how to move money from coinbase wallet to bank

To transfer funds from Coinbase Wallet to your bank account, follow the steps outlined in the Coinbase help article, including logging in, accessing your portfolio, initiating a sell transaction, confirming the details, and awaiting funds arrival within the stated timeframe.

Nov 10, 2024 at 10:31 pm

How to Move Money from Coinbase Wallet to Bank

Step 1: Log in to Coinbase

• Open a web browser and go to coinbase.com.
• Click the "Sign In" button in the top-right corner.
• Enter your email address and password.

Step 2: Go to Manage Portfolio

• Click on the "Wallet" tab in the top menu.
• Select your Coinbase Wallet.

Step 3: Initiate Sell Option

• Click on the "Sell" button next to the cryptocurrency you want to sell.
• Enter the amount you want to sell and select your bank account.

Step 4: Confirm the Transfer

• Review the details of the transaction and confirm it.
• Coinbase will ask you to provide identity verification, such as uploading a photo of your ID.

Step 5: Wait for Funds to Arrive

• Typical processing times for bank transfers from Coinbase are:

  • Standard transfer: Up to 3-5 business days
  • Express transfer (available for certain banks): Up to 1 business day
  • Instant transfer (available for eligible accounts): Within minutes

Additional Tips:

• Verify your bank account with Coinbase before making a transfer.
• Consider transfer fees. Coinbase charges a small fee for bank transfers, which varies depending on the amount and payment method.
• Monitor your bank account to ensure funds have been received.
• If you encounter any issues, contact Coinbase support for assistance.