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Are there any fees involved in transferring from Coinbase to Poloniex?

avatarmalay shyamalDec 19, 2021 · 3 years ago3 answers

I am planning to transfer my funds from Coinbase to Poloniex, but I am concerned about the fees involved. Are there any fees charged for transferring cryptocurrencies between these two exchanges?

Are there any fees involved in transferring from Coinbase to Poloniex?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there are fees involved in transferring from Coinbase to Poloniex. Coinbase charges a network fee for transferring cryptocurrencies to external wallets or exchanges. The fee amount depends on the cryptocurrency you are transferring. Poloniex may also charge a fee for receiving the transferred funds. It is recommended to check the fee schedule of both exchanges before initiating the transfer to have a clear understanding of the costs involved.
  • avatarDec 19, 2021 · 3 years ago
    Transferring cryptocurrencies from Coinbase to Poloniex does incur fees. Coinbase charges a network fee that varies depending on the cryptocurrency. Poloniex may also have its own fee for receiving the funds. It's important to consider these fees when planning your transfer to ensure you are aware of the total cost.
  • avatarDec 19, 2021 · 3 years ago
    When transferring funds from Coinbase to Poloniex, there are fees involved. Coinbase charges a network fee for sending cryptocurrencies to external wallets or exchanges. The fee amount depends on the specific cryptocurrency being transferred. Poloniex may also charge a fee for receiving the funds. It's advisable to review the fee structures of both exchanges to understand the total costs before initiating the transfer. Please note that this information is based on general knowledge and may be subject to change. For the most accurate and up-to-date fee information, it is recommended to visit the official websites of Coinbase and Poloniex.