How to Withdraw Money from Coinbase Instantly

by Ashley Nicole Crypto Customer Care

Coinbase is one of the most popular cryptocurrency exchanges in the world, offering users the ability to buy, sell, and trade a variety of digital assets. But what happens when you want to cash out and withdraw your funds? In this article, we’ll explore the various methods you can use to withdraw money from Coinbase instantly.

Heading 1: Understanding Withdrawals on Coinbase

Before we dive into the specifics of how to withdraw money from Coinbase instantly, it’s important to understand the basics of withdrawals on the platform. Coinbase allows you to withdraw funds to your bank account, PayPal account, or through a cryptocurrency wallet. Depending on the method you choose, the time it takes for your funds to become available can vary.

Heading 2: Instant Withdrawals

Instant withdrawals are the fastest way to get your money off of Coinbase and into your bank account or PayPal account. With instant withdrawals, you can receive your funds within minutes, rather than waiting for several business days. However, there are some limitations to using this method, which we’ll discuss in the next section.

Heading 3: Limitations on Instant Withdrawals

Instant withdrawals are not available for all users and all payment methods. To be eligible for instant withdrawals, you must have a verified Coinbase account and have completed a successful purchase of digital assets on the platform. Additionally, only certain banks and PayPal accounts are eligible for instant withdrawals.

Heading 4: How to Withdraw Money from Coinbase Instantly

To withdraw money from Coinbase instantly, follow these steps:

Choose the payment method you want to use (bank account, PayPal, or cryptocurrency wallet).

Enter the amount you want to withdraw and select “Instant” as the withdrawal speed (if available).

Confirm your transaction and wait for the funds to appear in your account.

Heading 5: Bank Account Withdrawals

If you’re not eligible for instant withdrawals or you don’t mind waiting a few business days for your funds to become available, you can choose to withdraw to your bank account. To do this, follow these steps:

Choose your bank account as the payment method.

Enter the amount you want to withdraw and select “Standard” as the withdrawal speed.

Confirm your transaction and wait for the funds to appear in your account.

Heading 6: PayPal Withdrawals

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

Choose PayPal as the payment method.

Enter the amount you want to withdraw and select “Instant” as the withdrawal speed (if available).

Confirm your transaction and wait for the funds to appear in your PayPal account.

Heading 7: Cryptocurrency Wallet Withdrawals

If you’d rather withdraw your funds to a cryptocurrency wallet, follow these steps:

Choose your cryptocurrency wallet as the payment method.

Enter the amount you want to withdraw and select “Standard” as the withdrawal speed.

Confirm your transaction and wait for the funds to appear in your wallet.

Heading 8: Fees for Withdrawals on Coinbase

There are fees associated with withdrawals on Coinbase, which can vary depending on the payment method you choose. Bank account withdrawals typically have a fee of 1.49%, while PayPal withdrawals have a fee of 2.99%. Cryptocurrency wallet withdrawals vary based on the network fee for the specific asset you’re