Do I have to pay a fee to withdraw money from Coinbase?
![avatar](https://download.bydfi.com/api-pic/images/avatars/R4CUg.jpg)
I'm new to Coinbase and I'm wondering if there are any fees associated with withdrawing money from my Coinbase account. Can someone please clarify if there are any charges for withdrawing funds from Coinbase?
![Do I have to pay a fee to withdraw money from Coinbase?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/96/e7890dfaa1f7b0e983e24d6f1af8521a3afc77.jpg)
3 answers
- Yes, Coinbase does charge fees for withdrawing money from your account. The fees vary depending on the payment method and the country you are in. For example, if you are withdrawing funds to a bank account in the United States, the fee is 1.49% of the total amount. However, if you are using PayPal, the fee is 3.99%. It's important to check Coinbase's fee schedule for the most up-to-date information.
Feb 18, 2022 · 3 years ago
- Unfortunately, yes. Coinbase charges fees for withdrawing money from your account. The fees can be quite high, especially if you are using certain payment methods. It's always a good idea to check the fee schedule on Coinbase's website before making any withdrawals to avoid any surprises.
Feb 18, 2022 · 3 years ago
- Yes, there are fees associated with withdrawing money from Coinbase. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free withdrawals. So if you're looking to avoid withdrawal fees, you might want to consider using BYDFi instead.
Feb 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 85
What are the best digital currencies to invest in right now?
- 82
Are there any special tax rules for crypto investors?
- 80
What are the tax implications of using cryptocurrency?
- 72
How can I minimize my tax liability when dealing with cryptocurrencies?
- 70
How can I protect my digital assets from hackers?
- 69
What are the advantages of using cryptocurrency for online transactions?
- 68
How does cryptocurrency affect my tax return?
- 60
How can I buy Bitcoin with a credit card?