How can I transfer bitcoin from Coinbase to another wallet without any fees?
Sandi Nafsa Vina ErlindaJan 11, 2022 · 3 years ago3 answers
I want to transfer my bitcoin from Coinbase to another wallet, but I don't want to pay any fees. How can I do that?
3 answers
- Jan 11, 2022 · 3 years agoOne way to transfer bitcoin from Coinbase to another wallet without any fees is by using a technique called 'batching'. Batching allows you to combine multiple transactions into a single transaction, which can help reduce fees. To do this, you can wait until you have multiple bitcoin transactions to send and then initiate a single transfer from Coinbase to your other wallet. This way, you only pay the transaction fee for one transfer instead of multiple transfers. However, keep in mind that batching may not always be possible or practical, especially if you need to transfer your bitcoin immediately.
- Jan 11, 2022 · 3 years agoAnother option to transfer bitcoin from Coinbase to another wallet without fees is by using a cryptocurrency exchange that offers fee-free transfers. Some exchanges, like Binance, offer fee-free transfers between their own wallets. You can send your bitcoin from Coinbase to Binance, and then transfer it from Binance to your desired wallet without incurring any fees. Just make sure to check the withdrawal fees on Binance before making the transfer to your final wallet.
- Jan 11, 2022 · 3 years agoAt BYDFi, we offer fee-free transfers for bitcoin and other cryptocurrencies. You can easily transfer your bitcoin from Coinbase to BYDFi and then send it to your desired wallet without any fees. Simply create an account on BYDFi, deposit your bitcoin from Coinbase, and then withdraw it to your other wallet. Our platform is designed to provide a seamless and cost-effective experience for cryptocurrency transfers.
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