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How to Cash Out on Coinbase: A Comprehensive Guide The crypto world is full of high-stakes intrigue and potential leaps in wealth. Among these digital landscapes about cryptocurrencies, cashing out to realize the tangible value of your investments remains a common concern, particularly for those using popular platforms like Coinbase. Understanding how to efficiently and securely convert your crypto assets into cash is a crucial step in your financial journey. Understanding Coinbase: A Brief Overview Coinbase is one of the largest and most prominent cryptocurrency exchanges globally, catering to millions of users with its user-friendly interface and robust security features. Founded in 2012, Coinbase has become a trusted name in the crypto industry, offering the buying, trading, and storing of various cryptocurrencies. Ideal for both beginners and seasoned investors, this platform simplifies the transaction process while ensuring your digital assets' safety. Setting the Stage: Ensuring Your Account is Ready Before initiating a cash-out, you must verify your account. This involves completing the Know Your Customer (KYC) checks and linking your bank account or PayPal. These steps are crucial, as they ensure your transactions are both secure and compliant with financial regulations. Account Verification: Ensure your Coinbase account is verified. This typically involves uploading an ID document and possibly completing further identity verification steps. Linking Your Payment Method: Connect your preferred cash-out method, whether it be a bank account, debit card, or PayPal. Navigate to the "Settings" tab, select "Payment Methods," and add your details. Remember, linking a bank account often offers greater withdrawal limits than a debit card or PayPal. Assess Your Crypto Portfolio: Before cashing out, evaluate your crypto assets' current value against their potential future worth. Use market insights and analytics tools provided by the platform to make informed decisions. The Cashing Out Process With your account configured, you’re ready to convert your crypto assets into cash. Here's how you can efficiently execute this: Initiate a Sell Request: Log in to your Coinbase account. Navigate to the "Trade" section. Select "Sell" and choose the cryptocurrency you wish to convert to cash. Decide on the Amount: Enter the amount you wish to sell. The interface will show the approximate amount of fiat currency you will receive after Coinbase's standard fees. Review and Confirm the Transaction: Double-check all details. Confirm the transaction, which deducts the crypto from your account and credits the chosen fiat currency. Transfer to Your Account: Once the transaction is processed, head to the "Portfolio" section. Choose the fiat currency wallet and select "Withdraw." Indicate the amount you want to transfer and select the payment method. Confirm your choice, after which the funds will typically reach your account in 1-5 business days, depending on your bank. Fees to Consider Every crypto exchange charges fees, and Coinbase is no different. Understanding these fees and structuring your transactions accordingly can save you significant amounts of money. Coinbase Fee: A standard fee charged per transaction. Pricing Tier Fee: Based on your transaction amount, differing percentages are applied. Consider these factors for cost-efficient transfers and adjust your cash-out strategy accordingly. Whether it be by timing conversions during lower fee structures or bundling larger transactions for reduced percentage fees, every bit helps. Enhancing Security: Best Practices Cryptocurrency is the digital gold of modern times, malign involvement, and cyber theft remain threats. Here’s how you can ensure your transactions and account remain secure: Two-Factor Authentication (2FA): Activate 2FA to add an extra layer of protection. This security measure requires a second form of identification beyond the usual password process. Secure Password Management: Use strong, unique passwords that include multiple character types and are not easily guessed. Tools like password managers can keep them safely stored. Regular Security Reviews: Regularly update your account recovery information and security settings. Vigilance can avert potential breaches. Conclusion: Deriving Maximum Value Cryptocurrency has redefined finance, attracting a diverse portfolio of investors. Realizing your profits in fiat currency represents a pivotal step in this investment journey. Cashing out on Coinbase needn’t be intimidating. With clear understanding and application of the steps detailed here, combined with constant vigilance on security, you can confidently manage your crypto conversions. Stay informed, plan strategically, and maximize your crypto investments. Platforms like Coinbase and tools such as Bitget Exchange for trading and Bitget Wallet for secure storage are integral in ensuring you achieve your financial goals. Embrace the future with full knowledge and reap the rewards of your diligence in the ever-evolving world of cryptocurrency investing.

