What are the fees for sending and receiving Bitcoin on Coinbase?

Can you provide details about the fees charged by Coinbase for sending and receiving Bitcoin?

3 answers
- Sure! Coinbase charges a fee for every transaction you make on their platform. The fee for sending Bitcoin varies depending on the size of the transaction and the current network congestion. It is usually a small percentage of the total transaction amount. As for receiving Bitcoin, Coinbase does not charge any fees. However, keep in mind that there might be network fees associated with the Bitcoin network itself. Overall, Coinbase aims to provide transparent and competitive fees to its users.
Mar 06, 2022 · 3 years ago
- When it comes to sending Bitcoin on Coinbase, you'll need to pay a transaction fee. This fee is determined by the size of your transaction and the current network conditions. Coinbase will show you the fee before you confirm the transaction, so you'll always know how much you're paying. On the other hand, receiving Bitcoin on Coinbase is free of charge. You won't have to worry about any fees eating into your received amount. Just keep in mind that there might be network fees involved in the Bitcoin network, but Coinbase won't charge you anything for receiving.
Mar 06, 2022 · 3 years ago
- As an expert in the field, I can confirm that Coinbase does charge a fee for sending Bitcoin. The fee is calculated based on the size of the transaction and the current network congestion. However, receiving Bitcoin on Coinbase is completely free. You won't have to pay any fees for receiving Bitcoin. Coinbase strives to offer competitive fees to its users and aims to provide a seamless experience for sending and receiving Bitcoin.
Mar 06, 2022 · 3 years ago
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