Introduction: In this breakdown, we shine the spotlight on the Withdrawal Fees charged by Coinbase. We have also outlined other related fees such as crypto withdrawal fees, fiat withdrawal fees, and other relevant withdrawal fees. Keep reading and you will soon discover how competitive Coinbase's withdrawal fees really are!
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When it comes to the withdrawal fees associated with an exchange, we are either talking about fiat withdrawal fees or crypto withdrawal fees.
In the case of Coinbase, as they support both fiat currency deposits and withdrawals, we will be looking at both of these fees. For readers that are interested Coinbase's trading fees, we recommend this trading fee breakdown.
When it comes to the withdrawal limit imposed by Coinbase, they differ between fiat currencies and cryptocurrencies.
Starting with fiat currencies, users on Coinbase have a default withdrawal limit of $100,000 per day for USD and €100,000 per day for EUR.
Users that wish to exceed these limitations have to contact Coinbase and provide an explanation as to why they need higher withdrawal limits.
Coinbase supports fiat deposits and withdrawals for three of the biggest fiat currencies in the world, namely USD, EUR and GBP.
ACH withdrawal can be conducted free of charge while Wire withdrawals come with a $25 USD fee.
Europeans who wish to withdraw EUR with SEPA withdrawals can do so with a small 0.15 EUR fee and GBP withdrawals are also possible for a small 1 GBP fee.
The minimum withdrawal amount for fiat currencies like USD, EUR and GBP on Coinbase are $50 dollars.
The minimum withdrawal amount for cryptocurrencies like BTC, ETH and SOL are however much lower and often less than $1 dollar worth.
When it comes to fiat withdrawal times, they typically range between 1-3 days on Coinbase depending on which withdrawal method you choose.
As for crypto withdrawal times, they will depend on which cryptocurrency is being withdrawn and whether there is congestion or not.
Slower blockchains like Bitcoin and Ethereum can take several minutes (sometimes more) to settle while newer blockchains like Solana and Cosmos can be instant.
Coinbase supports withdrawals for over 200 cryptocurrencies that they support which includes well known ones like Bitcoin, Ethereum, Solana, Cosmos, Avalanche, Polkadot and Cardano. They also offer support for many lesser known cryptocurrencies including OSMO, UNI and stablecoins like USDC.
Those who wish to withdraw Bitcoin (BTC) on Coinbase will have to pay a withdrawal fee of 0.0003 BTC.
Users that want to withdraw Ethereum (ETH) on Coinbase will have to pay a withdrawal fee of 0.003 ETH.
And for users that want to withdraw Tether USDT on Coinbase will have to pay a withdrawal fee of 4 USDT assuming it's on the Ethereum blockchain.
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
Available in 190 countries
+190 cryptocurrencies to buy
Licensed and regulated
World class security