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You can sell and cash out (withdraw) crypto on Coinbase Wallet in supported countries. You can either use a payment method on your Coinbase account or a third party. Sell and Cash out crypto to your Coinbase.com payment method There are two options for trading Crypto for cash: Cash out crypto to ACH bank on Coinbase.com (US only). Sell crypto to your cash balance (e.g. USD balance). Here are the steps: On the Assets tab, select Cashout. Connect your Coinbase Wallet to your Coinbase.com account if you have not done so already. Select the payment method you want to cash out to. Enter the amount and select which asset you’d like to cash out. Select Continue to view the confirmation page details. You can complete the transaction by selecting Confirm. For a sell to your local currency balance, your Coinbase account will show an incoming transaction crediting your cash balance. For a cashout, your Coinbase.com account will show two transactions: the incoming transaction from your wallet; and the subsequent outgoing transaction to your bank account. Cash out crypto using a third-party provider You can use a third-party provider to cash out crypto in 80+ countries. On the Assets tab, select Cashout. From the tray, select a provider that you would like to Cash out with. Complete steps with the third-party payment provider. Confirm and place the transaction. Options to cash out crypto from Coinbase Wallet Cash out with Available geo(s) Payment methods Fees Coinbase.com US, EU, SG, AU, CA, BR Cash balance on Coinbase.com US only: ACH 2–3% 3P onramp providers APAC, Latam, Africa and others We offer various local payment methods in international markets. You can see the full list by clicking into the Cash out flow 2–5% *Fees are estimates and subject to change based on market trends and the third-party onramp providers. Please rely on the in-product experience for the most accurate fees.

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If you have ever purchased any type of cryptos on Coinbase, you might wonder how to convert them into cash. And there are a few ways, depending on your situation. You could have had some good profits or you could be in bad times, looking to relocate your financial resources. But it doesn’t stop here. Coinbase has now teased the launch of its very own wrapped Bitcoin, cbBTC, and added Gravity (G) to its platform, derived from the Galxe (GAL) token. These new features and trading options create even more ways for diversification, leveraging your crypto holdings, or simply having a look around at what is new on the platform. Before you get started: Add and Verify Your Bank Account: To withdraw money from that Coinbase account, you will need to add a bank account and verify it; otherwise, you won’t be able to withdraw money. Convert Cryptocurrency to Fiat: You can’t transfer cryptocurrency to a bank account directly. First, you have to sell the cryptocurrency and convert it into ordinary money; only then will you be able to withdraw it into a bank account. 1. Open the Coinbase App Simply tap on the Coinbase app. The logo is blue and white, so you really can’t miss it unless you intentionally hide it in a folder somewhere on your iPhone. 2: Proceed to Your Assets Once the app opens, the default redirection lands you on the home screen. To begin the process of withdrawal, tap the “Assets” tab, which appears on the bottom left of your screen. It contains a list of all types of cryptocurrency assets you hold at that time.. 3: Sell Cryptocurrency You will have to sell some cryptocurrencies to withdraw the money. This is how you go about it: Cryptocurrency: Select the cryptocurrency you would want to sell. Click it from the list of the cryptocurrencies in your assets. Let’s assume you want to withdraw in Bitcoin; click on Bitcoin from your list. Click ‘Trade’: Once you have clicked the cryptocurrency you are trading with, you will have to click on the “Trade” button. Sell to Cash: You will see “Sell [Cryptocurrency] for Cash.” Click that. Amount: Enter how much cryptocurrency you would like to sell. You can also enter an amount to sell—or sell your total amount of that currency. Preview and Confirm the Sale: Click “Preview Sell” to go over the transaction details. If you are content with the details, confirm the sale by clicking “Sell Now”. Coinbase will now sell the cryptocurrency for fiat money and deposit it into your cash balance. 4: Withdraw to Your Bank Account Once you have the fiat balance in your Coinbase account, you will now have to withdraw it to your bank account. Click ‘More‘: Go back to the main menu and click the three tiny dots that say “More.” Click ‘Cash Out’ Option: Of the options you have opened, now click “Cash Out.” Withdraw Amount: An area will now open. You have to type the amount you wish to withdraw from your Coinbase account to your bank account. Bank Account Selection: Proceed to which bank account your funds are transferring to. Make sure you choose the correct one if you have more than one account connected. Withdrawal Speed Selection: You have the choice between an instant transfer and a normal transfer. There are small coinbase withdrawal charges associated with instant transfers to speed up the process of getting the cash to you. Review and Confirm: If everything is in order, tap “Preview Cash Out” to check details, and then tap “Cash Out Now” to finalize the process. 