common-close-0
BYDFi
Trade wherever you are!

Is it possible to withdraw funds from Coinbase and transfer them to a bank account?

avatarsavant selfmadeDec 18, 2021 · 3 years ago1 answers

I'm new to Coinbase and I'm wondering if it's possible to withdraw funds from Coinbase and transfer them to a bank account. Can someone guide me through the process? What are the steps involved? Is there any fee associated with this transaction? How long does it usually take for the funds to reach the bank account?

Is it possible to withdraw funds from Coinbase and transfer them to a bank account?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, you can withdraw funds from Coinbase and transfer them to a bank account. Coinbase is a reputable cryptocurrency exchange that allows users to easily convert their digital assets into fiat currency. To withdraw funds, simply log in to your Coinbase account, navigate to the 'Accounts' tab, select the cryptocurrency you want to withdraw, and click on the 'Send' button. Enter the amount you wish to withdraw and provide your bank account details. Coinbase will process the transaction and transfer the funds to your bank account. It's important to note that there might be a small fee associated with this transaction, and the time it takes for the funds to reach your bank account can vary depending on your bank's processing time.