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Are there any fees involved when selling Bitcoin on Coinbase and getting the funds?

avatarAbhilash RajagopalDec 17, 2021 · 3 years ago3 answers

When selling Bitcoin on Coinbase and receiving the funds, are there any fees that need to be paid?

Are there any fees involved when selling Bitcoin on Coinbase and getting the funds?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved when selling Bitcoin on Coinbase. Coinbase charges a fee for every transaction, which is a percentage of the total amount being sold. The fee structure varies depending on the region and the payment method used. It's important to check Coinbase's fee schedule to understand the exact fees that will be incurred.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Coinbase does charge fees when you sell Bitcoin and receive the funds. The fees are usually a small percentage of the transaction amount. It's always a good idea to review the fee schedule on Coinbase's website to get the most up-to-date information on the fees involved.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees when selling Bitcoin on Coinbase. However, at BYDFi, we offer a fee-free trading experience for Bitcoin and other cryptocurrencies. So if you're looking for a platform with no fees, BYDFi could be a great option for you. Keep in mind that fees may still apply when transferring funds from Coinbase to BYDFi or vice versa.