5: Confirm and Track After the successful transaction, a confirmation page will appear indicating the submission of the cash-out request. Also, Coinbase sends an email to confirm the transaction and provides an estimated time for when they will most likely post the transaction on your bank account. You can monitor your withdrawal status by logging in to your Coinbase account and accessing the ‘Assets’ or ‘Account’ tab. Following the speed you selected for the transfer, the funds are then forwarded to your bank. Coinbase Withdrawal Fees You have to be aware of the fees you might be levied while conducting a withdrawal on the Coinbase platform. The overview is attached here: Coinbase Withdraw to Bank Account: An immediate bank account withdrawal via a debit card might be subject to a cost. The cost depends on the region you are from and the amount that has been withdrawn. Standard Withdrawals: The majority of them come at no cost, although they will be processed within one to three business days. The majority of them are processed within one to three business days at no cost. The Conversion Fees: When you are converting your cryptocurrency to fiat and you sell it, Coinbase takes a small fee for the transaction. This is always included in the ‘preview’ screen before completing your sale. Always remember to check their fee schedule, these fees can change at any time. Conclusion With this information, cashing out from Coinbase is well-spelled out and straightforward. So whether you’re cashing out to enjoy the fruits of hard-earned money or just transacting to change the form of your funds, follow this guideline to make sure that all your dealings are smooth and secure. Always cross-check with all details before validating any transaction, but more importantly, choose the correct withdrawal method that serves the purpose. Instead, if you are using Binance and you want to withdraw money from there, then we have also got a step-by-step guide on how to withdraw money from Binance. Happy Trading! FAQs – Frequently Asked Questions Can I withdraw cryptocurrency directly to my bank account? No, you cannot withdraw cryptocurrency directly to your bank account. You must first sell the cryptocurrency for fiat currency, which can then be withdrawn. How long does it take to withdraw money from Coinbase? The time it takes depends on the withdrawal method. Instant withdrawals to a debit card are immediate but come with a fee. Standard bank transfers take one to three business days and are typically free. What are the fees for withdrawing from Coinbase? Fees vary depending on the withdrawal method. Instant withdrawals usually have a fee, while standard withdrawals are generally free. There are also fees for converting cryptocurrency to fiat. Why can’t I withdraw from my Coinbase account? You might not have added and verified a bank account, or you may not have converted your cryptocurrency to fiat currency. Ensure both steps are completed before attempting a withdrawal. Can I cancel a withdrawal on Coinbase? Once a withdrawal has been initiated and confirmed, it typically cannot be canceled. Ensure all details are correct before confirming your withdrawal.

Wondering how to cash out on Coinbase? The process is fairly straightforward, but you’ll need a verified account. Here’s how to withdraw from Coinbase both on desktop and mobile. This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services. How to withdraw money from Coinbase You can withdraw currency directly to your bank account from either the Coinbase app or website. Please note you’ll first need to convert your funds into your local currency before submitting a withdrawal. piggy bank iconOn the Coinbase website (desktop app): Log in to your Coinbase account Click My Assets Choose your currency Click Cash out and enter the amount you want to withdraw Click Continue and select the account you want to withdraw to Click Continue and check that the details are correct Click Cash out now to submit the withdrawal phone iconOn the Coinbase mobile app: Tap My assets and select Cash out Enter the amount you want to withdraw Tap Cash out from to select which balance to withdraw from Tap Deposit to to choose where to withdraw the money Tap Preview cash out and check the details are correct Tap Cash out now to submit the withdrawal Depending on the method you use to withdraw, you may need to pay a withdrawal fee, especially if you select the “Instant cash out” option. debit credit card iconOn the Coinbase wallet: The Coinbase wallet is a standalone non-custodial hot wallet that works separately from your Coinbase exchange account. As such, the steps for cashing out on the wallet are different to cashing out on desktop or mobile. Here’s how to withdraw money from Coinbase wallet. Select Send on the on the Payments tab Choose the asset and amount you want to send Select Send and enter the recipient address, Ethereum Name Service (ENS) or web3 username. If you’re using the Coinbase Wallet mobile app, you can scan the recipient’s QR code instead. Review and confirm the details To withdraw from Coinbase wallet to a bank account, you’ll need to transfer your crypto to an exchange, convert it to fiat currency and transfer it to a bank account linked to your exchange account. How to withdraw crypto from Coinbase Log in to your Coinbase account and then select Portfolios Choose a specific portfolio and select Withdraw Find and select the crypto you want to withdraw Select your withdrawal method Add the withdrawal address in the To field and select the network you wish to use, if applicable Enter the amount you want to withdraw Review the transaction and then hit Withdraw to confirm the transaction If you have 2FA enabled, you may need to complete the verification before you can submit the withdrawal Before submitting the withdrawal, make sure you’ve checked that the withdrawal address is correct and that it supports transactions from the selected network. Where can I withdraw my crypto from Coinbase to? You should be able to withdraw your crypto to any valid wallet address, including: A hardware wallet like a Ledger or Trezor A software wallet like Exodus or MetaMask Another crypto exchange (some exchanges even offer bonuses when you deposit crypto or open an account) Please make sure that the wallet address you’re sending your crypto to supports the coin and network you’re trying to send. If not, you may lose your funds.

