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Are there any fees involved when transferring money from Coinbase to a bank account?

avatarParth SonejiDec 17, 2021 · 3 years ago3 answers

What are the fees associated with transferring money from Coinbase to a bank account?

Are there any fees involved when transferring money from Coinbase to a bank account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved when transferring money from Coinbase to a bank account. Coinbase charges a fee of 1.49% for standard buy/sell transactions. However, there are no fees for transferring funds from Coinbase to a bank account. It is important to note that your bank may charge fees for receiving the transfer, so it's advisable to check with your bank for any potential charges.
  • avatarDec 17, 2021 · 3 years ago
    Transferring money from Coinbase to a bank account is generally free of charge. However, Coinbase does charge a fee of 1.49% for buying or selling cryptocurrencies. It's always a good idea to review the fee structure on Coinbase's website or contact their customer support for the most up-to-date information on fees.
  • avatarDec 17, 2021 · 3 years ago
    When transferring money from Coinbase to a bank account, there are no fees imposed by Coinbase. However, it's worth noting that your bank may charge fees for receiving the transfer. It's recommended to check with your bank to understand any potential charges before initiating the transfer.