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Are there any fees involved when transferring funds from Coinbase to a bank account?

avatarLomiasDec 17, 2021 · 3 years ago3 answers

When transferring funds from Coinbase to a bank account, are there any fees involved? How much are the fees and how are they calculated?

Are there any fees involved when transferring funds from Coinbase to a bank account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees involved when transferring funds from Coinbase to a bank account. The fees vary depending on the country and the payment method used. In general, Coinbase charges a fee of 1.49% for bank transfers in the United States. However, there may be additional fees imposed by your bank for receiving the funds. It's always a good idea to check with your bank to understand their fee structure.
  • avatarDec 17, 2021 · 3 years ago
    Transferring funds from Coinbase to a bank account does come with fees. The fees can be different for each country and payment method. For example, in the United States, Coinbase charges a fee of 1.49% for bank transfers. It's important to note that there may be additional fees charged by your bank for receiving the funds. Make sure to check with your bank for their specific fee structure.
  • avatarDec 17, 2021 · 3 years ago
    When transferring funds from Coinbase to a bank account, there are fees involved. The fees can vary depending on the country and payment method. For example, in the United States, Coinbase charges a fee of 1.49% for bank transfers. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers lower fees for bank transfers. It's always a good idea to compare fees across different exchanges to find the best option for your needs.