HELP >> +1(903) 375-0186 Coinbase Withdrawal Problems: How to Fix and Get Paid

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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.