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Are there any fees associated with withdrawing USDT from a Coinbase wallet?

avatarSwain EgebergDec 17, 2021 · 3 years ago3 answers

I want to withdraw USDT from my Coinbase wallet, but I'm concerned about potential fees. Are there any fees associated with withdrawing USDT from a Coinbase wallet?

Are there any fees associated with withdrawing USDT from a Coinbase wallet?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing USDT from a Coinbase wallet. Coinbase charges a network fee for each withdrawal, which varies depending on the current network congestion and transaction size. It's important to check the fee schedule on Coinbase's website or app before making a withdrawal to understand the exact amount you'll be charged.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Coinbase does charge fees for withdrawing USDT from their wallets. The fees are typically based on the current network congestion and transaction size. It's always a good idea to review the fee schedule on Coinbase's platform to get an accurate understanding of the fees you'll be charged before making a withdrawal.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing USDT from a Coinbase wallet. However, it's worth noting that different exchanges may have different fee structures. For example, at BYDFi, there are no fees for withdrawing USDT from their wallets. So, if you're looking to avoid fees, you might want to consider using BYDFi as an alternative to Coinbase.