Do I need a wallet with Coinbase?

If you’re a Coinbase customer, you have your choice of a hosted wallet or a self-custody wallet . The Coinbase app, where you buy and sell crypto, is a hosted wallet. You can also download the standalone Coinbase Wallet app to take advantage of the benefits of a non-custodial wallet.

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Is it free to transfer bitcoin?

Bitcoin is a decentralized network and therefore does not have transaction fees , bitcoin transactions are nearly real-time. However, the transactions need to be verified and must be recorded in a so-called block in the Bitcoin Blockchain before the transferred amount can be spent.

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