What are the fees associated with transferring crypto from Coinbase to a bank account?
Julia MayrhauserDec 16, 2021 · 3 years ago3 answers
Can you please provide more details on the fees associated with transferring cryptocurrency from Coinbase to a bank account? I would like to know the specific charges involved in this process.
3 answers
- Dec 16, 2021 · 3 years agoWhen transferring cryptocurrency from Coinbase to a bank account, there are a few fees to consider. First, Coinbase charges a standard fee for withdrawal to a bank account, which is typically around 1.49% of the transaction amount. Additionally, there may be additional fees imposed by your bank for receiving the funds. It is recommended to check with your bank to understand their specific fees for receiving cryptocurrency transfers.
- Dec 16, 2021 · 3 years agoTransferring crypto from Coinbase to a bank account comes with some fees. Coinbase charges a fee for the withdrawal, which is usually a percentage of the transaction amount. The exact fee can vary depending on the type of cryptocurrency and the amount being transferred. It's important to note that there may also be fees imposed by the receiving bank. To get the most accurate information, it's best to check with Coinbase and your bank directly.
- Dec 16, 2021 · 3 years agoWhen it comes to transferring cryptocurrency from Coinbase to a bank account, there are fees involved. Coinbase charges a fee for the withdrawal, which is typically a percentage of the transaction amount. The exact fee can vary depending on the specific cryptocurrency and the amount being transferred. It's important to keep in mind that your bank may also charge fees for receiving the funds. To get a clear understanding of the fees involved, it's recommended to reach out to Coinbase and your bank for more information.
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