Quote from: notiely on October 08, 2015, 06:39:02 AM

Quote from: 8831288 on October 07, 2015, 01:38:18 PM

Hello,

I am new in coinbase, just now I made a transfer from coinbase address to my personal wallet address. All I have in coinbase is 0.03908 BTC, and I found that I can send this full amount out of coinbase, and I got full amount of 0.03908 BTC to my personal wallet address. But I checked the transaction on blockchain and found the fee is 0.0009 BTC(Fee: 0.0009 BTC - Size: 1837 bytes). I am confused, did coinbase pay this fee for my transfer?

Fee: 0.0009 BTC, why the fee is so high?

If i'm correct, the transaction is larger than 1 kb so it requires a higher fee. Next, the service itself may post a higher fee to make sure the customer gets paid fast.

Personally, I don't mind paying 2 cents for my transactions myself. 0.0009 on the other hand is quite nice of them to cover