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.