How to Withdraw from Coinbase

How to Withdraw from Coinbase


How do I cash out my funds

To transfer cash from Coinbase to your linked debit card, bank account, or PayPal account, you first need to sell cryptocurrency to your USD wallet. After this, you can cash out the funds
 

Note that there is no limit on the amount of crypto you can sell for cash.

1. Sell cryptocurrency for cash

1. Click Buy / Sell on a web browser or tap the icon below on the Coinbase mobile app.
How to Withdraw from Coinbase
2. Select Sell.
How to Withdraw from Coinbase
3. Select the crypto you want to sell and enter the amount.
How to Withdraw from Coinbase
4. Select Preview sell - Sell now to complete this action.
How to Withdraw from Coinbase
How to Withdraw from Coinbase
Once complete, then your cash will be available in your local currency wallet (USD Wallet, for example).
Note that you can immediately cash out your funds by tapping Withdraw funds in the Coinbase mobile app or Cash out funds from a web browser.
How to Withdraw from Coinbase

2. Cash out your funds

From the Coinbase mobile app:

1. Tap Cash out

2. Enter the amount you want to cash out and choose your transfer destination, then tap Preview cash out.
How to Withdraw from Coinbase
3. Tap Cash out now to complete this action.
How to Withdraw from Coinbase
When cashing out a sell from your cash balance to your bank account, a short holding period will be placed before you can cash out the funds from the sell. Despite the hold period, you are still able to sell an unlimited amount of your crypto at the market price you desire.
How to Withdraw from Coinbase

From a web browser:

1. From a web browser select your cash balance under Assets.

2. On the Cash out tab, enter the amount you want to cash out and then click Continue.

3. Choose your cash out destination and then click Continue.

4. Click Cash out now to complete your transfer.


Can I withdraw from my EUR wallet to my verified UK bank account?

At this moment, we do not support direct withdrawals from your Coinbase EUR wallet to your verified UK bank account. If you would like to withdraw from your EUR wallet via a SEPA transfer or another payment methods, please follow below.

Coinbase supports the following payment methods for European customers in a supported country.
Best For Buy Sell Deposit Withdraw Speed

SEPA Transfer

Large amounts, EUR deposits, Withdrawing

1-3 business days

3D Secure Card

Instant crypto purchases

Instant

Instant Card Withdrawals

                                                                  Withdrawals

  ✘

  ✘

      ✘

       ✔

                   Instant

Ideal/Sofort

EUR deposits, buy crypto

3-5 business days

          PayPal

                                                                 Withdrawals

  ✘

  ✘

      ✘

     Instant

      Apple Pay*                                                                  Withdrawals   ✔    ✘       ✘        ✘      Instant
* Apple Pay is not available in all regions in EU at this time

Note: Coinbase currently does not accept physical checks nor bill pay as a payment method to purchase cryptocurrency or to deposit funds into a users fiat wallet. Checks will be returned to sender upon receipt via mail, provided a mailing address is present. And as a reminder, Coinbase customers can only have one personal Coinbase account.

Alternatively, if you would like to convert your funds from EUR to GBP and withdraw, follow these steps:
  1. Buy cryptocurrency using all the funds in your Coinbase EUR Wallet
  2. Sell cryptocurrency to your GBP Wallet
  3. Withdraw from your Coinbase GBP Wallet to your UK Bank Account via Faster Payment transfer

Frequently Asked Questions (FAQ)


When will funds be available to withdraw from Coinbase?

How to determine when funds will be available for withdrawal:
  • Before confirming a bank purchase or deposit, Coinbase will tell you when the purchase or deposit will be available to send off Coinbase
  • Youll see this labeled as Available to send off Coinbase on the website, or Available to withdraw on the mobile app
    • Youll also be given options if you need to send instantly.

This is typically provided on the confirmation screen prior to processing a bank transaction.


Why arent funds or assets available to move or withdraw off Coinbase immediately?

When you use a linked bank account to deposit funds to your Coinbase fiat wallet, or use it to purchase cryptocurrency, this type of transaction is not a wire transfer such that Coinbase receives the funds immediately. For security reasons, you will not be able to immediately withdraw or send crypto off of Coinbase.

There are a variety of factors that will determine how much time it may take until you can withdraw your crypto or funds off of Coinbase. This includes but is not limited to your account history, transaction history, and banking history. Withdrawal-based limit holds typically expire at 4 pm PST on the date listed.


Will my withdrawal availability affect other purchases?

Yes. Your purchases or deposits will be subject to any existing restrictions on the account, regardless of which payment method you used.

In general, debit card purchases or wiring funds directly from your bank to your Coinbase USD wallet do not affect your withdrawal availability - if no restrictions exist on your account, you can use these methods to purchase crypto to send off of Coinbase immediately.
 


How long does a sell or cashout (withdrawal) take to complete?

Selling or cashing out using ACH or SEPA banking process:

US Customers
When you place a sell order or cash out USD to a US bank account, the money usually arrives within 1-5 business days (depending on cashout method). The delivery date will be shown on the Trade Confirmation page before your order is submitted. You can see when the funds are expected to arrive on your History page. If you reside in one of the states that supports the Coinbase USD Wallet, sells into your USD Wallet will occur instantly.

European Customers
Since your local currency is stored within your Coinbase account, all buys and sells occur instantly. Cashing out to your bank account via SEPA transfer generally takes 1-2 business days. Cashout by wire should complete within one business day.

United Kingdom Customers
Since your local currency is stored within your Coinbase account, all buys and sells occur instantly. Withdrawing to your bank account via GBP bank transfer generally completes within one business day.

Canadian Customers
You can sell cryptocurrency instantly using PayPal to move funds out of Coinbase.

Australian Customers
Coinbase currently does not support selling cryptocurrency in Australia.

Selling or withdrawal using PayPal:
Customers in the US, Europe, UK, and CA, will be able to withdraw or sell cryptocurrency instantly using PayPal. To see what regional transactions are allowed and payout limits.
 
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