coinbase wallet how to withdraw

To withdraw funds from Coinbase Wallet, log in to your account, choose the cryptocurrency, enter withdrawal details, review and submit the request, and wait for the transaction to complete within 1-5 business days.

Nov 03, 2024 at 07:29 pm

How to Withdraw Funds from Coinbase Wallet

1. Choose Withdrawal Option

• Log in to your Coinbase Wallet account.
• Click the "Accounts" tab and select the cryptocurrency you wish to withdraw.

2. Select Withdrawal Method

• Coinbase offers various withdrawal methods depending on the cryptocurrency. Options may include:

  • Bank account
  • PayPal
  • Credit/debit card
  • Crypto address

3. Enter Withdrawal Details

• For bank account or PayPal withdrawals: Provide the relevant account information (e.g., IBAN, address).
• For crypto address withdrawals: Enter the recipient's crypto wallet address.
• For credit/debit card withdrawals: Input your card details and billing address.

4. Set Withdrawal Amount

• Enter the amount you wish to withdraw.
• Coinbase may display the withdrawal fee based on the cryptocurrency and method chosen.

5. Review and Submit Withdrawal

• Review the withdrawal details carefully to ensure accuracy.
• Click the "Withdraw" button to initiate the withdrawal process.

6. Transaction Confirmation

• You will receive a confirmation email or notification from Coinbase.
• The withdrawal typically takes 1-5 business days to complete, depending on the cryptocurrency and withdrawal method.

Specific Withdrawal Instructions for Popular Cryptocurrencies:

Bitcoin (BTC):

• Select "BTC Wallet."
• Choose a withdrawal method (e.g., bank account, crypto address).
• Input the recipient's wallet address or other required information.
• Confirm the transaction.

Ethereum (ETH):

• Select "ETH Wallet."
• Follow the same steps as for Bitcoin withdrawal.
• Note that the ETH network may charge a transaction fee (gas fee).

Tether (USDT):

• Select "USDT Wallet."
• Choose an ERC-20 or TRC-20 withdrawal option based on your withdrawal method.
• Input the recipient's wallet address.
• The transaction fee depends on the withdrawal type and network conditions.