Start investing in cryptocurrency: Binance register
Want to turn your crypto into cash? Here’s a step-by-step guide on how to cash out from your Coinbase Wallet. Let’s get started!
Step 1: Open Coinbase Wallet
- Launch your Coinbase Wallet app on your phone.
- Make sure you’re logged into the correct wallet where your crypto is stored.
Step 2: Transfer Crypto to Coinbase (If Needed)
If your crypto is still in the wallet and not on Coinbase, you need to move it.
- Open Coinbase Wallet and click on Send.
- Enter the amount of crypto you want to transfer.
- Paste your Coinbase wallet address (you can find this on the Coinbase website/app under Receive).
- Confirm the transaction.
Step 3: Sell Your Crypto on Coinbase
Once the crypto is in your Coinbase account:
- Open the Coinbase app or website.
- Go to your Portfolio and select the crypto you want to sell.
- Tap Sell and enter the amount you want to convert into cash.
- Choose the payment method (e.g., bank transfer, PayPal).
Step 4: Cash Out to Your Bank
After selling your crypto for USD or another currency:
- Choose the Withdraw option on Coinbase.
- Select your bank account or preferred withdrawal method.
- Enter the amount you want to transfer to your bank and confirm the transaction.
Step 5: Wait for the Transfer
Depending on your payment method, it might take anywhere from a few minutes to a couple of days for the cash to show up in your bank account.