Are there any fees involved when cashing out Tether on Coinbase?

5 answers

• David YongOct 09, 2021 · 4 years ago
  When cashing out Tether on Coinbase, there are fees involved. The exact fees depend on the amount you are withdrawing and the payment method you choose. Coinbase charges a network fee for each withdrawal, which covers the cost of processing the transaction on the blockchain. Additionally, Coinbase may charge a fee for converting Tether to your chosen fiat currency. It's important to review Coinbase's fee schedule for the most up-to-date information on withdrawal fees.
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• Stougaard BilleAug 17, 2022 · 3 years ago
  Yes, there are fees when cashing out Tether on Coinbase. The fees vary depending on the withdrawal amount and the payment method you use. Coinbase charges a network fee for processing the transaction on the blockchain. This fee is deducted from the total amount you are withdrawing. Additionally, Coinbase may apply a conversion fee if you are converting Tether to fiat currency. It's recommended to check Coinbase's fee schedule for the specific fees associated with Tether withdrawals.
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• mona gargSep 05, 2024 · a year ago
  When cashing out Tether on Coinbase, you will encounter fees. These fees are determined by the amount you are withdrawing and the payment method you select. Coinbase charges a network fee to cover the transaction processing costs on the blockchain. The fee amount is deducted from the total withdrawal amount. Moreover, Coinbase may impose a conversion fee if you are converting Tether to fiat currency. It's advisable to consult Coinbase's fee schedule to understand the exact fees involved in Tether withdrawals.
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• Remix OsApr 19, 2022 · 4 years ago
  Yes, there are fees involved when cashing out Tether on Coinbase. The fees depend on the withdrawal amount and the payment method you choose. Coinbase charges a network fee for processing the transaction on the blockchain. This fee is deducted from the total withdrawal amount. Additionally, Coinbase may apply a conversion fee if you are converting Tether to fiat currency. To find the specific fees, it's recommended to refer to Coinbase's fee schedule.
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• legacy-code-devDec 29, 2024 · a year ago
  BYDFi, a digital currency exchange, provides Tether withdrawal services on its platform. When cashing out Tether on BYDFi, there are fees involved. The fees are based on the withdrawal amount and the payment method you select. BYDFi charges a network fee to cover the transaction processing costs on the blockchain. Additionally, there may be a conversion fee if you are converting Tether to fiat currency. It's important to review BYDFi's fee schedule for the exact fees associated with Tether withdrawals on their platform.
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