<p>Indeed. Coinbase Pro has much lower fees. It is a more advanced platform for traders so the user interface is not as user friendly.</p>

CC BY-SA 4.0
2021-02-03T00:47:16.913Z
The question is not about trading fees, but network transaction fees.
Pieter Wuille
CC BY-SA 4.0
2021-02-03T01:06:03.573Z
I see... The transaction fee rate cannot be changed on Coinbase or practically any of the exchanges. Some wallets, like BRD allow u to select the network fee.
Ason
CC BY-SA 4.0
2021-02-03T01:19:57.590Z
Is the network fee the same as "transaction fee", something that is given to the "winning" miner (besides the 6.25 bitcoins)?
deeper-understanding
CC BY-SA 4.0
2021-02-03T01:20:56.443Z
so I heard some app "suggest" a fee so that it will go through fast. But it is said that you can change it, but it may just take 10 hours... in my case I don't care if it is 10 hours
deeper-understanding
CC BY-SA 4.0
2021-02-03T11:05:57.127Z
Welcome to Bitcoin.stackexchange.com. You might like to take the [tour]. These Q&A websites are intended to have longer, more explanatory answers. This site isn't intended to be used for discussion. It is OK to write multiple answers but normally you'd edit one answer to develop it into a good answer for other people searching for answers to the same problem in future.
RedGrittyBrick
CC BY-SA 4.0
2021-02-03T17:35:31.750Z
I've converted the second answer and its comments to comments on the first answer. Ason: please edit your answer to include content developed in the comments.
Murch
CC BY-SA 4.0
2021-02-04T05:28:44.040Z
I feel u, but the exchanges don't offer that option, unfortunately
Ason
CC BY-SA 4.0
2021-02-04T17:22:27.200Z
Hi Ason, welcome to Bitcoin Stackexchange. Our page works a bit differently from a forum. Please checkout our short [tour] to get an overview.
Murch
CC BY-SA 4.0
2021-02-03T00:45:52.483Z
2021-02-03T00:45:52.483Z
Ason
<p>I am trying a mobile wallet, so that I keep some bitcoin on my mobile phone.  So I downloaded Coinbase wallet, and tried to transfer 0.001 bitcoins from my Coinbase or Coinbase Pro to the Coinbase wallet.</p>
<p>However, the bitcoin is worth about $35, and the Network fee is about $1.40, so I am paying 5% fees right there?  There's more than an ATM that takes 3% of my hard earned cash. The money deposited in the bank for a whole year does not even get 2% interest.</p>
<p>Is there a way to transfer the money to my mobile wallet at a much lower fee?  A fee that is lower than 1% is more acceptable.</p>
<p><strong>P.S. I finally got more deposit already settled, so I can transfer about 0.009 bitcoins away, and the fee still seem to be $1.60 or so, so that is a lot more reasonable, at about 0.45%</strong></p>
<p><strong>I also was able to transfer 0.03 bitcoins out of my account, and the fee is 0.00005619 bitcoins. So the value of the transfer is $1,422.49 and the fee is $2.66, which is much more reasonable, at 0.187%</strong></p>

<coinbase.com><exchange-fees>
Is there a lower percentage cost to transfer from Coinbase or Coinbase Pro to my mobile wallet?
deeper-understanding
# Is there a lower percentage cost to transfer from Coinbase or Coinbase Pro to my mobile wallet?

(Asked by: username_0 on 2021-02-02)

I am trying a mobile wallet, so that I keep some bitcoin on my mobile phone. So I downloaded Coinbase wallet, and tried to transfer 0.001 bitcoins from my Coinbase or Coinbase Pro to the Coinbase wallet.

However, the bitcoin is worth about $35, and the Network fee is about $1.40, so I am paying 5% fees right there? There's more than an ATM that takes 3% of my hard earned cash. The money deposited in the bank for a whole year does not even get 2% interest.

Is there a way to transfer the money to my mobile wallet at a much lower fee? A fee that is lower than 1% is more acceptable.

**P.S. I finally got more deposit already settled, so I can transfer about 0.009 bitcoins away, and the fee still seem to be $1.60 or so, so that is a lot more reasonable, at about 0.45%**

**I also was able to transfer 0.03 bitcoins out of my account, and the fee is 0.00005619 bitcoins. So the value of the transfer is $1,422.49 and the fee is $2.66, which is much more reasonable, at 0.187%**

**Tags:** coinbase.com, exchange-fees


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## 1 answers

### Answer by username_1 on 2021-02-03. Score: -2

Indeed. Coinbase Pro has much lower fees. It is a more advanced platform for traders so the user interface is not as user friendly.

> **Comments:**
> **username_2**: The question is not about trading fees, but network transaction fees.  
> **username_1**: I see... The transaction fee rate cannot be changed on Coinbase or practically any of the exchanges. Some wallets, like BRD allow u to select the network fee.  
> **username_0**: Is the network fee the same as "transaction fee", something that is given to the "winning" miner (besides the 6.25 bitcoins)?  
> **username_0**: so I heard some app "suggest" a fee so that it will go through fast. But it is said that you can change it, but it may just take 10 hours... in my case I don't care if it is 10 hours  
> **username_3**: Welcome to Bitcoin.stackexchange.com. You might like to take the [tour]. These Q&A websites are intended to have longer, more explanatory answers. This site isn't intended to be used for discussion. It is OK to write multiple answers but normally you'd edit one answer to develop it into a good answer for other people searching for answers to the same problem in future.  
> **username_4**: I've converted the second answer and its comments to comments on the first answer. username_1: please edit your answer to include content developed in the comments.  
> **username_1**: I feel u, but the exchanges don't offer that option, unfortunately  
> **username_4**: Hi username_1, welcome to Bitcoin Stackexchange. Our page works a bit differently from a forum. Please checkout our short [tour] to get an overview.  

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