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Are there any fees associated with transferring Ethereum from Coinbase to GDAX?

avatar8bitChadDec 24, 2021 · 3 years ago3 answers

I'm planning to transfer some Ethereum from Coinbase to GDAX, but I'm wondering if there are any fees involved in the process. Can someone please clarify if there are any fees associated with transferring Ethereum between these two platforms?

Are there any fees associated with transferring Ethereum from Coinbase to GDAX?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, there are fees associated with transferring Ethereum from Coinbase to GDAX. Coinbase charges a network fee for transferring Ethereum to an external wallet or another exchange. The fee amount varies depending on the current network congestion and can be found on the Coinbase website. It's important to check the fee before initiating the transfer to avoid any surprises.
  • avatarDec 24, 2021 · 3 years ago
    Transferring Ethereum from Coinbase to GDAX is free of charge. Coinbase and GDAX are owned by the same company, and they allow free transfers between the two platforms. This can be a convenient way to move your Ethereum without incurring any additional fees.
  • avatarDec 24, 2021 · 3 years ago
    When transferring Ethereum from Coinbase to GDAX, there may be fees involved. However, at BYDFi, we offer zero-fee transfers between Coinbase and GDAX. This means you can move your Ethereum between the two platforms without any additional cost. It's a great feature that many users find beneficial.