how to withdraw from coinbase wallet to bank account

To withdraw from Coinbase to your bank, first transfer crypto from your Coinbase Wallet to your Coinbase account, then sell it for fiat currency. Finally, initiate a withdrawal to your linked bank account, allowing 1-5 business days for processing.

Mar 19, 2025 at 04:42 pm

• Register and complete Coinbase account authentication : provide necessary identity information and pass real-name authentication to meet platform compliance requirements and ensure account security.

• Bind the bank account : Enter the Coinbase account settings, select "Payment Method", click "Add Payment Method" and select "Bank Account", and enter the bank account name, login voucher and other information as prompted to complete the binding.

• Open the Coinbase Wallet : Use your login credentials to enter the Coinbase Wallet application.

• Select the cryptocurrency to transfer : Find the type of digital currency you want to withdraw in the wallet interface.

• Enter Coinbase account information : clearly fill in the relevant details of the Coinbase account that received funds.

• Initiate a transfer : After carefully checking the information, confirm the transfer operation according to the screen prompts. Wait for a while until the funds are successfully transferred to the Coinbase account.

• Log in to Coinbase : Log in to your Coinbase account through a web browser or mobile app.

• Enter the trading sector : Find and click on the "Trade" or "Buy and Sell" option.

• Select "Sale" : Select the cryptocurrency you just transferred from your Coinbase wallet.

• Choose a fiat currency : Determine which fiat currency you want to convert your cryptocurrency into, such as the USD (USD).

• Sell cryptocurrency : Enter the amount you intend to sell and confirm the transaction. At this point, your cryptocurrency has been successfully converted to fiat currency and is present in your Coinbase account.

• Enter the "Portformation" sector : Find and click "Portformation" on the main interface of the Coinbase account.

• Select the currency type : Select the option to convert the fiat currency before.

• Initiate a withdrawal : Click the "withdrawal" button and select the bank account you bound previously in the drop-down menu.

• Confirm the transfer : Enter the amount you want to withdraw, carefully check all information, and click "Cash Withdrawal" to complete the transaction after confirming that it is correct.

• Time : Bank transfers usually take 1-5 working days to complete, and the specific time depends on the bank processing speed and the process of the Coinbase platform.

• Fees : Coinbase will charge a certain fee, including cryptocurrency conversion fees, bank transfer fees, etc. The specific fee standards can be viewed on the platform. In addition, network fees may be incurred during online transfer.