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Call; +1(903) 375-0186 How to Withdraw Money from Coinbase?
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Coinbase has established itself as one of the most popular and user-friendly cryptocurrency exchanges in the world. With millions of users globally, many investors and traders are eager to withdraw funds from Coinbase to their bank accounts efficiently and securely. In this comprehensive guide, we explain how to cash out from Coinbase, including all the methods, timelines, fees, and best practices.
 
How to Cash Out with Coinbase?
Withdrawing your funds from Coinbase involves converting your cryptocurrency into fiat currency (USD, EUR, GBP, etc.) and then transferring it to your linked bank account. Here's how to do it:
Step-by-Step Guide: How to Withdraw Money from Coinbase
  1. Login to Coinbase Account
Access your Coinbase dashboard via desktop or mobile app.
  1. Sell Your Crypto to Fiat
Navigate to the Trade section.
o          Select the cryptocurrency you wish to sell.
o          Choose the fiat currency (like USD).
o          Complete the sale transaction.
  1. Select ‘Send’ or ‘Cash Out’ Option
Once your crypto is converted to fiat, go to Assets → Select your fiat balance → Click on Cash Out or Withdraw.
  1. Choose Your Linked Bank Account
If you have previously linked a bank account, select it. If not, you’ll need to add and verify your bank account.
  1. Enter Withdrawal Amount
Specify the amount you wish to transfer and confirm the transaction.
  1. Confirm Transaction and Wait for Funds
Finalize the process. You will receive a confirmation email and the funds will be sent to your bank.
 
Coinbase: How to Cash Out of Coinbase Wallet
The Coinbase Wallet is a separate product from Coinbase Exchange and is non-custodial. If your funds are in Coinbase Wallet, follow these steps:
How to Transfer from Coinbase Wallet to Bank Account
  1. Open the Coinbase Wallet App
Go to your crypto holdings.
  1. Send Crypto to Coinbase Exchange
o          Tap Send.
o          Enter your Coinbase Exchange wallet address.
o          Confirm and wait for the transfer.
  1. Sell Crypto on Coinbase Exchange
Once the funds arrive in Coinbase, follow the steps above to sell and withdraw.
 
How Long Does Coinbase Take to Cash Out?
The cash out timeline depends on the withdrawal method used:
  • Instant Withdrawals (via Debit Cards):
Typically within minutes, but may take up to 30 minutes.
Fees apply.
  • Bank Transfers (ACH - US):
1 to 3 business days. No fee.
  • SEPA (EU):
1-2 business days.
  • Wire Transfers:
Same day or next day, depending on the time initiated.
 
How Much Does Coinbase Charge to Cash Out?
Coinbase fees depend on withdrawal methods:
  • ACH (US Bank Transfers): Free

  • Instant Cash Out (Visa/Mastercard): ~1.5% fee (minimum $0.55)

  • SEPA Withdrawal (EU): €0.15

  • Wire Transfer (US): $25
Pro Tip: Avoid instant cash out if you’re withdrawing large amounts and want to save on fees.
 
How to Transfer from Coinbase to Robinhood
If you want to move your funds from Coinbase to Robinhood:
  1. Check Supported Assets
Robinhood only supports a limited number of cryptocurrencies.
  1. Use Wallet Addresses
If the crypto is supported, use Robinhood's wallet address to send from Coinbase.
  1. Wait for Confirmation
Transactions typically confirm in 10–30 minutes.
Note: Always double-check wallet addresses. Crypto transactions are irreversible.
 
How to Transfer from Robinhood to Coinbase
To move crypto from Robinhood to Coinbase:
  1. Enable Crypto Withdrawals on Robinhood
Not all users have access.
  1. Get Your Coinbase Wallet Address
Copy the correct receiving address from Coinbase.
  1. Initiate Send on Robinhood
Paste Coinbase wallet address → Enter amount → Confirm.
 
How to Transfer Money from Coinbase to Coinbase Wallet
Transferring crypto from Coinbase Exchange to Coinbase Wallet is simple:
  1. Open Coinbase App

  2. Select Asset and Click ‘Send’

  3. Enter Your Coinbase Wallet Address

  4. Review & Confirm Transaction
 
How to Wire Money to Coinbase
Coinbase allows users to deposit fiat via wire transfer:
  • Go to Settings → Payment Methods

  • Select Wire Transfer and follow instructions

  • Funds will be credited in 1-3 business days
Ensure your bank supports international wire transfers if you’re outside the US.
 
How to Get Money Out of Coinbase Quickly
To cash out instantly from Coinbase:
  1. Sell crypto to USD

  2. Link a Visa or Mastercard debit card

  3. Select Instant Cash Out

  4. Funds will arrive within minutes
This method incurs higher fees but offers speed.
 
Frequently Asked Questions
How Do I Withdraw Money on Coinbase?
Go to your USD (or fiat) balance → Click “Cash Out” → Choose your bank → Confirm.
Can I Cash Out Directly from Coinbase Wallet?
No. First transfer your assets to Coinbase Exchange, then sell and withdraw.
Is There a Limit on Withdrawals?
Yes, withdrawal limits vary by account verification level and method. Check your Coinbase account settings for your limits.
What’s the Safest Way to Withdraw?
Using ACH or SEPA transfers is safest and most economical. Instant debit card withdrawals are fast but less secure and more expensive.
 
Final Thoughts
Withdrawing funds from Coinbase to a bank account is a streamlined process, whether you’re using the main Coinbase platform or the Coinbase Wallet. By understanding your options, timelines, and fees, you can make informed decisions and maximize the value of your crypto holdings. Always ensure your bank details are correct and secure, and double-check wallet addresses for crypto transfers. With the steps and strategies outlined above, you’ll never need to wonder how to get your money out of Coinbase again.
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