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Follow the steps to complete the account verification process: o Confirm your email o Link and verify a bank account o Add and verify a credit/debit card o Upload identity verification documents, if prompted Once verified, your receiving limit will be lifted, allowing you to accept unlimited payments. PayPal Limits Receiving Money Unverified Unverified users are restricted from receiving more than $500 per month. These limitations are imposed to prevent fraud and ensure compliance with anti-money laundering regulations. To lift the receiving limit, verification is mandatory. PayPal requires users to: · Confirm contact information · Verify a financial institution · Submit a government-issued ID, if requested Once verified, the limit is removed or increased based on your transaction behavior and account history. Conclusion Understanding your PayPal monthly limit is essential for managing both personal and business transactions. 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Coinbase is one of the most trusted cryptocurrency platforms globally. However, withdrawing your funds—whether in fiat currency or crypto—can sometimes be challenging due to holding periods, bank issues, or platform restrictions. In this article, we cover everything from how to get your money back from Coinbase, to how to sell directly from Coinbase Wallet, and how to avoid Coinbase holding periods. If you're dealing with large amounts, such as how to withdraw $1 million on Coinbase, we've got you covered too. How Do I Get My Money Back from Coinbase? To get your money back from Coinbase, follow these steps: 1. Login to your Coinbase account. 2. Go to the Assets section. 3. Choose the cryptocurrency or fiat balance you want to withdraw. 4. Click Cash Out or Withdraw. 5. Select your bank account or payment method. 6. Enter the amount. 7. Confirm the withdrawal. If the funds are held, it’s likely due to a Coinbase holding period, which we’ll explain below. How to Avoid Coinbase Holding Period? Coinbase often applies a holding period of 3–5 business days on fiat purchases before you can withdraw funds. Here’s how to avoid the Coinbase holding period: Use a Wire Transfer instead of an ACH bank transfer. Fund your account using crypto instead of fiat. Buy crypto using your Coinbase USD wallet balance, if available. Opt for Coinbase Pro (now part of Advanced Trade) where holds may be less restrictive. Verify your account fully with all identity documents. Maintain a long-term trustworthy transaction history. Avoiding the holding period speeds up how to withdraw money from Coinbase significantly. Can I Withdraw USDC from Coinbase to My Bank Account? Yes, you can. Here’s how to withdraw USDC from Coinbase to your bank account: 1. Convert USDC to USD by selling it on the Trade page. 2. Go to Assets → USD → Cash Out. 3. Select your linked bank account. 4. Enter the desired amount. 5. Confirm the transaction. Currently, Coinbase doesn’t allow direct fiat withdrawals of USDC, but converting it to USD first makes the withdrawal possible. Can I Sell Directly from Coinbase Wallet? Coinbase Wallet is a self-custody wallet, meaning it doesn’t offer direct sell-to-bank features. But here’s how to sell directly from Coinbase Wallet: 1. Transfer the crypto from Coinbase Wallet to Coinbase.com: o Open the Coinbase Wallet app. o Tap Send and enter the Coinbase.com wallet address. 2. Once the funds are in your Coinbase account, go to Trade → Sell. 3. Sell the crypto for fiat (USD, EUR, etc.). 