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What are the fees associated with withdrawing funds from Coinbase to a bank account?

avatarSnigdha PatelDec 17, 2021 · 3 years ago3 answers

Can you please provide details about the fees charged for withdrawing funds from Coinbase to a bank account? I would like to know the exact amount I will be charged for this transaction.

What are the fees associated with withdrawing funds from Coinbase to a bank account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When withdrawing funds from Coinbase to a bank account, there are fees involved. The fees vary depending on the region and the type of bank account you are using. In general, Coinbase charges a flat fee of $25 for wire transfers and $1.49 for ACH transfers. It's important to note that additional fees may be charged by your bank for receiving the funds. It's always a good idea to check with your bank to understand their fee structure as well.
  • avatarDec 17, 2021 · 3 years ago
    Withdrawing funds from Coinbase to a bank account incurs fees. The fees can differ based on your location and the type of bank account you have. For wire transfers, Coinbase charges a flat fee of $25, while ACH transfers have a fee of $1.49. Keep in mind that your bank may also charge fees for receiving the funds. It's recommended to check with your bank to get a complete understanding of the fees involved.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to withdrawing funds from Coinbase to a bank account, fees are applicable. The specific fees depend on your geographical location and the type of bank account you have. Coinbase charges a flat fee of $25 for wire transfers and $1.49 for ACH transfers. However, it's worth noting that your bank may also charge fees for receiving the funds. To get a clear picture of the total fees involved, it's advisable to reach out to your bank and inquire about their fee structure.