What are the charges for sending bitcoins using Coinbase?
jezdic paladinsNov 24, 2021 · 3 years ago1 answers
Can you please provide a detailed explanation of the charges associated with sending bitcoins using Coinbase? I would like to know the fees involved and if there are any additional costs or hidden charges.
1 answers
- Nov 24, 2021 · 3 years agoWhen it comes to sending bitcoins using Coinbase, there are charges involved. Coinbase charges a network fee for each transaction, which covers the cost of processing the transaction on the Bitcoin network. This fee is not fixed and can fluctuate depending on the current network congestion. Additionally, Coinbase may also charge a Coinbase Fee, which is a percentage-based fee on the total transaction amount. The Coinbase Fee can differ based on the region and the payment method used. It's crucial to stay updated with Coinbase's fee structure by visiting their website or reaching out to their support team for accurate and current information.
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