Coinbase, Exchanges

Is Coinbase Instant Withdrawal?

With the recent launch of Coinbase Instant withdrawal, many users are wondering if this new feature lives up to the hype. We take a look at what Instant withdrawal is and how it works to see if it is worth your time.

What is Coinbase Instant Withdrawal?

Coinbase Instant Withdrawal is a new feature that allows you to instantly withdraw your funds from Coinbase to your linked bank account. This means that you no longer have to wait 1-3 days for your funds to arrive in your account, you can now have them in minutes.

How Does Coinbase Instant Withdrawal Work?

Coinbase Instant Withdrawal uses the ACH network to send your funds to your bank account. This is the same network that is used for direct deposit and other electronic transfers.

NOTE: WARNING: Coinbase’s Instant Withdrawal feature is not available to all customers. It is only available to customers with a Coinbase Pro account. Additionally, the Instant Withdrawal feature has withdrawal limits and fees associated with it. Before using this feature, please read Coinbase’s terms and conditions and understand the risks associated with using this feature.

When you initiate a withdrawal, Coinbase will send the funds via ACH and then your bank will make the funds available in your account typically within minutes.

Is Coinbase Instant Withdrawal Worth It?

Coinbase Instant Withdrawal is a great new feature for those who need access to their funds quickly. If you are looking to buy something with Bitcoin or simply want to cash out your earnings, this new feature from Coinbase will save you time and hassle.

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