Are there any fees associated with sending BTC from Coinbase to Poloniex?
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I want to transfer BTC from my Coinbase account to my Poloniex account. Are there any fees that I need to be aware of?
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3 answers
- Yes, there are fees associated with sending BTC from Coinbase to Poloniex. Coinbase charges a network fee for every transaction, which is determined by the current network congestion and transaction size. Poloniex may also charge a fee for receiving BTC, although the exact fee amount may vary. It's recommended to check both Coinbase and Poloniex's fee schedules before making the transfer to understand the total cost involved.
Dec 18, 2021 · 3 years ago
- Absolutely! When you send BTC from Coinbase to Poloniex, you'll incur transaction fees. Coinbase charges a fee for every transaction, and Poloniex may also have its own fee for receiving BTC. It's important to consider these fees when planning your transfer to ensure you're aware of the total cost involved.
Dec 18, 2021 · 3 years ago
- Yes, there are fees associated with sending BTC from Coinbase to Poloniex. Coinbase charges a network fee, which is deducted from the amount you're sending. Poloniex may also charge a fee for receiving BTC, so it's important to factor in these fees when calculating the total cost of your transfer. Keep in mind that fees can vary depending on network congestion and other factors, so it's a good idea to check the fee schedules of both exchanges before proceeding with the transfer.
Dec 18, 2021 · 3 years ago
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