Are there any fees associated with instant withdrawals on Coinbase?

3 answers

• mohsin phpJan 13, 2021 · 5 years ago
  Yes, there are fees associated with instant withdrawals on Coinbase. The fees vary depending on the cryptocurrency you are withdrawing. Coinbase charges a network fee, which is a standard fee required to ensure your transaction is confirmed on the blockchain. The fee amount is dynamic and depends on the current network congestion and transaction size. It is important to note that Coinbase will always display the fee amount before you confirm the withdrawal, so you can review and decide if you want to proceed with the transaction.
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• chathuranga sampathMay 06, 2022 · 3 years ago
  Absolutely! Coinbase does charge fees for instant withdrawals. The fees are determined by the specific cryptocurrency you are withdrawing. The fees are used to cover the costs of processing and confirming the transaction on the blockchain. The fee amount can vary depending on the current network conditions and the size of your transaction. It's always a good idea to review the fee amount before confirming your withdrawal to ensure you are comfortable with the cost.
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• nejitaiheiJul 25, 2020 · 5 years ago
  Yes, there are fees associated with instant withdrawals on Coinbase. However, it's important to note that these fees are not set by Coinbase itself, but rather by the blockchain network. Coinbase simply passes on the network fees to its users. The fee amount can vary depending on the current network congestion and the size of your transaction. To get the most accurate fee information, it's recommended to check the Coinbase platform before making a withdrawal. If you have any further questions about fees, feel free to reach out to the Coinbase support team for assistance.
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