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Are there any fees or charges when transferring from Coinbase to a bank account?

avatarShwana MhamadDec 26, 2021 · 3 years ago3 answers

When transferring funds from Coinbase to a bank account, are there any fees or charges involved? I want to make sure I understand the costs associated with this type of transaction.

Are there any fees or charges when transferring from Coinbase to a bank account?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees involved when transferring from Coinbase to a bank account. Coinbase charges a fee of 1.49% for standard transactions and 3.99% for instant transactions. Additionally, your bank may also charge fees for receiving the funds. It's important to check with your bank to understand their specific fee structure.
  • avatarDec 26, 2021 · 3 years ago
    Transferring funds from Coinbase to a bank account does come with fees. Coinbase charges a percentage-based fee for the transaction, which can vary depending on the type of transfer you choose. It's recommended to review Coinbase's fee schedule and your bank's fee structure to get a clear understanding of the costs involved.
  • avatarDec 26, 2021 · 3 years ago
    When transferring funds from Coinbase to a bank account, there are fees associated with the transaction. Coinbase charges a fee based on the amount being transferred, which can be found in their fee schedule. It's worth noting that different banks may have their own fees for receiving the funds, so it's a good idea to check with your bank as well.