Being a leading Bitcoin trading platform Coinbase allows its users to withdraw Bitcoin to bank accounts too. Residents of both EU and the US can receive money for selling BTC to their bank accounts, but it is performed using two different methods: SEPA for EU (takes up to 2 days), and ACH transfer for the US (takes up to 5 days). Step 6 – Go to the ‘Portfolio’. When you are in the portfolio section, click on your fiat wallet.
- Will Coinbase Support Bitcoin Gold
- Coinbase Bitcoin Cash Withdrawal Calculator
- Does Coinbase Support Bitcoin Cash
- Coinbase Bitcoin Cash Withdrawal Limit
Instant Card Withdrawals allow eligible Coinbase customers to instantly withdraw money from their fiat wallets directly to their Visa Fast Funds enabled credit and debit cards.
Please note that US customers can only link Visa Fast Funds or MasterCard Send enabled debit cards (Visa Fast Funds and MasterCard Send are card functionalities that allow real-time transaction processing).
MasterCard withdrawals are not supported for the EU or UK at this time.
Am I eligible?
In order to be eligible for Instant Card Withdrawals, you must:
Live in the UK, EU, or US
Have a verified and linked credit/debit card on Coinbase.com that is Visa Fast Funds or MasterCard Send enabled by your card issuer
Have a GBP, Euro, or USD wallet on Coinbase.com
How does it work?
There are only a few steps to instantly withdraw from your GBP, Euro, or USD wallet.
Ensure you have money in your GBP, Euro, or USD wallet (you may need to sell crypto)
In your GBP, Euro, or USD wallet, select the withdraw button
Choose your linked card from the menu as the withdrawal option
If you don't have any cards linked to your Coinbase account, see these help articles for UK customers, EU customers, and US customers.
How long do Instant Card Withdrawals take?
In most cases your withdrawal will post to your account within 30 minutes, however processing can take up to 24 hours.
Do Instant Card Withdrawals work for all cards?
No, not all card providers allow Instant Card Withdrawals on their platform. If you don't see your card listed as an option, this means your card does not allow this feature. Card eligibility requirements are created by your bank or card provider—please contact them for more information about providing Visa Fast Funds or MasterCard Send for your card.
Are there fees or minimums?
For UK or EU customers:
The Instant Card Withdrawal transaction fee of up to 2% of any transaction and a minimum fee of £0.55 or €0.55.
The minimum withdrawal amount must be greater than the fee of £0.55 or €0.55.
For US customers:
The Instant Card Withdrawal transaction fee of up to 1.5% of any transaction and a minimum fee of $0.55.
The minimum withdrawal amount must be greater than the fee of $0.55.
Can I sell crypto directly to my card?
No, you must first sell your crypto to your GBP, Euro, or USD wallet. After you have money in your GBP, Euro, or USD wallet, you can withdraw to your card.
Are there limits?
There are no Coinbase limits for Instant Card Withdrawals, but your card may have limits. Check with your card provider if you don't know how much you can instantly withdraw to your debit card.
How is my card data secured?
Card data is securely transferred and hosted off-site by payment vendors. You can read about our data policy here.
August 3, 2017: Update on Bitcoin Cash
July 27, 2017: Update for customers with Bitcoin stored on Coinbase
Do I need to withdraw my BTC from Coinbase?
The UAHF will functionally create two different versions of Bitcoin. In contrast, the UASF will likely not create another version of Bitcoin. However, the UASF may initially cause instability on the Bitcoin network. To ensure the safety of customers' funds, we will temporarily suspend BTC deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork. If:
(a) you wish to access your coins on the UAHF chain, or
(b) you want to ensure you can access your funds immediately while the UAHF/UASF forks are happening, you should withdraw your BTC from Coinbase to an external wallet address under your control by July 31.
Is there any risk to simply leaving my BTC in Coinbase during this event?
No, there is no risk to your existing funds. Leaving BTC in your Coinbase wallet will not change anything about your BTC. However, you should move your BTC off Coinbase if you would like access to coins on the new UAHF chain.
If I leave my BTC in Coinbase during the UAHF/UASF, will my BTC turn into the new version, or stay as the old version?
The UAHF is incompatible with the current Bitcoin protocol and will create a separate blockchain. Should the UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin. Any BTC within customers' accounts will remain accessible over the main blockchain only, and will not be converted into BTC on the UAHF chain.
The UASF will not alter any customer funds which are stored in Coinbase.
Does this affect funds stored on GDAX as well?
Yes, this affects BTC stored on both Coinbase and GDAX.
What is the UAHF? What is the UASF? What is Segregated Witness?
There are two major upcoming proposals that will affect the Bitcoin protocol and network. These are known as the UAHF and UASF.
The current User Activated Hard Fork (UAHF), including BitcoinABC, is a proposal to alter the Bitcoin protocol by creating a new version of the Bitcoin software, which will operate on its own, separate blockchain.
In contrast, the User Activated Soft Fork (UASF), also known as BIP148, is a proposal to alter the Bitcoin protocol by merging new features into the Bitcoin software, but continue using the same existing blockchain. The proposed features for the upcoming UASF include Segregated Witness, a technology designed to increase the amount of transactions that can be made over the Bitcoin network, and increase the security of the network.
When will the UAHF happen? When will the UASF happen?
The UAHF is scheduled to activate on approximately August 1, 2017. The UASF is scheduled to activate at approximately the same time as the UAHF.
Will Coinbase eventually support withdrawals for the UAHF version of Bitcoin?
We do not plan to offer support for the UAHF chain at this time. You will not be able to withdraw the UAHF version of any Bitcoin from Coinbase. Although we have no plans to support additional blockchains at this time, we will continue to monitor UAHF developments.
Can you recommend which wallet software I should use if I want to withdraw my Bitcoin?
While we cannot recommend any particular third-party wallet, a helpful list of wallet options is available here: https://bitcoin.org/en/choose-your-wallet
Will Coinbase Support Bitcoin Gold
Does Coinbase support the UAHF? What about the UASF?
Coinbase Bitcoin Cash Withdrawal Calculator
We support the growth and scaling of the Bitcoin network. Although we have no plans to support additional blockchains at this time, we will continue to monitor UAHF/UASF developments.
Does Coinbase Support Bitcoin Cash
Will Coinbase keep UAHF coins for itself?
No.
Coinbase Bitcoin Cash Withdrawal Limit
Coinbase does not intend to support or interact with the UAHF chain. If this were to change, Coinbase would make those coins available for customers to withdraw, not keep them.