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Are there any fees associated with cashing out coins on Coinbase?

avatarIlya VlasovDec 15, 2021 · 3 years ago3 answers

What are the fees associated with cashing out coins on Coinbase? How much does it cost to withdraw funds from Coinbase?

Are there any fees associated with cashing out coins on Coinbase?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, Coinbase does charge fees for cashing out coins. The fees depend on the payment method you choose. For example, if you withdraw funds to your bank account, Coinbase charges a fee of 1.49%. If you use PayPal, the fee is 3.99%. Additionally, Coinbase may also charge a network fee for transferring cryptocurrencies to an external wallet. It's important to check Coinbase's fee schedule for the most up-to-date information.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! When you cash out coins on Coinbase, you'll encounter some fees. These fees vary depending on how you choose to withdraw your funds. If you opt for a bank transfer, Coinbase charges a fee of 1.49%. If you prefer PayPal, the fee is slightly higher at 3.99%. Keep in mind that there may be additional network fees if you're transferring cryptocurrencies to an external wallet. Make sure to review Coinbase's fee schedule to get a clear understanding of the costs involved.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with cashing out coins on Coinbase. The exact fees depend on the withdrawal method you select. For bank transfers, Coinbase charges a fee of 1.49%. If you decide to use PayPal, the fee increases to 3.99%. It's worth noting that Coinbase may also apply network fees for sending cryptocurrencies to an external wallet. To get the most accurate and up-to-date fee information, I recommend checking Coinbase's fee schedule on their website.