common-close-0
BYDFi
Trade wherever you are!

What happens to the funds when you sell on Coinbase?

avatarNJASOMO AGNESDec 28, 2021 · 3 years ago9 answers

When you sell your funds on Coinbase, what exactly happens to them? Do they go directly into your bank account or do they stay in your Coinbase account? How long does it take for the funds to be available for withdrawal?

What happens to the funds when you sell on Coinbase?

9 answers

  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency, such as USD or EUR. The converted funds are then credited to your Coinbase account. From there, you have the option to withdraw the funds to your linked bank account. The time it takes for the funds to be available for withdrawal depends on your bank's processing time, but it usually takes a few business days.
  • avatarDec 28, 2021 · 3 years ago
    Once you sell your funds on Coinbase, the funds are converted into your local currency and are held in your Coinbase account. You can choose to keep the funds in your Coinbase account or withdraw them to your bank account. The withdrawal process usually takes a few business days to complete.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. From there, you can choose to withdraw the funds to your bank account or keep them in your Coinbase account for future trading. It's important to note that Coinbase charges a fee for withdrawing funds to your bank account, so it's worth considering the cost before making a withdrawal. As for the time it takes for the funds to be available for withdrawal, it usually takes a few business days for the transaction to be processed and for the funds to appear in your bank account.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You can then choose to withdraw the funds to your bank account or keep them in your Coinbase account. The withdrawal process usually takes a few business days to complete, depending on your bank's processing time. It's important to keep in mind that Coinbase may have withdrawal limits or fees, so it's a good idea to check their terms and conditions before making a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You can choose to withdraw the funds to your bank account or keep them in your Coinbase account for future trading. The time it takes for the funds to be available for withdrawal depends on your bank's processing time and can vary. It's recommended to check with your bank for their specific processing times. Additionally, Coinbase may have withdrawal limits or fees, so it's important to review their terms and conditions before initiating a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You can then choose to withdraw the funds to your bank account or keep them in your Coinbase account. The withdrawal process typically takes a few business days to complete. It's important to note that Coinbase may have withdrawal limits or fees, so it's advisable to review their policies before making a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You can choose to withdraw the funds to your bank account or keep them in your Coinbase account. The time it takes for the funds to be available for withdrawal depends on your bank's processing time. It's important to note that Coinbase may have withdrawal limits or fees, so it's recommended to review their terms and conditions before initiating a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You have the option to withdraw the funds to your bank account or keep them in your Coinbase account. The withdrawal process typically takes a few business days to complete. It's important to review Coinbase's withdrawal fees and limits before making a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    When you sell your funds on Coinbase, the funds are converted into your chosen fiat currency and are credited to your Coinbase account. You can then choose to withdraw the funds to your bank account or keep them in your Coinbase account. The withdrawal process usually takes a few business days to complete, but it may vary depending on your bank's processing time. It's important to note that Coinbase may have withdrawal limits or fees, so it's recommended to review their terms and conditions before initiating a withdrawal.