common-close-0
BYDFi
Trade wherever you are!

Are there any fees for transferring Ethereum from GDAX to Binance?

avatarRaffeil RahalDec 18, 2021 · 3 years ago3 answers

I want to transfer Ethereum from GDAX to Binance, but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees for transferring Ethereum between these two exchanges?

Are there any fees for transferring Ethereum from GDAX to Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees for transferring Ethereum from GDAX to Binance. GDAX charges a network fee for withdrawals, which varies depending on the current network congestion. Binance also charges a small fee for depositing Ethereum into your account. It's important to check the fee schedule on both exchanges before making the transfer to understand the exact amount you'll be charged.
  • avatarDec 18, 2021 · 3 years ago
    Transferring Ethereum from GDAX to Binance does involve fees. GDAX charges a network fee for withdrawals, while Binance charges a small fee for deposits. The fees are typically deducted from the transferred amount. It's advisable to check the fee schedules on both exchanges to get an accurate estimate of the fees involved.
  • avatarDec 18, 2021 · 3 years ago
    When transferring Ethereum from GDAX to Binance, there are fees involved. GDAX charges a network fee for withdrawals, and Binance also charges a small fee for deposits. It's important to note that these fees may vary over time due to network congestion and market conditions. Make sure to check the fee schedules on both exchanges before initiating the transfer to avoid any surprises.