how to withdraw money from coinbase to bank account

How to Withdraw Money from Coinbase to Your Bank Account

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

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

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

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

Step 5: Confirm Withdrawal DetailsEnsure 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 FeeCoinbase 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 IdentityDepending 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 WithdrawalOnce 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.