Bitcoin Forum

Economy => Exchanges => Topic started by: sann111 on December 17, 2017, 06:53:40 PM



Title: transfer from coinbase fee?
Post by: sann111 on December 17, 2017, 06:53:40 PM
Hey guys,

Is there a fee to transfer bitcoins from coinbase to bittrex or gemini?


Title: Re: transfer from coinbase fee?
Post by: BaXTeR403 on December 17, 2017, 07:50:35 PM
Yes there is a fee. Today a $750 worth of BTC transfer from coinbase cost my buddy $17.46 in fees.


Title: Re: transfer from coinbase fee?
Post by: Gigafart on December 17, 2017, 08:21:36 PM
coinbase --> gdax --> wherever..... I hope this helps.
 


Title: Re: transfer from coinbase fee?
Post by: squatz1 on December 17, 2017, 08:25:21 PM
Not a fee from Coinbase themselves, but of course there is going to be a fee from the miners, otherwise known as a transaction (tx) fee. If you'd like to know the current fee, you can visit here -- https://bitcoinfees.earn.com/ they'll estimate the fees for you right now.

Though if you're going to be using this for trading, I'd recommend buying ETH with that and then using the ETH to send to one of the exchanges -- convert the ETH to whatever coin you want and then you avoid the insanely high bitcoin fees which are present right now.

Goodluck!


Title: Re: transfer from coinbase fe
Post by: BitgoldConnect on December 17, 2017, 08:27:58 PM
Now coinbase fee is too high. But from coinbase to coinbase there is no need any fee. Almost i have seen all bitcoin wallet is high fee now. coinbase fee greater than other wallet. I will suggest personally to use Blockchain wallet for avoid more high fee. even though all wallet is high fee.


Title: Re: transfer from coinbase fee?
Post by: Anonylz on December 17, 2017, 08:28:43 PM
You are lucky, there was a buy in here who had to pay $100 worth of fees because he is using a hardware wallet, and that kind of wallets are having multiple inputs.

it means that when you want to send money, you are sending money from all the wallets.

Yes there is a fee. Today a $750 worth of BTC transfer from coinbase cost my buddy $17.46 in fees.

If you have balance on five addreses, then the math is this: 5 x $17 : $85 worth of fees.

it is insane, and most if you just want to send less than $200 or $500.


Title: Re: transfer from coinbase fee?
Post by: elloco4ever on December 17, 2017, 08:55:25 PM
I noticed that too. But l think coinbase is very safe despite the charges

Coinbase is the safest and jargon free wallet I have been using it since 2015 and never had any issues with it but at the moment I am feeling the pinch while transferring the bitcoin as I have to pay hefty transaction fee actually it's a fixed % earlier the value of bitcoin was less so it didn't matter but now the kind of transaction charge is unacceptable and sooner people will be looking for more cost effective wallet