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How much does Coinbase charge for sending bitcoin?

avatarNuraDec 26, 2021 · 3 years ago3 answers

What are the fees charged by Coinbase for sending bitcoin?

How much does Coinbase charge for sending bitcoin?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Coinbase charges fees for sending bitcoin. The fees vary depending on the transaction size and network congestion. Generally, Coinbase charges a network fee, which is a small amount of bitcoin that is required to process the transaction on the blockchain. This fee is dynamic and can change based on the current network conditions. It's important to note that Coinbase will always display the fee amount before confirming the transaction, so you can review and accept it before proceeding.
  • avatarDec 26, 2021 · 3 years ago
    When sending bitcoin from Coinbase, there will be fees involved. These fees cover the cost of processing the transaction on the blockchain. The exact fee amount depends on factors such as the size of the transaction and the current network congestion. Coinbase will provide you with the fee amount before you confirm the transaction, so you can decide whether to proceed or not. It's worth noting that the fees charged by Coinbase are competitive compared to other exchanges.
  • avatarDec 26, 2021 · 3 years ago
    When you send bitcoin from Coinbase, there will be fees involved. The fees are determined by the network and can vary depending on the current congestion. Coinbase itself does not charge any additional fees on top of the network fee. The network fee is calculated based on the size of the transaction and the current network conditions. It's always a good idea to check the fee amount before confirming the transaction to ensure you are comfortable with the cost.