What are the fees involved in moving coins from Coinbase to Coinbase Wallet?
Omer AnsariDec 18, 2021 · 3 years ago3 answers
I want to transfer my coins from Coinbase to Coinbase Wallet, but I'm not sure about the fees involved. Can you please provide me with the details of the fees for moving coins from Coinbase to Coinbase Wallet?
3 answers
- Dec 18, 2021 · 3 years agoWhen transferring coins from Coinbase to Coinbase Wallet, there are certain fees that you need to be aware of. Coinbase charges a network fee for each transaction, which is used to pay miners who validate and confirm the transaction on the blockchain. The fee amount depends on the current network congestion and the size of your transaction. It is important to note that this fee is not set by Coinbase and can vary. You can check the current fee before making the transfer on the Coinbase platform.
- Dec 18, 2021 · 3 years agoMoving coins from Coinbase to Coinbase Wallet comes with a fee. The fee is determined by the network and can vary depending on the current network congestion and the size of your transaction. It is advisable to check the fee before initiating the transfer to avoid any surprises. Coinbase provides the option to view the fee amount before confirming the transaction, so you can make an informed decision.
- Dec 18, 2021 · 3 years agoWhen you transfer coins from Coinbase to Coinbase Wallet, you will incur a network fee. This fee is not fixed and can vary depending on the current network conditions. It is recommended to check the fee amount on the Coinbase platform before proceeding with the transfer. Additionally, keep in mind that the fee is paid to the miners who process and validate the transaction on the blockchain, not to Coinbase or Coinbase Wallet.
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