how to do wire transfer to coinbase

To initiate a wire transfer to Coinbase, you'll need to access your bank's portal, enter their wire transfer details, and confirm the transaction.

Nov 01, 2024 at 06:30 am

How to Wire Transfer Funds to Coinbase

Step 1: Verify Your Coinbase Account

Ensure that your Coinbase account is fully verified by completing the KYC (Know Your Customer) process. This typically involves providing your name, address, and photo ID.

Step 2: Link a Bank Account

Go to your Coinbase account dashboard and click on the "Add a bank account" link.
Select the bank account you want to connect and provide the necessary information, such as your account number and routing number.

Step 3: Initiate a Wire Transfer

From your bank's online portal or mobile app, initiate a wire transfer.
Enter Coinbase's wire transfer details, which you can find in the Coinbase app or website. These details include the following:
- Beneficiary Name: Coinbase, Inc.
- Beneficiary Address: 548 Market Street, Suite 800, San Francisco, CA 94104
- Reference Number: This will be provided by Coinbase and is typically a unique identifier for your transfer.
- Amount: Enter the amount you wish to transfer.

Step 4: Confirm the Wire Transfer

Review the wire transfer details carefully before confirming the transaction.
Once confirmed, the funds will typically take 1-5 business days to process and appear in your Coinbase account.

Additional Notes:

Coinbase may charge a fee for wire transfers.
The minimum wire transfer amount may vary depending on your bank.
Wire transfers are generally considered a secure method of transferring funds.
If you encounter any issues, contact Coinbase support for assistance.

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