What happens to the money after I sell my coins on Coinbase?
Sarissa FarmanDec 26, 2021 · 3 years ago7 answers
After selling your coins on Coinbase, what happens to the money? Does it go directly to your bank account or is it stored in your Coinbase wallet?
7 answers
- Dec 26, 2021 · 3 years agoOnce you sell your coins on Coinbase, the money will be deposited into your Coinbase USD wallet. From there, you have the option to withdraw the funds to your linked bank account. It usually takes a few business days for the money to appear in your bank account. Keep in mind that there may be fees associated with the withdrawal process, so make sure to check Coinbase's fee schedule.
- Dec 26, 2021 · 3 years agoWhen you sell your coins on Coinbase, the money is not automatically transferred to your bank account. Instead, it is stored in your Coinbase USD wallet. You can choose to keep the funds in your wallet or withdraw them to your bank account. It's important to note that Coinbase charges fees for withdrawals, so make sure to review their fee schedule before making any transactions.
- Dec 26, 2021 · 3 years agoAfter selling your coins on Coinbase, the money will be credited to your Coinbase USD wallet. From there, you can choose to withdraw the funds to your bank account or keep them in your Coinbase wallet. If you decide to withdraw, it may take a few business days for the money to appear in your bank account. It's worth mentioning that there are withdrawal fees associated with transferring funds from Coinbase to your bank account.
- Dec 26, 2021 · 3 years agoWhen you sell your coins on Coinbase, the money is transferred to your Coinbase USD wallet. You can then choose to withdraw the funds to your bank account or keep them in your Coinbase wallet. It's important to note that Coinbase charges fees for withdrawals, so make sure to consider the fees before making any transactions. If you prefer to keep your funds in your Coinbase wallet, you can use them to buy other cryptocurrencies or trade on the Coinbase platform.
- Dec 26, 2021 · 3 years agoAfter selling your coins on Coinbase, the money will be stored in your Coinbase USD wallet. From there, you can either withdraw the funds to your bank account or keep them in your Coinbase wallet. It's important to note that Coinbase charges fees for withdrawals, so make sure to review their fee schedule. If you choose to keep the funds in your Coinbase wallet, you can use them to buy other cryptocurrencies or trade on the Coinbase platform.
- Dec 26, 2021 · 3 years agoWhen you sell your coins on Coinbase, the money is credited to your Coinbase USD wallet. You can then choose to withdraw the funds to your bank account or keep them in your Coinbase wallet. It usually takes a few business days for the money to appear in your bank account. If you decide to keep the funds in your Coinbase wallet, you can use them to buy other cryptocurrencies or trade on the Coinbase platform.
- Dec 26, 2021 · 3 years agoAfter selling your coins on Coinbase, the money will be transferred to your Coinbase USD wallet. From there, you have the option to withdraw the funds to your bank account. It typically takes a few business days for the money to be deposited into your bank account. Keep in mind that Coinbase charges fees for withdrawals, so make sure to check their fee schedule before initiating any transactions.
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