Are there any fees involved when transferring from Coinbase to BlockFi?

I'm planning to transfer my funds from Coinbase to BlockFi, but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees when transferring from Coinbase to BlockFi?

3 answers
- Yes, there are fees involved when transferring from Coinbase to BlockFi. Coinbase charges a network fee for every transaction, which varies depending on the cryptocurrency you're transferring. Additionally, BlockFi may also charge a fee for depositing funds into their platform. It's recommended to check the fee schedule on both Coinbase and BlockFi's websites for the most accurate information.
Mar 19, 2022 · 3 years ago
- Transferring from Coinbase to BlockFi does incur fees. Coinbase charges a network fee that is deducted from the transferred amount. The fee amount depends on the cryptocurrency being transferred. BlockFi may also charge a fee for depositing funds, although the specific fee structure can vary. It's advisable to review the fee details on both platforms before initiating the transfer.
Mar 19, 2022 · 3 years ago
- When transferring from Coinbase to BlockFi, there are indeed fees involved. Coinbase applies network fees to cover the costs of processing transactions on the blockchain. These fees vary depending on the cryptocurrency being transferred. Additionally, BlockFi may charge a fee for depositing funds, but the specific fee structure can differ. It's important to consider these fees when planning your transfer to ensure you're aware of the costs involved.
Mar 19, 2022 · 3 years ago
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