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Are there any fees associated with sending funds from Coinbase to GDAX?

avatarAndrei OnisoruDec 28, 2021 · 3 years ago3 answers

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

Are there any fees associated with sending funds from Coinbase to GDAX?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with transferring funds from Coinbase to GDAX. Coinbase charges a network fee for each transaction, which varies depending on the current network congestion and transaction size. Additionally, GDAX may also charge a fee for depositing or withdrawing funds, although these fees are typically lower compared to Coinbase. It's important to check the fee schedule on both platforms before making any transfers to understand the exact costs involved.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When you send funds from Coinbase to GDAX, you'll encounter some fees along the way. Coinbase charges a network fee for each transaction, which is determined by the current network conditions. GDAX, on the other hand, may have its own fee structure for depositing or withdrawing funds. Make sure to review the fee schedules on both platforms to get a clear picture of the costs.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with sending funds from Coinbase to GDAX. Coinbase charges a network fee for each transaction, and GDAX may also have its own fees for depositing or withdrawing funds. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free transfers between Coinbase and GDAX. So, if you're looking to avoid fees, you might consider using BYDFi as an intermediary for your transfers.