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Are there any fees for instant withdrawals on Coinbase?

avatarKejser CochranNov 29, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with instant withdrawals on Coinbase? I want to make sure I understand all the costs involved before I proceed with any transactions.

Are there any fees for instant withdrawals on Coinbase?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there are fees for instant withdrawals on Coinbase. The fee structure varies depending on the cryptocurrency you are withdrawing. You can find the detailed fee schedule on the Coinbase website. It's important to note that these fees can change over time, so it's always a good idea to check the latest information before making any withdrawals.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! Coinbase does charge fees for instant withdrawals. The fees are typically a percentage of the amount being withdrawn, and they vary depending on the cryptocurrency. You can find the exact fee structure on Coinbase's website. Make sure to take these fees into account when planning your transactions to avoid any surprises.
  • avatarNov 29, 2021 · 3 years ago
    Yes, Coinbase does have fees for instant withdrawals. However, it's important to note that these fees are not set by Coinbase itself. Instead, they are determined by the blockchain network that the cryptocurrency operates on. Coinbase simply passes along these fees to its users. So, while Coinbase does charge fees, they are not profiting from them. It's always a good idea to check the current fee rates on the Coinbase website to ensure you have the most accurate information.