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.