Q&A

How do I get my money out of Coinbase wallet?

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How do I get my money out of Coinbase wallet?

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.

How do I open my Coinbase wallet backup?

To access the backup feature, tap Settings then Recovery Phrase from your Coinbase Wallet app.

Can I transfer money from my Coinbase wallet to my bank account?

Cryptocurrency exchange Coinbase is adding a new way to withdraw funds from your Coinbase account. If you’ve added a compatible debit card to your account, you can transfer USD, EUR or GBP to your bank account nearly instantly.

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How do I access Coinbase wallet on desktop?

You can now use most DApps on desktop browsers like Chrome, Safari, Brave etc. by linking your Wallet app to the DApp. If you are on a DApp that requires a wallet to proceed, look for the option to Connect Coinbase Wallet. When you select that option, you will be presented with a QR code.

Can you transfer from Coinbase to trust wallet?

To transfer crypto from Coinbase to Trust Wallet, you must first copy the crypto’s address on Trust Wallet. You can do so by tapping the “reverse” icon on Coinbase. Then, tap on “Send” and select the asset to send (e.g. Ethereum). Coinbase will then require you to enter the amount of crypto that you want to send.

What does Coinbase charge to withdraw?

What Types of Fees Does Coinbase Charge?

Payment Method for Purchase or Payout Method for Sale Effective Rate of Conversion Fee (After Waiver)
U.S. bank account 1.49\%
Coinbase USD wallet 1.49\%
Debit card buy 3.99\%
Instant card withdrawal Up to 1.5\% of any transaction and a minimum fee of $0.55
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What is the difference between Coinbase and Coinbase wallet?

Coinbase.com is a cryptocurrency brokerage where you buy or sell cryptocurrency in exchange for fiat currency. With Coinbase Wallet, the private keys (that represent ownership of the cryptocurrency) are stored directly on your device and not within a centralized exchange like Coinbase.com.

Does Coinbase wallet cost money?

Coinbase offers our USD Wallet and Hosted Cryptocurrency Wallet Service free of charge. This means we will store your USD and cryptocurrency at no cost to you. For these transactions, Coinbase will charge you a fee based on our estimate of the network transaction fees that we anticipate paying for each transaction.

How do I transfer funds on hold to my Coinbase wallet?

Funds on hold in Coinbase.com cannot be transferred to Wallet. If you didn’t receive a verification code to complete the transfer, you can troubleshoot your 2-step verification . You can link your Coinbase.com and your Coinbase Wallet to transfer crypto between your two accounts. Please be aware that senders will be charged a miner fee.

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How do I cash out cryptocurrency on Coinbase?

After selling to your Coinbase fiat wallet, you can opt to either cash out funds to your US bank account or repurchase cryptocurrency on the platform. Select Buy / Sell on a web browser or tap on the Coinbase mobile app. Select Sell. Select the crypto you want to sell and enter the amount you want to cashout.

What is the Coinbase wallet app?

The Coinbase Wallet app is a separate, standalone app that allows users to store, or custody, their own crypto, and explore the decentralized web with a dapp browser.

What is a recovery phrase in Coinbase wallet?

Coinbase Wallet is a user-controlled, non-custodial product. The app generates a 12 word recovery phrase which is what gives you, and only you, access to your account to move received funds. Coinbase will never have access to this seed, meaning that we cannot move funds on your behalf even if you lose access to your recovery phrase.