If you’re new to Coinbase, one of the first questions you might be asking is “how long does it take to get money out of Coinbase?” Here’s a quick rundown of what you can expect when withdrawing your funds from Coinbase.
Withdrawing your money from Coinbase is actually very easy and straightforward. The first thing you’ll need to do is connect your bank account to Coinbase.
This can be done by going to the “Settings” page and clicking on “Linked Accounts.” From there, you’ll need to select your bank and enter your account information.
NOTE: Warning: Withdrawing funds from Coinbase can take some time, depending on the method you choose and your location. We recommend that you always double-check your preferred withdrawal method before initiating a withdrawal to ensure that it is supported in your region and that all required conditions are met. Furthermore, please be aware of any applicable fees associated with your chosen withdrawal method.
Once your bank account is linked, you can withdraw your money by going to the “Withdraw” page and selecting “Bank Account.” You’ll then be asked how much you want to withdraw and which account you’d like the funds to be withdrawn from.
After that, all you need to do is confirm the withdrawal and the funds should arrive in your bank account within 1-2 business days.
So there you have it! Withdrawing money from Coinbase is quick and easy. So if you’re looking to cash out your Bitcoin or other cryptocurrency earnings, Coinbase is a great option.
2 Related Question Answers Found
If you’re like most people, you probably have a Coinbase account and are wondering how long it will take to withdraw cash from it. The answer, unfortunately, is not as straightforward as you might hope. It all depends on how you want to withdraw your money.
When you create a Coinbase account, we need to verify your identity. This process is called know-your-customer (KYC) and is required by law in most jurisdictions. We use an automated system to verify your identity, which takes into account a number of factors including your:
Full name
Date of birth
Country of residence
Phone number
Supporting documentation
The amount of time it takes to verify your identity can vary depending on which factors our system takes into account.