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Are there any fees involved when transferring coins from GDAX to Binance?

avatarFarukh KutlikovDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees associated with transferring coins from GDAX to Binance? I want to make sure I understand the costs involved before I proceed with the transfer.

Are there any fees involved when transferring coins from GDAX to Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees involved when transferring coins from GDAX to Binance. GDAX charges a network fee for each withdrawal, which varies depending on the cryptocurrency you are transferring. Binance also charges a network fee for depositing coins, which is also determined by the specific cryptocurrency. It's important to check the fee schedule on both platforms to get an accurate estimate of the costs involved before making the transfer.
  • avatarDec 18, 2021 · 3 years ago
    Transferring coins from GDAX to Binance does involve fees. GDAX charges a withdrawal fee, which is deducted from the amount you are transferring. Binance also charges a deposit fee, which is deducted from the amount you deposit. The fees vary depending on the cryptocurrency you are transferring, so it's important to check the fee schedule on both platforms to understand the exact costs involved.
  • avatarDec 18, 2021 · 3 years ago
    When transferring coins from GDAX to Binance, there are fees that you need to consider. GDAX charges a network fee for withdrawals, while Binance charges a network fee for deposits. The fees vary depending on the specific cryptocurrency you are transferring. It's recommended to check the fee schedule on both platforms to understand the exact costs involved and make an informed decision.