To withdraw your funds, sign in to your Coinbase Commerce account and click on the Withdraw button next to the relevant cryptocurrency in the Balances section. A window will pop up and ask how much you would like to withdraw, and where you would like these funds to go. At this time, Coinbase Commerce is a cryptocurrency-only service, meaning you can’t link your bank account directly to your Commerce. As bitcoin and other cryptocurrencies continue to become more mainstream, the demand for crypto exchanges will continue to grow. There are already a few major cryptocurrency exchanges on the market right now, but the biggest one in the U.S. However, unlike opening a brokerage account, cryptocurrency exchanges operate under their own set of unique. Step 6 – Go to the ‘Portfolio’. When you are in the portfolio section, click on your fiat wallet.
Instant Card Withdrawals allow eligible Coinbase customers to instantly withdraw money from their fiat wallets directly to their Visa Fast Funds enabled credit and debit cards.
Please note that US customers can only link Visa Fast Funds or MasterCard Send enabled debit cards (Visa Fast Funds and MasterCard Send are card functionalities that allow real-time transaction processing).
MasterCard withdrawals are not supported for the EU or UK at this time.
Am I eligible?
In order to be eligible for Instant Card Withdrawals, you must:
Live in the UK, EU, or US
Have a verified and linked credit/debit card on Coinbase.com that is Visa Fast Funds or MasterCard Send enabled by your card issuer
Have a GBP, Euro, or USD wallet on Coinbase.com
How does it work?
There are only a few steps to instantly withdraw from your GBP, Euro, or USD wallet.
How To Cash Out Coinbase Wallet
Ensure you have money in your GBP, Euro, or USD wallet (you may need to sell crypto)
In your GBP, Euro, or USD wallet, select the withdraw button
Choose your linked card from the menu as the withdrawal option
If you don't have any cards linked to your Coinbase account, see these help articles for UK customers, EU customers, and US customers.
How long do Instant Card Withdrawals take?
In most cases your withdrawal will post to your account within 30 minutes, however processing can take up to 24 hours.
Do Instant Card Withdrawals work for all cards?
No, not all card providers allow Instant Card Withdrawals on their platform. If you don't see your card listed as an option, this means your card does not allow this feature. Card eligibility requirements are created by your bank or card provider—please contact them for more information about providing Visa Fast Funds or MasterCard Send for your card.
Are there fees or minimums?
For UK or EU customers:
The Instant Card Withdrawal transaction fee of up to 2% of any transaction and a minimum fee of £0.55 or €0.55.
How To Transfer Cash Out Of Coinbase
The minimum withdrawal amount must be greater than the fee of £0.55 or €0.55.
For US customers:
The Instant Card Withdrawal transaction fee of up to 1.5% of any transaction and a minimum fee of $0.55.
The minimum withdrawal amount must be greater than the fee of $0.55.
Can I sell crypto directly to my card?
No, you must first sell your crypto to your GBP, Euro, or USD wallet. After you have money in your GBP, Euro, or USD wallet, you can withdraw to your card.
Are there limits?
There are no Coinbase limits for Instant Card Withdrawals, but your card may have limits. Check with your card provider if you don't know how much you can instantly withdraw to your debit card.
How is my card data secured?
Card data is securely transferred and hosted off-site by payment vendors. You can read about our data policy here.
How can I withdraw the funds that I've received?
To withdraw your funds, sign in to your Coinbase Commerce account and click on the Withdraw button next to the relevant cryptocurrency in the Balances section. A window will pop up and ask how much you would like to withdraw, and where you would like these funds to go.
At this time, Coinbase Commerce is a cryptocurrency-only service, meaning you can’t link your bank account directly to your Commerce account. However, you can convert your funds to USDC or withdraw them to your Coinbase account. From there can you withdraw to your linked bank account.
If you don’t have Coinbase, please visit www.coinbase.com to sign up.
Why do I have to pay a network fee to withdraw?
There is a 1% fee to convert and withdraw your crypto to fiat in addition to standard network fees.
A network fee is necessary in order to have your transaction processed by the decentralized cryptocurrency network. This fee goes to cryptocurrency miners, not Coinbase, as an incentive to secure the network and include your transaction on the blockchain.
There are a number of network-dependent factors that are used to calculate a withdrawal fee, making it difficult to predict these fees before attempting to withdraw. That being said, withdrawal fees for Bitcoin tend to be $1.00-$5.00, and fees for other cryptocurrencies tend to be under $1.00. In general, these fees will be higher when more payments are received. These fees are not Coinbase fees, as they're determined by the crypto network.
Is there a minimum amount that I have to withdraw?
Yes, but the minimum is small to ensure you always have access to your funds. These minimums fluctuate with exchange rates, but are generally under $0.10.
Is there a maximum amount that I can withdraw?
There are no maximum withdrawal limits on Coinbase Commerce—you can withdraw all funds at any point.