Withdraw USDC and Money from Coinbase Wallet to Your Bank Account

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When it comes to withdrawing your crypto profits, many investors look for a smooth and secure way to cash out from Coinbase Wallet or the main Coinbase exchange. Whether you hold USDC, Bitcoin, Ethereum, or other assets, Coinbase provides reliable options for converting your digital currencies into fiat money and transferring them directly to your bank account. In this guide, we’ll cover everything you need to know about how to cash out crypto on Coinbase, including limits, fees, and step-by-step instructions.
 
How to Cash Out Crypto on Coinbase?
To cash out crypto on Coinbase, you must first convert your digital assets into fiat currency (USD, EUR, GBP, etc.) within the Coinbase platform. Here’s the simplified process:

1. Log in to your Coinbase account.
   Use the website or mobile app to access your portfolio.
   
   
2. Select the cryptocurrency you want to sell.
   This could be USDC, Bitcoin, or any other supported coin.
   
   
3. Click on “Sell.”
   Choose the amount and select your local fiat currency.
   
   
4. Select payout method.
   Options include bank transfer, PayPal (in some regions), or debit card.
   
   
5. Confirm the transaction.
   Once completed, the fiat balance will appear in your Coinbase account, ready to withdraw to your bank.
   

 
How to Cash Out from Coinbase Wallet?
Unlike Coinbase Exchange, Coinbase Wallet is a self-custody wallet, meaning it doesn’t directly support fiat withdrawals. To cash out from Coinbase Wallet:

1. Transfer crypto to Coinbase Exchange.
   Open your wallet, choose the asset, and send it to your Coinbase account using your Coinbase deposit address.
   
   
2. Convert crypto to fiat.
   On Coinbase Exchange, sell your crypto for USD or your local currency.
   
   
3. Withdraw to bank account.
   Use your linked bank to cash out funds quickly.
   

 
How to Transfer from Coinbase Wallet to Bank Account?
Since Coinbase Wallet cannot directly interact with banks, the process requires moving your assets through the Coinbase Exchange:

• Open Coinbase Wallet → Transfer Crypto → Choose Coinbase Exchange address.
  
  
• Sell Crypto → Convert into Fiat (USD, EUR, GBP).
  
  
• Withdraw → Send to your linked bank account.
  

This two-step process ensures that your funds move securely from wallet → exchange → bank.
 
How to Transfer Money from Coinbase to Coinbase Wallet?
Sometimes, you may want to move money from Coinbase to Coinbase Wallet for safekeeping or DeFi usage:

1. Log in to Coinbase.
   
   
2. Select “Send & Receive.”
   
   
3. Choose the crypto asset and enter your Coinbase Wallet address.
   
   
4. Confirm transfer → Assets will appear in your wallet.
   

 
How to Transfer Money from Coinbase to Bank?
To send money from Coinbase to your bank account:

1. Open Coinbase App.
   
   
2. Tap “Cash Out.”
   
   
3. Select linked bank account.
   
   
4. Enter withdrawal amount.
   
   
5. Confirm → Funds transfer in 1–3 business days (for ACH in the U.S.).
   

For instant transfers, debit card or PayPal withdrawals may be available (fees apply).
 
Coinbase Limits Explained
When cashing out crypto, it’s important to know the Coinbase withdrawal limits:

• Coinbase Daily Withdrawal Limit: Typically $50,000 per day, but varies by region and verification status.
  
  
• Coinbase Debit Card Limit: Spending limit is usually $2,500 per day, with ATM withdrawals capped at $1,000 per day.
  
  
• Coinbase Deposit Limit: ACH deposits can range up to $25,000 per day, while wire transfers allow higher amounts.
  
  
• Coinbase Purchase Limit: New accounts may start lower (around $3,000–$10,000 per week) but can be increased with verification.
  
  
• Coinbase Transfer Limit: Internal transfers (Coinbase to Coinbase Wallet) usually have no strict caps, aside from network fees.
  
  
• Coinbase Wire Transfer Limit: Wire transfers often allow up to $250,000 daily depending on account type.
  
  
• Coinbase Max Withdrawal: Verified users can access high daily limits; advanced Coinbase Prime users may withdraw millions.
  

Pro Tip: To increase your Coinbase limit, complete identity verification, link a trusted bank account, and build transaction history.
 
How to Withdraw Money on Coinbase (Step-by-Step)

1. Go to Assets
   
   
2. Select the crypto you want to convert.
   
   
3. Tap Sell → Choose amount.
   
   
4. Select Cash Out.
   
   
5. Choose bank account as payout method.
   
   
6. Confirm → Funds are sent.
   

 
Fees for Cashing Out on Coinbase

• Bank Transfers (ACH in U.S.): Usually free.
  
  
• Wire Transfers: $10–$25 depending on the bank.
  
  
• Instant Card/PayPal Withdrawals: around 1.5% fees.
  
  
• Crypto Network Fees: Applied when sending from Coinbase Wallet to Coinbase Exchange.
  

 
How to Get Money Out of Coinbase
If you need fast withdrawals:

• Use PayPal (if supported in your country).
  
  
• Use Instant Card Withdrawals → Funds arrive within minutes.
  
  
• Large transfers → Opt for wire transfers for same-day settlement.
  

 
How to Take Money Out from Coinbase Safely

• Always verify your bank details before cashing out.
  
  
• Use two-factor authentication (2FA) for added security.
  
  
• Double-check the amount and withdrawal method to avoid delays.
  
  
• Keep track of limits to avoid declined transactions.
  

 
Conclusion
Withdrawing USDC and other cryptocurrencies from Coinbase Wallet to your bank account is straightforward once you know the correct process. By transferring assets to Coinbase Exchange, converting them into fiat, and cashing out through your preferred payout method, you can securely access your money. Understanding Coinbase limits, fees, and withdrawal options ensures that your transactions are smooth and hassle-free.