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Cashing out your crypto from Coinbase Wallet to your bank account may seem confusing at first, but with the right steps, you can easily convert your digital assets into real money. In this detailed guide, we’ll cover how to cash out from Coinbase Wallet, the differences between Coinbase and Coinbase Wallet, withdrawal methods, transfer limits, and how to increase your Coinbase limits for smoother transactions.
Understanding Coinbase vs. Coinbase Wallet
Before you begin, it’s important to know the difference between Coinbase and Coinbase Wallet:
How to Cash Out from Coinbase Wallet?
If you are wondering how to cash out Coinbase Wallet, here are the steps:
How to Cash Out Crypto on Coinbase (Exchange)
If your funds are already in Coinbase Exchange, the process is even simpler:
Different Withdrawal Options on Coinbase
Coinbase provides multiple ways to withdraw money depending on your region:
How to Transfer from Coinbase Wallet to Bank Account?
If you want to move your funds directly, here’s the step-by-step method:
Coinbase Limits: What You Need to Know
When cashing out, limits play a big role. Coinbase sets different restrictions for deposits, withdrawals, and purchases.
Types of Coinbase Limits
[*]This is the maximum amount of cryptocurrency you can purchase per day on Coinbase.
[*]This sets the maximum crypto you can withdraw per day from your Coinbase account.
[*]If you use the Coinbase Card, there’s a daily spending limit.
[*]This is the amount of fiat (USD, EUR, GBP, etc.) you can deposit from your bank into Coinbase.
[*]This refers to restrictions on buying digital assets.
[*]Applies to moving funds between Coinbase accounts or to/from Coinbase Wallet.
[*]Wire transfers provide higher limits than ACH or card transactions.
How to Increase Coinbase Limit?
If you are hitting your Coinbase account limit, here’s how to increase it:
Common Questions about Coinbase Withdrawals
Final Thoughts
Cashing out from Coinbase Wallet to a bank account requires moving funds to Coinbase Exchange first. Once there, you can easily sell crypto, withdraw funds via bank transfer, PayPal, or debit card, and access your money.
Understanding Coinbase vs. Coinbase Wallet
Before you begin, it’s important to know the difference between Coinbase and Coinbase Wallet:
- Coinbase (Exchange): This is where you buy, sell, and trade crypto directly. You can easily withdraw money to your bank account here.
- Coinbase Wallet (Self-Custody Wallet): This is a decentralized wallet that stores your private keys. You control your funds, but you cannot directly cash out to a bank. Instead, you must transfer crypto from Coinbase Wallet to Coinbase Exchange first, and then withdraw to your bank.
How to Cash Out from Coinbase Wallet?
If you are wondering how to cash out Coinbase Wallet, here are the steps:
- Open Coinbase Wallet
Log in to your Coinbase Wallet app.
- Transfer Crypto to Coinbase Exchange
- Go to your wallet, select the crypto you want to transfer.
- Enter your Coinbase Exchange wallet address (from the main Coinbase app).
- Confirm and send the crypto.
- Go to your wallet, select the crypto you want to transfer.
- Sell Crypto on Coinbase Exchange
once your funds arrive in Coinbase Exchange, go to "Sell" and convert your crypto (Bitcoin, Ethereum, USDC, etc.) into your local currency (USD, EUR, INR, etc.).
- Withdraw to Bank Account
- Go to Assets → Cash Out → Bank Account.
- Choose between Instant Transfer (with a small fee, money arrives within minutes) or Standard Transfer (free, but takes 1–5 business days).
- Go to Assets → Cash Out → Bank Account.
How to Cash Out Crypto on Coinbase (Exchange)
If your funds are already in Coinbase Exchange, the process is even simpler:
- Sign in to your Coinbase Exchange account.
- Select the crypto you want to cash out.
- Convert it to fiat currency.
- Select Withdraw → Bank Account.
- Confirm the transaction.
Different Withdrawal Options on Coinbase
Coinbase provides multiple ways to withdraw money depending on your region:
- Bank Transfer (ACH/SEPA): Standard method, takes 1–5 business days.
