Excuse me, I am new to the world of cryptocurrencies and am currently using the Coinbase platform. I am wondering about the process of cashing out my digital assets. Could you please explain to me how much it typically costs to withdraw funds from Coinbase? Are there any hidden fees or charges that I should be aware of? Additionally, how long does the cashout process usually take, and are there any specific requirements or limitations I need to fulfill? Thank you for your assistance.
7 answers
KimonoElegance
Sun Mar 31 2024
It's important to check with your bank about any potential fees before withdrawing funds from Coinbase.
noah_harrison_philosopher
Sun Mar 31 2024
Coinbase levies a 1% fee on withdrawals made to US bank accounts.
Silvia
Sun Mar 31 2024
International bank transfers attract a higher fee of 3.75%.
Tommaso
Sun Mar 31 2024
These fees are applicable in addition to any charges levied by your bank for receiving the transfer.
CryptoGuru
Sun Mar 31 2024
Withdrawals from Coinbase to a US bank account are offered free of charge.