It’s a common question asked by Coinbase users: “Why won’t my bank account connect to Coinbase?” There are a few possible reasons for this:
1. You may be using an unsupported bank.
Coinbase currently supports banks in the United States, Canada, Europe, and Singapore. If you’re using a bank that isn’t on this list, it won’t be able to connect to Coinbase.
2. You may have an account with a credit union or smaller bank.
Some credit unions and smaller banks don’t allow their accounts to be connected to Coinbase. In this case, you can try opening a new account with a larger bank that does support Coinbase.
3. You may need to verify your identity with Coinbase.
If you haven’t already verified your identity with Coinbase, you’ll need to do so before you can connect your bank account. To verify your identity, log in to Coinbase and click on the “Settings” tab.
Then click on the “Verify Identity” link and follow the instructions.
4. You may need to wait for a pending transaction to clear.
If you have a pending transaction on your bank account (such as a check that hasn’t cleared yet), this can prevent Coinbase from connecting to your account. In this case, you can try waiting a few days for the transaction to clear before trying again.
5. You may have reached your daily limit for buying or selling digital currency.
Coinbase has daily limits for buying and selling digital currency. If you try to connect your bank account after reaching one of these limits, it will fail to connect.
To see your current limits, log in to Coinbase and click on the “Settings” tab. Then click on the “Payment Methods” link and look under “Daily Limit” for your current buy and sell limits.