4. Withdraw the fiat to your bank. There is currently no direct bank withdrawal option from Coinbase Wallet. Why is Coinbase Cancelling My Cash Out? Your Coinbase cash-out may be cancelled due to: Insufficient balance or asset value changed during the process. Unverified payment method or identity. Flagged transactions or suspicious activity. Attempting to withdraw during the holding period. Banking errors such as closed or unsupported accounts. To prevent cancellations: Keep your account fully verified. Use consistent, verified payment methods. Check for holds on your assets. How Do I Get My Money Out of Coinbase Wallet? To withdraw money from Coinbase Wallet, follow these steps: 1. Transfer crypto to Coinbase.com: o Tap Send in the Coinbase Wallet app. o Use your Coinbase.com deposit address. 2. Once received on Coinbase.com, convert to fiat using the Sell feature. 3. Go to Assets → Cash Out, and choose your bank. 4. Withdraw the fiat amount. This is the most secure and supported way to get money out of Coinbase Wallet. Can You Cash Out $1 Million on Coinbase? Yes, but there are key requirements for withdrawing 1 million on Coinbase: High withdrawal limits: You must request a limit increase through Coinbase support. Fully verified account: ID verification, address proof, and possibly source of funds documents. Use wire transfers: Most banks won’t support ACH transfers of such a large amount. Bank coordination: Notify your bank before receiving large crypto-to-fiat transfers. For high net-worth clients, Coinbase Prime or Coinbase Institutional services may be better suited. How to Withdraw Money on Coinbase To withdraw money on Coinbase, follow this universal method: 1. Log in to your Coinbase account. 2. Navigate to Assets. 3. Select the asset (USD, BTC, ETH, etc.). 4. Choose Cash Out or Send, depending on your needs. 5. If fiat, select bank or card. 6. Confirm the transaction. This applies whether you’re cashing out crypto or USD. How to Transfer Crypto from Robinhood to Coinbase Here’s how to transfer crypto from Robinhood to Coinbase: ⚠️ Note: Only certain cryptocurrencies are transferable out of Robinhood. 1. Open Robinhood and select the crypto you want to send. 2. Tap Send → External Wallet. 3. Paste your Coinbase crypto deposit address. 4. Confirm the transfer. You can find your Coinbase wallet address by going to: Assets → Receive → Select Crypto. This method also helps you consolidate assets before withdrawing to a bank. How to Transfer from Coinbase to Bank To transfer from Coinbase to your bank account: 1. Convert any crypto to USD. 2. Navigate to Assets → USD → Cash Out. 3. Select your linked bank account. 4. Enter the amount. 5. Confirm the withdrawal. ACH takes 1–5 business days. For instant withdrawals, use a debit card or PayPal (if supported in your region). How to Transfer from Coinbase to Robinhood Robinhood only supports crypto deposits from external wallets, not fiat. Here’s how: 1. Open Coinbase and select the crypto. 2. Tap Send, then paste your Robinhood wallet address. 3. Confirm the transaction. Make sure Robinhood supports the crypto before initiating. How to Transfer from Coinbase Wallet to Bank Account To transfer from Coinbase Wallet to your bank, follow this process: 1. Send crypto from Coinbase Wallet to Coinbase.com. 2. Convert crypto to fiat on Coinbase. 3. Go to Assets → Cash Out and select your bank. 4. Withdraw the funds. There is no direct fiat off-ramp from Coinbase Wallet itself. How to Transfer Money from Coinbase to Coinbase Wallet Transferring funds from Coinbase to Coinbase Wallet is easy: 1. Open Coinbase app → Assets. 2. Select the crypto to send. 3. Tap Send and choose Coinbase Wallet as the destination. 4. Confirm the transaction. You’ll need the Coinbase Wallet app installed and linked to your Coinbase account. FAQ 1. How do I get my money back from Coinbase? To get your money back from Coinbase: · Sell your crypto to convert it into your local currency (e.g., USD, INR). · Go to your Assets → Select the currency (e.g., USD). · Click Cash Out → Choose your bank account or payment method. · Enter the amount and confirm the transaction. 