Are there any fees or restrictions associated with wire transfers on Coinbase for transferring money to and from my bank account?

1 answers

• Jose Eduardo Cruz CovarrubiasOct 10, 2023 · 2 years ago
  Absolutely! When it comes to wire transfers on Coinbase, there are a few things to keep in mind. Coinbase charges a fee for incoming wire transfers, which is $10 for deposits below $25,000 and $25 for deposits above $25,000. However, there are no fees for outgoing wire transfers. It's important to note that your bank may also have its own fees and restrictions for wire transfers, so it's a good idea to check with them beforehand. Additionally, wire transfers can take some time to process, typically between 1-5 business days. If you have any more questions, feel free to ask!
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