Are there any fees associated with pending deposits on Coinbase?
MNIXDec 27, 2023 · 2 years ago3 answers
Can you tell me if there are any fees that I need to pay for pending deposits on Coinbase? I want to make sure I understand the cost implications before I proceed with any transactions.
3 answers
- Miriam FisherApr 04, 2021 · 4 years agoYes, there are fees associated with pending deposits on Coinbase. When you make a deposit, it may take some time for the transaction to be confirmed and for the funds to be available in your account. During this pending period, Coinbase may charge a small fee to cover the processing costs. The fee amount varies depending on the cryptocurrency and the transaction volume. It's important to note that the fee is not charged by Coinbase, but by the network itself. You can check the Coinbase fee schedule for more details on the specific fees for different cryptocurrencies.
- Joel Lopez MAug 14, 2021 · 4 years agoAbsolutely! Coinbase does charge fees for pending deposits. The fees are typically a small percentage of the transaction amount and are used to cover the costs of processing the transaction. The exact fee amount depends on the cryptocurrency you are depositing and the current network congestion. It's always a good idea to review the fee schedule on the Coinbase website to get the most up-to-date information on the fees associated with pending deposits.
- Ronald AinebyonaOct 15, 2021 · 4 years agoYes, there are fees for pending deposits on Coinbase. However, it's important to note that the fees are not charged by Coinbase directly. Instead, they are charged by the network that processes the transactions. The fees vary depending on the cryptocurrency and the current network congestion. Coinbase provides a fee schedule on their website where you can find the specific fees for different cryptocurrencies. It's always a good idea to check the fee schedule before making any deposits to understand the cost implications.
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