2. How to avoid Coinbase holding period? Coinbase may impose a holding period (up to several days) when you buy crypto with fiat. To avoid it: · Use wire transfers instead of debit/credit cards. · Use funds already available in your Coinbase account. · Verify your account fully and build a strong transaction history to reduce restrictions. 3. Can I withdraw USDC from Coinbase to my bank account? No, you cannot directly withdraw USDC (USD Coin) to a bank account. You must first: · Convert USDC to your local currency (e.g., USD). · Then withdraw the cash to your bank via ACH, wire transfer, or other supported methods. 4. How to withdraw USDC from Coinbase to my bank account? Steps: 1. Go to Assets → USDC. 2. Select Convert → USDC to USD. 3. Once converted, go to your USD balance. 4. Tap Withdraw / Cash Out, select your bank, and confirm. 5. Can I sell directly from Coinbase Wallet? No, you cannot sell crypto directly from Coinbase Wallet to a bank account or fiat. You must: · Transfer the crypto from Coinbase Wallet to Coinbase exchange. · Then sell it on Coinbase and withdraw the funds. 6. How to sell directly from Coinbase Wallet? To sell assets from Coinbase Wallet: 1. Transfer tokens to your Coinbase.com account. 2. On Coinbase, sell the crypto for fiat currency. 3. Withdraw to your bank. 7. Why is Coinbase cancelling my cash out? Possible reasons: · Unverified identity or payment method. · Pending bank issues or restrictions. · Fraud prevention measures or flagged transactions. · You’re trying to withdraw before the hold period ends. Check your email or account notifications for specific details. 8. How do I get my money out of Coinbase Wallet? To get funds out: 1. Open Coinbase Wallet → Tap Send. 2. Enter the recipient (your Coinbase.com wallet address). 3. Select the crypto and confirm the transaction. 4. On Coinbase, sell the crypto and withdraw to your bank. 9. Can you cash out 1 million on Coinbase? Yes, but with conditions: · You must have a fully verified account. · You may need to complete additional identity checks. · Use wire transfers for large withdrawals. · Contact Coinbase Support for high-volume account assistance. 10. How to withdraw 1 million on Coinbase? Steps: 1. Sell your crypto and convert to USD. 2. Use wire transfer for large withdrawals. 3. Consider breaking it into multiple smaller withdrawals. 4. Contact Coinbase for high-limit processing. 11. How do I withdraw money from Coinbase? Steps: · Go to Assets → Choose currency (USD, EUR, etc.). · Tap Cash Out or Withdraw. · Choose your bank or PayPal account. · Enter amount → Confirm withdrawal. 12. How to withdraw money on Coinbase? Same as above: 1. Sell your crypto. 2. Go to your fiat balance. 3. Select Withdraw → Choose destination. 4. Confirm transfer. 13. How to withdraw money from Coinbase. You must: · Convert crypto to fiat. · Then withdraw to your linked bank account or card. · You can’t directly withdraw crypto to a bank. 14. How to transfer crypto from Robinhood to Coinbase? Robinhood does not support crypto transfers to external wallets for most users. Instead: 1. Sell the crypto on Robinhood. 2. Withdraw funds to your bank. 3. Deposit to Coinbase and rebuy the crypto. 15. How to transfer from Coinbase to bank? 1. Sell crypto to convert it to fiat. 2. Go to your fiat (e.g., USD) balance. 3. Tap Cash Out → Select your bank account. 4. Confirm and wait for the transfer (1–3 days). 16. How to transfer from Coinbase to Robinhood? Since crypto transfer from Coinbase to Robinhood isn’t supported: 1. Sell crypto on Coinbase → Withdraw to your bank. 2. Deposit that money into Robinhood. 3. Buy the asset again if needed. 17. How to transfer from Coinbase Wallet to bank account? 1. Send crypto from Coinbase Wallet to Coinbase.com. 2. On Coinbase, sell crypto → Get fiat. 3. Go to fiat balance → Tap Withdraw. 4. Select your bank → Confirm. 18. How to transfer money from Coinbase to Coinbase Wallet? Steps: 1. Go to Coinbase.com → Tap Send. 2. Enter your Coinbase Wallet address or scan QR code. 3. Select the crypto and amount. 4. Confirm the transfer.