What is the cost of sending coins on Coinbase?

3 answers

• Page 7 prefaceJan 21, 2024 · 2 years ago
  When it comes to sending coins on Coinbase, there are a few factors that can affect the cost. First, Coinbase charges a network fee for each transaction, which is the cost of processing the transaction on the blockchain. This fee varies depending on the current network congestion and the cryptocurrency being sent. Additionally, Coinbase may also charge a Coinbase Fee, which is a percentage-based fee on the total transaction amount. The Coinbase Fee is typically higher for smaller transactions and lower for larger ones. It's important to note that these fees are subject to change and may vary based on the specific cryptocurrency you are sending.
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• Rafał KolaskaMay 01, 2021 · 4 years ago
  Sending coins on Coinbase does come with some costs. Coinbase charges a network fee for each transaction, which covers the cost of processing the transaction on the blockchain. The network fee can vary depending on the current network congestion and the cryptocurrency being sent. In addition to the network fee, Coinbase may also charge a Coinbase Fee, which is a percentage-based fee on the total transaction amount. The Coinbase Fee is typically higher for smaller transactions and lower for larger ones. It's important to consider these fees when sending coins on Coinbase to ensure you are aware of the total cost involved.
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• Enevoldsen FordJun 15, 2024 · a year ago
  When sending coins on Coinbase, you can expect to encounter some costs. Coinbase charges a network fee for each transaction, which is used to cover the cost of processing the transaction on the blockchain. This fee can vary depending on the current network congestion and the specific cryptocurrency being sent. Additionally, Coinbase may also charge a Coinbase Fee, which is a percentage-based fee on the total transaction amount. The Coinbase Fee is usually higher for smaller transactions and lower for larger ones. It's worth noting that these fees are subject to change and it's always a good idea to check the latest fee structure on Coinbase's website before making any transactions.
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