how to send money from coinbase wallet to bank account

To initiate a cryptocurrency withdrawal from your Coinbase wallet to your bank account, log in, choose the crypto and amount, select "Bank Account" as the destination, enter your bank details, and review and confirm the transaction.

Oct 30, 2024 at 06:53 am

How to Send Money from Coinbase Wallet to Bank Account

Step 1: Log in to Your Coinbase Account

• Go to the Coinbase website or launch the Coinbase mobile app.
• Enter your login credentials and sign in.

Step 2: Select "Wallet"

• Click on the "Wallet" tab in the top navigation bar.

Step 3: Choose the Crypto to Transfer

• Select the cryptocurrency you want to send from your Coinbase wallet.
• Click on the "Withdraw" button associated with that crypto.

Step 4: Choose "Bank Account" as Withdrawal Method

• Under "Destination", choose "Bank Account" as the withdrawal method.

Step 5: Enter Amount and Bank Account Information

• Enter the amount of crypto you want to withdraw.
• Enter your bank account details, including account number, routing number, and name on account.

Step 6: Review and Confirm

• Carefully review all the details of your withdrawal request.
• Make sure the amount, bank account information, and cryptocurrency are correct.
• Click on the "Withdraw" button.

Step 7: Wait for Confirmation

• Coinbase will process your withdrawal request.
• The processing time may vary depending on the cryptocurrency and bank.
• You will receive an email notification when the funds are sent.

Step 8: Check Your Bank Account

• Once the withdrawal is complete, the funds should appear in your bank account within 1-5 business days.
• Check your bank statement to confirm that the transaction has completed.