Are there any fees involved when withdrawing money from Coinbase to a bank account for tax payment?

3 answers

• Cardenas MurdockJul 18, 2020 · 5 years ago
  Yes, Coinbase does charge fees for withdrawing money to a bank account. The fees vary depending on the country and the payment method you choose. It's best to check Coinbase's fee schedule for the most accurate information. Keep in mind that there may also be additional fees charged by your bank for receiving the funds.
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• Daria2010Oct 04, 2020 · 5 years ago
  Unfortunately, yes. Coinbase does charge fees for withdrawing money to a bank account. The fees can range from a few dollars to a percentage of the withdrawal amount. It's important to consider these fees when planning your tax payment. Make sure to check Coinbase's fee schedule for the most up-to-date information.
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• noonnn nnnDec 17, 2024 · 7 months ago
  When withdrawing money from Coinbase to a bank account for tax payment, there may be fees involved. Coinbase charges a fee for bank withdrawals, which can vary depending on your location and the payment method you choose. It's recommended to review Coinbase's fee schedule to understand the specific fees that may apply to your transaction. Additionally, your bank may also charge fees for receiving the funds. It's advisable to check with your bank for any applicable fees.
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