how to withdraw from coinbase wallet to bank account reddit

To withdraw funds from Coinbase Wallet to your linked bank account, simply navigate to the "Withdraw" section of the app or website, enter the amount and destination, choose your withdrawal method, and confirm the transaction.

Oct 29, 2024 at 09:29 pm

How to Withdraw from Coinbase Wallet to Bank Account [Step-by-Step Guide]

Withdrawing funds from your Coinbase Wallet to your bank account is a straightforward process that can be completed in a few simple steps.

1. Sign In to Coinbase Wallet

Open the Coinbase Wallet app on your mobile device or visit the Coinbase Wallet website.
Enter your login credentials and sign in.

2. Tap the "Withdraw" Button

On the home screen, tap the "Withdraw" button.
Select "To Bank Account."

3. Enter Withdrawal Amount and Destination

Enter the amount you wish to withdraw in the appropriate field.
Choose the bank account you want to send the funds to from the list of linked accounts.
If you have not yet linked a bank account, you will need to do so before proceeding.

4. Choose Withdrawal Method

Coinbase offers two withdrawal methods: Standard and Express.
Standard withdrawals may take several business days to process and are subject to a fee.
Express withdrawals are faster (within 24 hours) but have a higher fee.
Select your preferred withdrawal method.

5. Confirm Withdrawal

Review the withdrawal details, including the amount, destination, and method.
Once you are satisfied with the information, tap the "Confirm" button.

6. Wait for Processing

Coinbase will process your withdrawal request.
You will receive an email notification when the funds are sent.

7. Receive Funds

The funds will be deposited into your bank account within the specified processing timeframe.
Check your bank account statement to confirm the receipt of the funds.

Additional Notes:

Coinbase Wallet supports withdrawals to domestic bank accounts in many countries.
The minimum withdrawal amount may vary depending on your region and withdrawal method.
Fees for withdrawals will vary depending on the withdrawal method chosen.
If you encounter any issues during the withdrawal process, contact Coinbase customer support for assistance.

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