Post
Topic
Board Beginners & Help
Re: Network Fee Confusion
by
New@User
on 25/03/2023, 10:58:46 UTC
It is common practice for cryptocurrency transactions to deduct a network fee from the total amount sent. Although Coinbase displays the total amount including the fee, the recipient's wallet may deduct the fee from the total amount received. This can result in a discrepancy between what was sent and what was received, causing issues with payment acceptance. It is important to take this into account when sending cryptocurrency to avoid similar issues in the future.