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What are the fees associated with transferring funds from Venmo to Coinbase?

avatarShannen Rica ReyesNov 24, 2021 · 3 years ago3 answers

I would like to know the fees involved when transferring funds from Venmo to Coinbase. Can you provide a breakdown of the fees and any additional charges that may apply?

What are the fees associated with transferring funds from Venmo to Coinbase?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When transferring funds from Venmo to Coinbase, there are a few fees to consider. First, Venmo charges a 1% fee for instant transfers. This means that if you transfer $100, you will be charged $1. Additionally, Coinbase may charge a network fee for receiving the funds. The network fee varies depending on the current congestion of the blockchain network. It is important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on both Venmo and Coinbase's websites.
  • avatarNov 24, 2021 · 3 years ago
    Transferring funds from Venmo to Coinbase comes with some fees. Venmo charges a 1% fee for instant transfers, so if you transfer $100, you'll pay $1. On the Coinbase side, there may be network fees involved. These fees are determined by the current state of the blockchain network and can vary. It's a good idea to check the fee schedule on both Venmo and Coinbase to get the most up-to-date information.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to transferring funds from Venmo to Coinbase, there are a couple of fees to keep in mind. Venmo charges a 1% fee for instant transfers, which means if you transfer $100, you'll be charged $1. On the Coinbase side, there may be network fees involved. These fees are determined by the current state of the blockchain network and can fluctuate. It's always a good idea to check the fee schedule on both Venmo and Coinbase's websites to get the most accurate information.