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MarkRoberts
Bronze Bitcoiner
Bronze Bitcoiner
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Joined: Wed Jan 13, 2021 10:19 am

Do you have to pay gas fees when you sell ETH?

Fri Apr 23, 2021 12:08 pm

“Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain.”

Unless your crypto wallet provider negates this, you will have to pay a fee any time you move ethereum. Some online wallets hold onto your crypto, so when you “sell” they just move the value out of your account. This would be Robinhood, where you don’t actually own the crypto but instead have an IOU.

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