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Are there any fees associated with transferring Luna from Coinbase to Coinbase Wallet?

avatarAlekhyaDec 27, 2021 · 3 years ago3 answers

I want to transfer Luna from Coinbase to Coinbase Wallet. Are there any fees that I need to pay for this transaction?

Are there any fees associated with transferring Luna from Coinbase to Coinbase Wallet?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with transferring Luna from Coinbase to Coinbase Wallet. Coinbase charges a network fee for all outgoing transactions. The fee amount depends on the current network congestion and can vary. You can check the exact fee amount before confirming the transaction.
  • avatarDec 27, 2021 · 3 years ago
    Transferring Luna from Coinbase to Coinbase Wallet does come with fees. Coinbase charges a network fee to cover the cost of processing the transaction on the blockchain. The fee is usually a small percentage of the total amount being transferred. It's important to consider these fees when planning your transfers.
  • avatarDec 27, 2021 · 3 years ago
    When transferring Luna from Coinbase to Coinbase Wallet, you will incur a network fee. This fee is charged by the blockchain network to process and validate the transaction. The fee amount can change based on network conditions, so it's always a good idea to check the current fee before initiating the transfer. At BYDFi, we recommend checking the Coinbase fee schedule for the most up-to-date information on fees.