For US customers, Coinbase uses the ACH bank transfer system for transfers to your bank account. The ACH bank transfer system typically takes 3-5 business days to complete after initiating a sell or withdrawal. Coinbase will deduct the balance from your source of funds and begin the bank transfer immediately.
Read moreWhy can’t I withdraw my money from Bitcoin?
Why is there a hold period? To protect your account and to ensure the integrity of our trading system, we may place a hold on funds leaving the platform – particularly if you purchases crypto using a card or if we detect abnormal activity or security concerns with your account.
Read moreHow do I withdraw money from Coinbase fast?
There are only a few steps to instantly cash out from a USD wallet.
Read moreIs withdrawal from Coinbase instant?
One of the defining characteristics of crypto is that it can be transacted instantly, anywhere, anytime. However, when customers want to sell their crypto assets and withdraw cash from their accounts, the traditional banking system can make the process take up to several days.
Read moreHow do I add a payment method to Coinbase?
How do I add a payment method?
Read moreCan money be stolen from Coinbase?
Coinbase carries crime insurance that protects a portion of digital assets held across our storage systems against losses from theft , including cybersecurity breaches.
Read moreCan Coinbase take money from my bank account?
When you use a linked bank account to deposit funds to your Coinbase fiat wallet, or use it to purchase cryptocurrency, this type of transaction is not a wire transfer such that Coinbase receives the funds immediately . For security reasons, you will not be able to immediately withdraw or send crypto off of Coinbase.
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