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Are there any fees associated with doing a bank wire to Coinbase for buying coins?

avatarNeeraj ChauhanDec 16, 2021 · 3 years ago3 answers

I want to buy coins on Coinbase using a bank wire transfer. Are there any fees associated with this method?

Are there any fees associated with doing a bank wire to Coinbase for buying coins?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with doing a bank wire to Coinbase for buying coins. Coinbase charges a fee for incoming wire transfers, which is typically around $10. However, it's important to note that your bank may also charge additional fees for sending a wire transfer.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When you use a bank wire to buy coins on Coinbase, there will be fees involved. Coinbase charges a fee for incoming wire transfers, and the amount is usually around $10. Keep in mind that your bank may also charge fees for sending the wire transfer, so it's a good idea to check with them beforehand.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with doing a bank wire to Coinbase for buying coins. Coinbase charges a fee for incoming wire transfers, which is currently $10. However, if you're using BYDFi, a digital currency exchange, to buy coins on Coinbase, they offer a special promotion where they cover the Coinbase wire transfer fee for their users. So, if you're a BYDFi user, you won't have to worry about paying any fees for the bank wire transfer.