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To withdraw from Coinbase, sell your cryptocurrency for fiat currency (USD, EUR, GBP) in the app, then select "Withdraw Cash" to transfer funds to a linked bank account via ACH (often free, 1-5 days) or a debit card (instant, fee applies). Ensure your bank is linked and verified, as the account used for withdrawal must have made a previous deposit.
Steps to Withdraw Cash (Bank Account)
Key Details
Withdrawing Cryptocurrency
To move crypto to an external wallet instead of cash:
How to Cash Out on Coinbase Wallet?
To withdraw money from Coinbase Wallet, you must first convert your crypto to cash (fiat) or move it to a centralized exchange, as the wallet is self-custody and not directly linked to banks. Options include using the built-in "Sell" feature in the app to convert crypto to fiat via a third party, or sending assets to the Coinbase app/exchange to withdraw to a linked bank account.
Method 1: Selling Crypto Directly in Coinbase Wallet
Method 2: Transferring to Coinbase Exchange (Recommended)
This method is often preferred for lower fees.
Key Details
How to cash out crypto on Coinbase?
To withdraw cryptocurrency from Coinbase to an external wallet, select Send/Receive (or Withdraw in Pro/Advanced), choose the asset, and enter the destination wallet address and amount. Ensure the network matches (e.g., ERC-20, Solana) to avoid loss, then review fees and confirm. For cash, sell crypto for fiat, then withdraw to a linked bank account.
Steps to Withdraw Crypto from Coinbase (Website & App)
Key Tips for Success
Withdrawing Cash (Fiat)
If you want to withdraw money to your bank account:
How much does Coinbase charge to cash out?
Coinbase withdrawal fees depend on the method and asset, generally featuring free ACH transfers, $25 for USD wire transfers, and variable network fees for cryptocurrency, often $1–$5 for Bitcoin. USDC withdrawals are free, while USDT incurs a 0.01% fee. Fees are displayed before confirming transactions.
Fiat Withdrawal Fees
Crypto Withdrawal Fees (to external wallets)
Other Withdrawal Information
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Steps to Withdraw Cash (Bank Account)
- Sell Crypto: If your balance is in crypto, you must first sell it for cash (USD, EUR, etc.).
- Navigate to Cash Out: On the home page, select Cash or Withdraw Cash.
- Enter Amount: Input the amount you wish to withdraw and select the destination bank account.
- Confirm: Review the transaction, including any fees and transfer times, and tap Withdraw Now.
Key Details
- Methods: ACH Bank Transfer (standard) or Instant Card Transfer (faster).
- Fees: Standard ACH transfers are often free; instant transfers usually incur a fee.
- Timing: ACH transfers typically take 1-5 business days, while debit card withdrawals are nearly instant.
- Limits: Your "available balance" dictates how much you can withdraw, which may exclude recent deposits that haven't cleared.
Withdrawing Cryptocurrency
To move crypto to an external wallet instead of cash:
- Go to the Transfer tab and select Withdraw.
- Select the asset (e.g., BTC, ETH) and enter the external wallet address.
- Confirm the network and amount, and then select Withdraw.
How to Cash Out on Coinbase Wallet?
To withdraw money from Coinbase Wallet, you must first convert your crypto to cash (fiat) or move it to a centralized exchange, as the wallet is self-custody and not directly linked to banks. Options include using the built-in "Sell" feature in the app to convert crypto to fiat via a third party, or sending assets to the Coinbase app/exchange to withdraw to a linked bank account.
Method 1: Selling Crypto Directly in Coinbase Wallet
- Open your Coinbase Wallet app.
- Select the asset you wish to sell.
- Tap "Sell" or "Cash out".
- Enter the amount to convert to your local currency (e.g., USD).
- Select a payment method (e.g., linked bank account).
- Review the transaction fee and complete the sale.
Method 2: Transferring to Coinbase Exchange (Recommended)
This method is often preferred for lower fees.
- Open your Coinbase Wallet app and select the asset.
- Tap "Send" and enter the amount.
- Enter your Coinbase Exchange (app) deposit address as the recipient.
- Once received in the Coinbase app, go to the "Assets" tab and select "Cash out".
- Choose your bank account and confirm the withdrawal.
Key Details
- Fees: Using the "Sell" feature in the wallet may incur high fees compared to transferring to an exchange.
- Gas Fees: You must have the native token of the blockchain (e.g., ETH for Ethereum, SOL for Solana) to pay for network fees when moving assets out of your wallet.
- Transfer Times: Bank transfers typically take 1–3 business days, while instant cashouts (if available) take up to 24 hours.
How to cash out crypto on Coinbase?
To withdraw cryptocurrency from Coinbase to an external wallet, select Send/Receive (or Withdraw in Pro/Advanced), choose the asset, and enter the destination wallet address and amount. Ensure the network matches (e.g., ERC-20, Solana) to avoid loss, then review fees and confirm. For cash, sell crypto for fiat, then withdraw to a linked bank account.
Steps to Withdraw Crypto from Coinbase (Website & App)
- Initiate Transfer: Click Send or Send/Receive on the homepage.
- Select Asset & Amount: Choose the cryptocurrency and enter the amount.
- Enter Address: Copy the destination address from your external wallet/exchange and paste it into the "To" field.
- Select Network: If prompted, choose the correct blockchain network (e.g., BTC, ETH, SOL). Warning: Using the wrong network can lead to permanent loss of funds.
- Review & Send: Click Preview Send to review details, including fees and network, then click Send now.
Key Tips for Success
- Network Fees: Be aware of network fees (gas fees) which fluctuate based on congestion.
- Verification: Always double-check the recipient address. Crypto transactions are irreversible.
- Minimums: There may be minimum amounts for certain withdrawals.
- Security: Use 2-step verification for increased security.
- Wait Time: Transfers may take time to reflect, depending on blockchain confirmations.
Withdrawing Cash (Fiat)
If you want to withdraw money to your bank account:
- Sell Crypto: Go to the buy/sell section and sell your crypto for your local currency (USD, EUR, etc.) to hold it as a cash balance.
- Cash Out: Go to your portfolio, select your cash balance, and choose Cash out.
- Method: Choose your linked bank account or debit card for transfer.
How much does Coinbase charge to cash out?
Coinbase withdrawal fees depend on the method and asset, generally featuring free ACH transfers, $25 for USD wire transfers, and variable network fees for cryptocurrency, often $1–$5 for Bitcoin. USDC withdrawals are free, while USDT incurs a 0.01% fee. Fees are displayed before confirming transactions.
Fiat Withdrawal Fees
- ACH (USD): Free.
- Wire (USD): $25.
- SEPA (EUR): €0.15.
- Swift (GBP): £1.
- Instant Cashout: Up to 1.5% of the transaction (minimum fee of $0.55), Coinbase Help says.
Crypto Withdrawal Fees (to external wallets)
- Network Fees: Coinbase charges a fee based on the blockchain's transaction traffic (miner's/gas fees).
- Bitcoin (BTC): Typically $1.00–$5.00.
- USDC: Free.
- USDT: 0.01% of the amount, with a 20 USDT maximum.
Other Withdrawal Information
- Minimums: Each asset has a minimum withdrawal amount (e.g., BTC is 0.0001).
- ATM (Card): No Coinbase fee for ATM withdrawals using the Coinbase Card, but operator fees may apply.
- Timing: ACH transfers typically take 3-5 business days, while crypto withdrawals depend on network congestion.
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