I have shown a step-by-step tutorial on withdrawing money from Coinbase Account to PayPal or Bank Account.
First, I’m going to sell my cryptocurrency that I have then I will add my bank account and PayPal account. Then I will withdraw my money from Coinbase.
I m going to show you everything you want to follow, so let’s get started.
Table of Contents
How to Withdraw from Coinbase
Step 1: Sell Cryptocurrency.
Navigate to buy and sell.
If you want to sell all Bitcoin, click on selling all or manually entering the amount you want to sell.
Choose the right currency you want, and it depends on your country.
Click on Wallet. In my case, I’m choosing a EUR wallet.
Click on preview sell.
It will show you the amount and fees.
Before this, verify your bank account and Paypal account.
Step 2: Coinbase Withdraw to Bank Account.
To verify the bank account, go to the top right where you see your name, click on that, then click on settings.
It will take you to the Setting; click on the payment method.
Click on add new payment method.
So here you have to add your bank details.
You have to send a small amount to verify your bank account. Use the correct information which has shown.
After sending, put that reference number as shown above. Correctly add that reference number. If you made a mistake, you are not verified because Coinbase doesn’t know if it is the original bank account.
Click on I send it. Then it will verify your deposit which needs 1-2 business days. Then it will get verified.
Follow these steps
- Go to the Portfolio, and there choose a fiat wallet. Then click on withdraw.
- If you want to withdraw all the click on withdraw all.
- Click on continue.
- Then choose where you want your money to withdraw. Here I choose a bank account where I want to withdraw.
- Click on continue.
- This is how you can withdraw money from your Coinbase Account to your Bank account.
Step 3: Coinbase Withdraw to Paypal
If you want to withdraw to PayPal, the process is the same.
- Go to the settings tab.
- Click on add payment method.
- Choose Paypal.
- Verify Your Paypal with Coinbase.
- Go to the Portfolio,
- Sell your cryptocurrency,
- Click on fiat Wallet,
- Then click on withdraw
- Click on continue.
- Select PayPal.
- Click on continue.
This is how you can withdraw money from your Coinbase Account to your PayPal account.
How to Withdraw from Coinbase to Binance
Here is how to transfer from Coinbase to Binance
- Head to Binance,
- Go to Wallet,
- Search Bitcoin, and Click on Deposit.
- There you will get your bitcoin address. Copy the address.
- Head to Coinbase
- Click on Send/Receive,
- Enter Amount and Bitcoin Address which you copied from Binance click on continue.
The withdrawal Fee is 0.0005 BTC which is almost 20-40$.
Here is how to transfer from Binance to Coinbase
- Head to Coinbase
- Go to Prices, Click on bitcoin.
- Navigate to Wallet, Click on receive BTC.
- Copy Bitcoin Address.
- Head to Binance,
- Go to Wallet, Click on Spot Wallet,
- Click on withdraw and enter the Bitcoin address.
It will take 15-20 mins to transfer.
The withdrawal Fee is 0.0005 BTC which is almost 20-40$.
Coinbase Withdraw to Debit Card
Here is how you can withdraw a debit card.
- Go to Coinbase.
- On the top right, where your name is, click on Setting.
- Navigate to the Payment Method.
- Click on add a payment method.
- Enter your Debit/Credit Card details.
- Go to the Portfolio, Sell the cryptocurrency.
- Click on fiat wallet.
- Select Withdraw to Debit Card.
How to Withdraw Bitcoin from Coinbase
Here is how you can withdraw bitcoin from Coinbase
- Go to Coinbase,
- Click on Portfolio,
- Click on the Bitcoin,
- Click on Withdraw.
How long does it take to withdraw from Coinbase?
Withdrawal from Coinbase account to a Paypal account is instant money withdrawal.
But from Coinbase account to Bank account, it will take 2-3 business days.
Coinbase Withdrawal fee
The withdrawal fee for Coinbase is different for different countries.
| Country | Buy/Sell | Instant Buys | Bank Transfer In/Out | instant Card Withdrawal |
|---|---|---|---|---|
Europe | 1.49% | 3.99% | Free/€0.15 | 2% of any transaction and a minimum fee of €0.5 |
UK | 1.49% | 3.99% | Free/€0.15 | 2% of any transaction and a minimum fee of £0.55 |
United State | 1.49% | 1.49% | 3.99% | 1.5% of any transaction and a minimum fee of $0.55 |
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