What are the fees for sending Bitcoin Cash from Coinbase to Binance?
Jeffrey PottsDec 16, 2021 · 3 years ago3 answers
Can you please provide me with information about the fees for sending Bitcoin Cash from Coinbase to Binance? I am considering transferring my Bitcoin Cash and want to know how much it will cost me.
3 answers
- Dec 16, 2021 · 3 years agoWhen sending Bitcoin Cash from Coinbase to Binance, there are two types of fees you need to consider. The first is the network transaction fee, which is paid to the miners for including your transaction in a block. The second is the exchange fee charged by Coinbase and Binance for processing the transaction. The network transaction fee varies depending on the current network congestion and can be checked on blockchain explorers. Coinbase and Binance charge their own fees, which can also vary. It's best to check the respective platforms for the most up-to-date fee information.
- Dec 16, 2021 · 3 years agoThe fees for sending Bitcoin Cash from Coinbase to Binance can vary depending on the current network conditions and the policies of the two exchanges. Generally, there will be a network transaction fee and an exchange fee. The network transaction fee is paid to the miners for processing and confirming the transaction on the Bitcoin Cash network. The exchange fee is charged by Coinbase and Binance for facilitating the transfer. To get the exact fee amounts, it is recommended to check the fee schedules or contact the customer support of Coinbase and Binance.
- Dec 16, 2021 · 3 years agoWhen sending Bitcoin Cash from Coinbase to Binance, you will incur network transaction fees and exchange fees. The network transaction fee is determined by the current network congestion and is paid to the miners for processing your transaction. Coinbase and Binance also charge their own fees for facilitating the transfer. It's important to note that these fees can vary and it's best to check the fee schedules on both platforms before making the transfer. Additionally, keep in mind that the fees may change over time due to network conditions and exchange policies.
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