by Ledger Nano X but are set by Coinbase. Make sure to review the fee details on Coinbase before initiating the transfer to understand the cost involved.