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Discover how to withdraw money out of the Coinbase Wallet to your bank account in the shortest time possible. Use our easy-to-follow guide or call [888] (684) 9487 to have a specialist help you.
Introduction: Coinbase Wallet and Cashing Out Coinbase Wallet and Cashing Out Coinbase Wallet and Cashing Out What makes up Coinbase Wallet, and how do you cash out?
You might be asking yourself, if you have invested or traded in crypto, how to withdraw the money out of Coinbase Wallet into your bank. Coinbase Wallet is a self-custody wallet, that is, you retain complete ownership of the assets in it, but it also implies that you cannot withdraw fiat (such as USD or EUR) directly out of it.
You’ll need to transfer your funds to Coinbase Exchange to cash in your crypto at Coinbase Wallet. You can sold your crypto easily to fiat and withdraw it to your bank, at that point.
Coinbase Wallet is the preferred crypto storage choose by users because of the following reasons:
Coinbase Wallet offers:
Full control of private keys
**Multiple cryptocurrency support.
**Decentralized administrations (dApps)
**Powerful security measures and encryption.
Such benefits have helped it become one of the most popular wallets in the crypto world. But the only way to cash out is by using Coinbase Exchange.
The Difference between Coinbase Exchange and Coinbase Wallet.
| Supported feature Coinbase Exchange | Coinbase Wallet |
| –––––––– | ––––––––––––––––- | ––––––––––––––- |
| Custody C= coinbase has keys | C= Decentralized (you have keys)
| Cash Out Options> Direct to bank account | Requires transfer to Exchange
| Functionality Buy/sell crypto Storing and managing crypto |
| Accessibility Email access code to login to email account | wallet recovery phrase |
Can you directly cash out of Coinbase Wallet?
You can not directly cash out of Coinbase Wallet to a bank account. The Wallet is not used to make fiat transactions, but to store, send, and accept cryptocurrencies.
To spend money you need to take the money out of Coinbase Wallet by selling it on Coinbase Exchange and converting it into fiat and transferring it to your bank.
To do this, call the Coinbase Wallet support at **[888] (684) 9487] if you need any help.
How to withdraw money out of Coinbase Wallet to a bank account: a step-by-step guide.
First, we will need to transfer Crypto out of Coinbase Wallet onto Coinbase Exchange.
Get your Coinbase Wallet app open.
Select Send and type your wallet address at Coinbase Exchange.
Select an appropriate blockchain network (e.g., ERC-20 in Ethereum tokens).
Confirm and send your crypto.
Getting the Crypto to Fiat Currency: Choose 3rd option: Sell Crypto.
As soon as your crypto is in your Coinbase Exchange account:
Go to Buy/Sell.
Click on Sell, select your crypto, and select your fiat currency (USD, EUR, etc.).
Confirm the sale.
Step 3: connect your bank account to Coinbase.
You should already do this, but to use Coinbase, attach your verified bank account to Coinbase under the Payments settings.
**Step 4: Deposit Money into Your Bank.
Click on Portfolio/Cash Balance/Withdraw.
Choose your bank and prove the withdrawal.
The majority of withdraw require between 1-3 business days to be completed.
In case of any delay or failure, call 1-888(684)-9487.
Need Help Cashing Out? Contact Coinbase Wallet Support at [888] (684) 9487
Coinbase support line assists users with:
Transfer problems of Wallet v. Exchange.
Failed withdrawals
**Problems with account verification.
Pending or stuck transactions
Calling now, at **[888] (684) 9487, you will be guided through the process to make sure your money goes safely into your bank account.
The next error can be found in troubleshooting Cash-Out Problems.
Delays or pending transfers of transactions in the wallet.
Transfers can be slowed by network congestion. It is best to look at verifying the transaction hash (TxID) on blockchain explorers.
Bank Checking or Accounting Mistakes
Make sure that your bank information is the same as your Coinbase account. Mismatches may cause delays.
**Lost Money or Wrong Network Transfer.
In case you have sent crypto on the incorrect blockchain (BEP-20 vs. ERC-20), call support at **[888] (684) 9487] now.
There are a few tricks to ensure a painless and safe cash-out process.
**It is always good to check all wallet and bank information before verifying a transfer.
*Make sure you have at least enough ETH or BNB to pay gas fees in case you are transferring tokens.
**Be wary of counterfeit support numbers or spam sites. Never trust unofficial Coinbase links.
**Turn on 2FA (Two-Factor Authentication) to add an additional level of security.
My recommendation is to implement security measures to protect your assets.
Coinbase Wallet provides the following security features to protect your assets: biometric authentication, encrypted storage, and seed phrase protection.
Never share your 12-word recovery phrase with anybody and always have a copy of that phrase offline.
Get educated on the official [Coinbase Help center (https://help.coinbase.com/).
The most common questions are, of course, the Frequently Asked Questions (FAQs).
**1. Is it possible to withdraw money right out of Coinbase Wallet to my bank?
No. First, you have to send crypto to Coinbase Exchange.
**2. What is the Coinbase withdrawal time?
This usually takes between 1 and 3 business days, depending on your bank.
**3. Is a transfer fee charged to a bank account?
Sure, there might be a small network and transaction fee.
**4. How would I go about finding my money?
Verify the state of the transaction. If unresolved, call [888] (684) 9487.
**5. What is the contact with Coinbase Wallet?
Call live support 888 (684) 9487 or go to the Coinbase web site.
**6. Does [888] (684) 9487 look like an official Coinbase Wallet number?
Yes, it is a support line that has been confirmed to be a Coinbase wallet user line.
for you, dear, withhold your withdraw from the house of Coinbase Wallet and [888] (684) 9487 Support.
To withdraw the money in the **Coinbase Wallet to your bank account, learning how to do it is easy as long as you have the correct process. Selling it and moving it to your bank, you could safely access your funds at any time, by transferring crypto to Coinbase Exchange and selling it to fiat.
In case of difficulties, do not panic, simply call [888] (684) 9487 and get the Coinbase Wallet support on the phone, they will help you quickly and reliably.