How to Cash Out on Coinbase: A Complete Guide

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Coinbase is one of the most popular cryptocurrency exchanges, enabling users to buy, sell, and trade a variety of digital currencies. If you’re wondering how to cash out on Coinbase, this guide will walk you through several methods for converting your crypto holdings into cash and withdrawing them to your bank account, PayPal, or other platforms.

1. How to Cash Out from Coinbase to Bank Account

To cash out from Coinbase to your bank account, follow these steps:

  1. Log in to your Coinbase account.
  2. Go to the Assets tab and select the cryptocurrency you want to cash out.
  3. Click on Sell to convert your crypto into fiat (USD, EUR, etc.).
  4. After selling, navigate to the Portfolio section and select your fiat currency.
  5. Click on Withdraw, then choose your bank account.
  6. Enter the amount you wish to withdraw and confirm the transaction.

Your funds will be transferred to your linked bank account. The process typically takes a few business days depending on your bank’s policies.

2. How to Withdraw Funds from Coinbase to PayPal

If you prefer to withdraw your funds to PayPal, you can follow these simple steps:

  1. Log in to Coinbase and go to the Assets tab.
  2. Select the cryptocurrency you wish to cash out.
  3. Click Sell and convert the crypto to fiat.
  4. Navigate to the Portfolio section, then click Withdraw.
  5. Select PayPal as your withdrawal method and enter your PayPal account details.
  6. Confirm the transaction and withdraw your funds.

Note that PayPal withdrawals are typically faster than bank transfers, often completing within minutes.

3. How to Transfer Crypto to Fiat on Coinbase

To cash out your cryptocurrency and convert it into fiat currency (such as USD), you need to sell your crypto on Coinbase. Here’s how:

  1. Select the cryptocurrency in your Coinbase wallet.
  2. Click on Sell and choose the amount you wish to sell.
  3. Pick your fiat currency as the payout method.
  4. Confirm the sale, and your funds will be available in your fiat wallet.

Once your funds are in fiat, you can withdraw them to your linked bank account or PayPal.

4. How to Cash Out Bitcoin on Coinbase

Cash out your Bitcoin on Coinbase by following these simple steps:

  1. Navigate to your Coinbase wallet and select Bitcoin.
  2. Click on Sell to convert your Bitcoin to USD or other fiat currencies.
  3. Choose how you want to withdraw the funds—either to a bank account or PayPal.
  4. Complete the transaction and wait for the funds to appear in your account.

5. How to Cash Out USDT on Coinbase

To cash out USDT (Tether) on Coinbase, the process is similar to other cryptocurrencies:

  1. Go to your Coinbase account and select USDT.
  2. Click on Sell to convert USDT into fiat currency.
  3. Choose your withdrawal method (bank transfer or PayPal).
  4. Enter the withdrawal amount and confirm the transaction.

6. How to Withdraw Cash from Coinbase Wallet

If you’re using the Coinbase Wallet app, here’s how to withdraw cash:

  1. Open your Coinbase Wallet app.
  2. Select the crypto asset you want to cash out.
  3. Tap on Sell to convert it to fiat currency.
  4. Choose your linked bank account or PayPal for the withdrawal.
  5. Confirm and process the withdrawal.

It can take a few business days for the cash to arrive in your linked bank account or PayPal.

7. How to Withdraw from Coinbase to Debit Card

Withdrawing funds to a debit card is simple and quick:

  1. Log in to Coinbase and go to the Assets section.
  2. Select the fiat currency you’d like to withdraw (USD, EUR, etc.).
  3. Click Withdraw, then select Debit Card as your payment method.
  4. Confirm your transaction, and the funds will appear on your debit card within minutes.

8. How to Cash Out Ethereum on Coinbase

To cash out Ethereum on Coinbase, you’ll need to sell it for fiat currency and withdraw the funds to your bank or PayPal account:

  1. Navigate to your Coinbase wallet and select Ethereum.
  2. Click on Sell to convert Ethereum into fiat currency.
  3. Choose your withdrawal method (bank or PayPal).
  4. Confirm the transaction and wait for the funds to be processed.

9. How to Convert Crypto to USD on Coinbase and Withdraw

Once you’ve converted your crypto to USD, follow these steps to withdraw:

  1. Log in to Coinbase and select the crypto asset you wish to sell.
  2. Click Sell and convert your crypto to USD.
  3. Go to your Portfolio and select USD.
  4. Click Withdraw, then choose your withdrawal method.
  5. Enter the amount and confirm the withdrawal.

Conclusion

Now that you know how to cash out on Coinbase, you can easily convert your cryptocurrencies into fiat and access your funds through a variety of methods like bank transfer, PayPal, or debit card. Whether you’re cashing out Bitcoin, Ethereum, or USDT, Coinbase provides a straightforward process to help you withdraw funds with ease. Make sure to check transaction fees and processing times before proceeding with any withdrawal to avoid unexpected delays.

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