how to cash out ethereum on coinbase wallet

To cash out Ethereum on Coinbase Wallet, sign in to your account, select Ethereum, tap "Cash Out," input the withdrawal amount, verify your bank details, confirm the transaction, and track its completion status in your transaction history.

Oct 16, 2024 at 01:17 am

How to Cash Out Ethereum on Coinbase Wallet

1. Sign In to Your Coinbase Wallet

• Download the Coinbase Wallet app from the App Store or Google Play.
• Open the app and sign in with your username and password.

2. Select Ethereum (ETH)

• Tap the "Portfolio" tab.
• Scroll down and select the Ethereum (ETH) wallet.

3. Tap "Cash Out"

• On the ETH wallet screen, tap the "Cash Out" button.

4. Enter Cash Out Amount

• Input the amount of Ethereum you want to cash out.
• Select the currency you want to receive (e.g., USD, EUR).

5. Verify Bank Account or Card

• If you haven't linked a bank account or credit/debit card, you'll be prompted to do so.
• Follow the on-screen instructions to verify your identity.

6. Confirm Transaction

• Review the transaction details.
• Tap the "Cash Out Now" button to complete the transaction.

7. Wait for Processing

• The cash-out process may take several business days to complete.
• You can track the status of your transaction in the "History" tab of your Coinbase Wallet.

Additional Notes:

• Minimum cash-out amount: $0.000001 ETH.
• Cash-out fees vary depending on the amount and currency.
• Coinbase provides instant cash outs for certain transactions (e.g., small amounts), but these may incur additional fees.
• Cash-outs may be subject to government regulations and tax reporting requirements.