Coinbase was founded in 2012 as a place to send and receive Bitcoin. Since then, the company has grown to support dozens of unique cryptocurrencies and has users in more than 100 countries. Coinbase runs two separate trading platforms (Coinbase and Coinbase Pro) in addition to a standalone cryptocurrency wallet service (Coinbase Wallet).
How to Withdraw Funds from Coinbase
Coinbase serves millions of people all over the world. It offers multiple services, such as trading, selling, buying, storing, and stacking crypto, regardless of whether you are an institutional or a retail investor.
The Coinbase App user interface for the web and mobile platforms is, generally, intuitive. They can, however, get a little tricky when it comes to withdrawing funds from your Coinbase account. In order to withdraw funds from Coinbase, you will have to go through the following steps:
Crypto to Fiat Conversion
Withdraw Your Fiat Balance
At first glance, these steps might seem complicated, but they’re, really, very simple. Read on to learn more about each of these step
How to Add a Payment Method to Coinbase
Adding a payment method to Coinbase Pro is pretty easy. All you have to do is:
Click on your profile picture at the top-right of the screen
Navigate to your “Settings” in the dropdown menu
Go to the “Payment Methods” tab
Click the “Link a New Account” button
After you click the “Link a New Account” button, a dialogue box will pop up on your screen, showing you which payment methods are available. Pick your preferred payment method from the available options and follow the instructions given in the dialogue box.
The most common methods will include the ability to add a:
Bank account
PayPal account
Credit/ Debit card
The availability of some options may be limited by your location. For instance, a PayPal account may only be added in regions where PayPal is available. Similarly, your bank account and your credit or debit card may have restrictions.
Please note that the payment methods available to you will depend on your location.
To finalize the addition of the payment method, Coinbase Login will require you to verify the account and may charge a small fee. Once verified, the new account will be included in the payment options list and you can use it to withdraw funds in the future.
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