!!HELP +1(903) 375-0186 How to Get Money from Coinbase Wallet to Bank Account?

Coinbase Wallet is a powerful decentralized wallet that gives users full control of their crypto assets. However, transferring funds from Coinbase Wallet to a bank account can appear confusing for beginners. In this comprehensive guide, we’ll walk you through each detailed step to withdraw money from Coinbase Wallet to your bank account, securely and efficiently.

Understanding the Difference: Coinbase vs. Coinbase Wallet

Before initiating the withdrawal, it’s essential to distinguish between Coinbase (centralized exchange) and the Coinbase Wallet (self-custodial wallet). The Coinbase Wallet is not directly connected to your bank and doesn’t support fiat currency transactions like USD, EUR, or GBP. To send money to your bank, you must first transfer crypto from Coinbase Wallet to Coinbase.com account, then convert it to fiat and withdraw to your bank account.

Step-by-Step Guide: Transfer Money from Coinbase Wallet to Bank Account

Step 1: Open Coinbase Wallet and Select the Asset

Begin by opening your Coinbase Wallet mobile app or browser extension. Choose the cryptocurrency (e.g., Bitcoin, Ethereum, USDC) that you want to transfer.

• Tap on the asset.
• Tap on the “Send” button.

Step 2: Enter Your Coinbase Account Address

Log into your Coinbase.com account using a web browser or mobile app. Navigate to “Receive” under the selected asset.

• Copy the Coinbase wallet address for the crypto you want to transfer.
• Paste this address into the “Send to” field in your Coinbase Wallet.
• Enter the amount to send and confirm the transaction.