- Instant Card Withdrawal: Funds transferred to your debit card instantly (small fee applies).
- PayPal Withdrawals: In supported countries, you can transfer to PayPal.
- Wire Transfer: For higher amounts, wire transfers are available.
How to Transfer from Coinbase Wallet to Bank Account?
If you want to move your funds directly, here’s the step-by-step method:
- From Coinbase Wallet → Transfer to Coinbase Exchange.
- From Coinbase Exchange → Sell Crypto to Fiat.
- From Coinbase → Withdraw to Bank Account.
- How to transfer from Coinbase to Bank: Use the Withdraw → Bank option.
- How to transfer from Coinbase to Robinhood: Move crypto to a compatible wallet, then deposit to Robinhood.
- How to transfer from Coinbase to Coinbase Wallet: Use the Send option inside Coinbase.
Coinbase Limits: What You Need to Know
When cashing out, limits play a big role. Coinbase sets different restrictions for deposits, withdrawals, and purchases.
Types of Coinbase Limits
[*]This is the maximum amount of cryptocurrency you can purchase per day on Coinbase.
- For most users, the buy limit depends on verification level (ID verification, linked bank, etc.).
- Example: A fully verified account can often buy up to $25,000 per day, while new or unverified accounts may have much lower limits.
[*]This sets the maximum crypto you can withdraw per day from your Coinbase account.
- Standard withdrawal limits are $50,000 per day for retail users.
- Institutional accounts often enjoy much higher limits.
[*]If you use the Coinbase Card, there’s a daily spending limit.
- Typically capped at $2,500 per day for purchases.
- ATM withdrawals using the card may have a $1,000 per day limit.
[*]This is the amount of fiat (USD, EUR, GBP, etc.) you can deposit from your bank into Coinbase.
- ACH transfers usually allow up to $25,000 per day.
- Wire transfers may support higher deposits, depending on account type.
[*]This refers to restrictions on buying digital assets.
- It overlaps with the buy limit but may be lower for certain payment methods.
- Example: Using a debit card may have a limit of $7,500 per week, while a bank transfer allows more.
[*]Applies to moving funds between Coinbase accounts or to/from Coinbase Wallet.
- For most users, there is no strict transfer limit for crypto between Coinbase Wallet and Coinbase exchange.
- However, fiat transfers to linked bank accounts follow the withdrawal limits.
[*]Wire transfers provide higher limits than ACH or card transactions.
- Verified accounts can deposit or withdraw over $100,000 per transaction via wire.
- This is the preferred method for large institutional or high-net-worth transactions.
How to Increase Coinbase Limit?
If you are hitting your Coinbase account limit, here’s how to increase it:
- Verify Identity
Upload a government-issued ID (passport, driver’s license, Aadhaar, etc.).
- Add a Payment Method
Link your bank account or debit card for higher limits.
- Build Transaction History
Regular trading and withdrawals can help Coinbase gradually increase your account limit.
- Request a Limit Increase
In some cases, you can contact Coinbase Support to request higher withdrawal or purchase limits.
Common Questions about Coinbase Withdrawals
- How do I withdraw money on Coinbase?
Go to Assets → Cash Out → Bank Account.
- How can I withdraw money from Coinbase instantly?
Use the Instant Withdrawal to Debit Card option.
- How long does Coinbase bank transfer take?
Standard transfers take 1–5 business days, while instant transfers complete within minutes.
- How do I get money out of Coinbase without fees?
Choose a standard bank transfer instead of instant withdrawal.
- Can I cash out directly from Coinbase Wallet?
No, you must transfer funds to Coinbase Exchange first.
- What’s the maximum Coinbase withdrawal limit?
It depends on your verification level, but typically ranges between $25,000 – $100,000 daily for verified users.
Final Thoughts
Cashing out from Coinbase Wallet to a bank account requires moving funds to Coinbase Exchange first. Once there, you can easily sell crypto, withdraw funds via bank transfer, PayPal, or debit card, and access your money.