Are there any fees involved when transferring money from Coinbase to Electrum?

What are the fees associated with transferring money from Coinbase to Electrum?

3 answers
- Yes, there are fees involved when transferring money from Coinbase to Electrum. Coinbase charges a network fee for sending cryptocurrencies to external wallets like Electrum. The fee amount depends on the cryptocurrency you are transferring and the current network congestion. It is important to check the fee schedule on Coinbase before making the transfer to know the exact amount you will be charged.
Mar 20, 2022 · 3 years ago
- Transferring money from Coinbase to Electrum incurs fees. Coinbase charges a fee for sending cryptocurrencies to external wallets. The fee is deducted from the total amount you are transferring. The fee percentage varies depending on the cryptocurrency you are transferring. It is advisable to check the fee structure on Coinbase's website for the most up-to-date information.
Mar 20, 2022 · 3 years ago
- When transferring money from Coinbase to Electrum, there are fees involved. Coinbase charges a network fee for sending cryptocurrencies to external wallets. The fee is determined by the current network congestion and the cryptocurrency being transferred. It is recommended to review the fee schedule on Coinbase's website to understand the specific fees associated with your transfer.
Mar 20, 2022 · 3 years ago
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