Coinbase is a popular cryptocurrency exchange platform that allows users to buy and sell digital assets. It also supports several payment methods, including bank transfers, debit/credit cards, and PayPal. However, Coinbase users may be curious about what fees they'll be charged for cashing out of their account. Let's take a look at the fees that Coinbase charges for cashing out.
How much does Coinbase charge to cash out?
The fees that Coinbase charges to cash out depend on the payment method you use. If you're cashing out with a U.S. bank account, you'll be charged a flat fee of $0.15. If you're using a debit/credit card, you'll be charged a flat fee of 3.99%. For PayPal, the fee is 2.99%.
Are there any other fees I should know about?
Yes, there are other fees to be aware of. Coinbase charges a network fee for all cryptocurrency transactions. This fee is based on the blockchain network's congestion and is calculated dynamically. Additionally, Coinbase may charge a conversion fee if you're converting between different types of cryptocurrency. The fee for this is usually 1.49%.
How much does Coinbase charge to cash out?
The fees that Coinbase charges to cash out depend on the payment method you use. If you're cashing out with a U.S. bank account, you'll be charged a flat fee of $0.15. If you're using a debit/credit card, you'll be charged a flat fee of 3.99%. For PayPal, the fee is 2.99%.
Are there any other fees I should know about?
Yes, there are other fees to be aware of. Coinbase charges a network fee for all cryptocurrency transactions. This fee is based on the blockchain network's congestion and is calculated dynamically. Additionally, Coinbase may charge a conversion fee if you're converting between different types of cryptocurrency. The fee for this is usually 1.49%.