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Are there any limits or restrictions when transferring Bitcoin from Coinbase to GDAX?

avatarNurb0ssDec 20, 2021 · 3 years ago3 answers

What are the limits and restrictions when transferring Bitcoin from Coinbase to GDAX? Are there any fees involved?

Are there any limits or restrictions when transferring Bitcoin from Coinbase to GDAX?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    When transferring Bitcoin from Coinbase to GDAX, there are certain limits and restrictions to be aware of. Coinbase has a daily withdrawal limit of $10,000 for individual accounts and $50,000 for institutional accounts. Additionally, there may be a delay of up to 48 hours for the transfer to be processed. As for fees, Coinbase does not charge any fees for transferring Bitcoin from Coinbase to GDAX, as they are both owned by the same company. However, it's important to note that there may be network fees associated with the Bitcoin transaction itself.
  • avatarDec 20, 2021 · 3 years ago
    Transferring Bitcoin from Coinbase to GDAX is a straightforward process with a few limitations. Coinbase has a daily withdrawal limit in place to ensure the security of user funds. For individual accounts, the limit is set at $10,000 per day, while institutional accounts have a higher limit of $50,000 per day. It's also worth mentioning that there might be a slight delay in the transfer process, which can take up to 48 hours. As for fees, Coinbase does not charge any fees for transferring Bitcoin to GDAX, but there may be network fees involved in the Bitcoin transaction.
  • avatarDec 20, 2021 · 3 years ago
    When it comes to transferring Bitcoin from Coinbase to GDAX, there are some limits and restrictions to keep in mind. Coinbase has set a daily withdrawal limit of $10,000 for individual accounts and $50,000 for institutional accounts. This limit is in place to ensure the security of user funds. Additionally, there may be a delay of up to 48 hours for the transfer to be processed. It's important to note that Coinbase and GDAX are both owned by the same company, BYDFi, which allows for seamless transfers between the two platforms. However, it's worth mentioning that there may be network fees associated with the Bitcoin transaction.