Wallets

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coinbase wallet withdraw to bank

To withdraw funds from Coinbase Wallet to your bank account, follow these steps: log in, select "Withdraw," add your bank account, enter withdrawal details, review and confirm, authorize and verify the transaction, and allow for 1-3 business days of processing time.

Nov 05, 2024 at 09:45 am

How to Withdraw Funds from Coinbase Wallet to Your Bank Account

Step 1: Log in to Coinbase Wallet

Open the Coinbase Wallet app on your mobile device or visit Coinbasewallet.com on your computer.
Enter your login credentials and tap "Sign In."

Step 2: Select "Withdraw"

Tap the "Withdraw" option from the bottom menu.
Choose the cryptocurrency you want to withdraw.

Step 3: Add Your Bank Account

If this is your first time withdrawing to your bank account, you will need to add your bank details.
Tap "Add Bank Account" and follow the on-screen instructions to connect your bank account.

Step 4: Enter Withdrawal Details

Enter the amount you want to withdraw in the designated field.
Confirm that your bank account information is correct.

Step 5: Review and Confirm

Review the withdrawal details carefully, including the amount, currency, and destination bank account.
Tap "Withdraw" to confirm the transaction.

Step 6: Authorization and Verification

You may be required to authorize the withdrawal through an SMS or email verification code.
Follow the on-screen instructions to complete the verification process.

Step 7: Withdrawal Processing Time

Withdrawals to bank accounts typically take 1-3 business days to process.
You will receive a confirmation email from Coinbase once the withdrawal is complete.

Additional Notes:

Coinbase may charge a withdrawal fee, which varies depending on the cryptocurrency and withdrawal method.
The minimum withdrawal amount and daily withdrawal limits may vary based on your account level.
Withdrawal times may be longer during periods of high network traffic.
Always ensure that you are withdrawing funds to your own authorized bank account for security reasons.

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