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Are there any fees associated with sending Ethereum from GDAX to Binance?

avatarJames SparraDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when transferring Ethereum from GDAX to Binance?

Are there any fees associated with sending Ethereum from GDAX to Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with sending Ethereum from GDAX to Binance. When you initiate a transfer, GDAX charges a network fee for Ethereum withdrawals. The fee amount depends on the current network congestion and is subject to change. Additionally, Binance also charges a small fee for depositing Ethereum into your account. It's important to check both GDAX and Binance's fee schedules to understand the exact amount you'll be charged.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you send Ethereum from GDAX to Binance, you'll encounter fees. GDAX charges a network fee for Ethereum withdrawals, which can vary depending on network congestion. Binance also imposes a small fee for depositing Ethereum into your account. Make sure to review the fee schedules on both platforms to get a clear understanding of the charges involved.
  • avatarDec 18, 2021 · 3 years ago
    Certainly! When transferring Ethereum from GDAX to Binance, you'll come across some fees. GDAX applies a network fee for Ethereum withdrawals, which is determined by the current network congestion. Binance also imposes a small fee for depositing Ethereum into your account. It's always a good idea to check the fee schedules on both platforms to know the exact charges you'll incur. If you're looking for a fee-free option, you may consider using other exchanges that offer lower or no fees for Ethereum transfers.