how to withdraw money from coinbase to bank account

To withdraw funds from Coinbase to your bank account, navigate to the "Withdraw" page under the navigation bar and select "Bank Account" as the withdrawal method.

Nov 01, 2024 at 05:09 am

How to Withdraw Money from Coinbase to Your Bank Account

Step 1: Log in to Your Coinbase Account
Go to www.coinbase.com and log in using your credentials.

Step 2: Navigate to the Withdrawal Page
From the Coinbase dashboard, click on the "Withdraw" button located in the navigation bar.

Step 3: Select Your Withdrawal Method
Under "To," choose "Bank Account" as the withdrawal method.

Step 4: Enter Withdrawal Amount
In the "Amount" field, enter the amount you wish to withdraw. You can withdraw the entire available balance by clicking "Max."

Step 5: Confirm Withdrawal Details
Ensure that the bank account information listed below is correct. If not, add the correct bank account by following the "Add Bank Account" link.

Step 6: Review Withdrawal Fee
Coinbase charges a withdrawal fee based on the amount and payment method. Review the fee and confirm if you want to proceed.

Step 7: Verify Your Identity
Depending on your security settings, you may need to verify your identity by entering a verification code sent to your email or phone.

Step 8: Complete Withdrawal
Once the withdrawal is verified, click "Withdraw Now" to complete the process.

Estimated Withdrawal Time:

Instant (up to $100,000/day): This option is available to verified users with sufficient account balance and requires no fees.
SEPA Transfer (1-3 business days): EUR withdrawals made through SEPA are free for SEPA countries.
Bank Wire (2-4 business days): Bank wires are charged a higher fee but typically complete faster than SEPA transfers.

Note:

The minimum withdrawal amount is $1.
Coinbase may hold withdrawals for security reasons, such as suspicious activity or account verification.
Transactions may be subject to fees from your bank or other financial institutions.

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