Coinbase, Exchanges

How Do I Transfer Money From Coinbase to My Bank Account?

If you’re using Coinbase to buy cryptocurrencies, you may eventually want to cash out and receive your proceeds in your local fiat currency. In order to do this, you’ll need to transfer your money from Coinbase to your bank account.

Here’s a step-by-step guide on how to do it.

1. Log in to your Coinbase account and select “Send/Receive” from the menu at the top of the page.

2. Select “Withdraw from Coinbase”

3. Enter the amount of money you want to withdraw and select the wallet you’re withdrawing from. Then, click “Continue”

4. On the next page, select “Bank account (ACH transfer)” as your withdrawal method.

5. Enter your bank account information, including your routing number and account number. Be sure to double-check that everything is entered correctly!

6. Review the transaction details and click “Withdraw” when you’re ready to proceed.

Your withdrawal will typically process within 1-2 business days and you’ll receive an email notification when it’s complete. That’s all there is to it! Now you know how to transfer money from Coinbase to your bank account.

NOTE: WARNING: When transferring money from Coinbase to your bank account, you should always double-check the accuracy of the information you provide to ensure that your funds are transferred to the correct account. If you enter incorrect bank account details, there is no guarantee that Coinbase will be able to recover your funds. Additionally, Coinbase does not accept payments with international bank accounts or credit/debit cards, so please make sure that both your Coinbase and bank account are in the same country.

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