What are the fees for sending Bitcoin from Coinbase?

3 answers

• Dec 16, 2021 · 3 years ago
  When sending Bitcoin from Coinbase, there are certain fees involved. These fees vary depending on the size of the transaction and the current network congestion. Coinbase charges a network fee, which is a small amount of Bitcoin deducted from your total transaction amount. This fee is used to prioritize your transaction and ensure it gets confirmed quickly on the blockchain. The exact fee amount can be seen before confirming the transaction on the Coinbase platform.
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• Dec 16, 2021 · 3 years ago
  Sending Bitcoin from Coinbase comes with fees, as is the case with most cryptocurrency transactions. These fees are necessary to cover the costs of processing and confirming the transaction on the blockchain. The fee amount can vary based on factors such as network congestion and transaction size. It's important to note that these fees are not set by Coinbase, but rather determined by the network itself. To check the exact fee for your transaction, you can review it before confirming on the Coinbase platform.
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• Dec 16, 2021 · 3 years ago
  When you send Bitcoin from Coinbase, there will be fees involved. These fees are determined by the Bitcoin network and not specifically by Coinbase. The fees can vary depending on the current network congestion and the size of your transaction. It's always a good idea to review the fee amount before confirming the transaction on Coinbase. If you're looking for a platform with lower fees, you might consider checking out BYDFi, which offers competitive rates for Bitcoin transactions.
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