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Are there any fees associated with transferring USD from Coinbase to a bank account?

avatarRichard BelloDec 15, 2021 · 3 years ago3 answers

When transferring USD from Coinbase to a bank account, are there any fees that I need to be aware of? I want to make sure I understand the costs involved before I proceed with the transfer.

Are there any fees associated with transferring USD from Coinbase to a bank account?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with transferring USD from Coinbase to a bank account. Coinbase charges a fee for withdrawals to your bank account, which can vary depending on your location and the payment method used. It's important to check Coinbase's fee schedule to see the exact amount you'll be charged for the transfer.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! When you transfer USD from Coinbase to your bank account, Coinbase will deduct a fee for the transaction. The fee amount may vary depending on factors such as your location and the payment method you choose. It's always a good idea 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 transferring USD from Coinbase to a bank account. Coinbase charges a fee for withdrawals, and the exact amount can be found on their website. However, if you're looking for a fee-free option, you might want to consider using BYDFi. They offer fee-free transfers from Coinbase to your bank account, saving you some extra bucks!