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Are there any fees associated with transferring bitcoin from GDAX to Kucoin?

avatarKay BojeDec 17, 2021 · 3 years ago3 answers

I'm planning to transfer some bitcoin from GDAX to Kucoin. Are there any fees that I need to be aware of?

Are there any fees associated with transferring bitcoin from GDAX to Kucoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with transferring bitcoin from GDAX to Kucoin. GDAX charges a network fee for bitcoin withdrawals, which can vary depending on the current network congestion. Kucoin may also charge a small fee for receiving bitcoin deposits. It's recommended to check the fee schedule on both platforms before making the transfer to have a clear understanding of the costs involved.
  • avatarDec 17, 2021 · 3 years ago
    Transferring bitcoin from GDAX to Kucoin does involve fees. GDAX charges a network fee for bitcoin withdrawals, and Kucoin may also have a fee for receiving bitcoin deposits. The exact fees can vary, so it's important to check the fee schedules on both platforms to know the specific costs before initiating the transfer.
  • avatarDec 17, 2021 · 3 years ago
    When transferring bitcoin from GDAX to Kucoin, there are fees to consider. GDAX applies a network fee for bitcoin withdrawals, which can fluctuate depending on the current network conditions. Kucoin may also impose a small fee for receiving bitcoin deposits. It's advisable to review the fee structures of both platforms to understand the costs involved and make an informed decision.