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BBella lopez 1 week ago
Cryptocurrency users often need to move their funds between exchanges, wallets, and bank accounts. Whether it’s sending from Coinbase to a bank, transferring crypto to Robinhood, or moving assets to Coinbase Wallet, the process can feel complex. In this comprehensive guide, we break down each step clearly, explain wire transfers, and answer how to get money out of Coinbase safely and quickly.
How to Send Money from Coinbase to Bank
To cash out your crypto holdings directly from Coinbase:
1. Log in to your Coinbase account via the app or web.
2. Navigate to Assets > Cash Out.
3. Choose the crypto you want to sell and select USD (or your local fiat currency).
4. Decide on Instant transfer (with fee) or Standard ACH (free, 1–5 business days).
5. Select your linked bank account.
6. Enter the amount and confirm.
Tip: Ensure your bank is verified on Coinbase to avoid delays.
Coinbase supports wire transfers for deposits and withdrawals in some regions:
- Minimum deposit/withdrawal: Usually $25 for wires.
- Speed: Same-day or next business day.
- Steps:
- Navigate to Assets > Deposit > Wire Transfer.
- Follow on-screen instructions with your bank.
- For withdrawals, select Cash Out > Wire Transfer.
This is the fastest way to move large amounts beyond ACH or debit card limits.
How Do I Get My Money Out of Coinbase?
There are three main ways:
- Bank transfer (ACH or wire) – best for large withdrawals.
- PayPal (available in supported regions) – quick, but with fees.
- Coinbase Card or debit card transfer – instant but comes with withdrawal limits.
How to Transfer from Coinbase to Robinhood
Since Coinbase and Robinhood are separate platforms:
1. Sell crypto on Coinbase into cash (USD).
2. Withdraw to your bank account.
3. Deposit funds into Robinhood from the same bank.
4. Buy crypto again on Robinhood.
Currently, direct crypto transfers between Coinbase and Robinhood are not supported. Only fiat transfers work.
How to Send Crypto from Robinhood to Coinbase
Robinhood introduced crypto withdrawals, allowing you to send coins out:
1. Open the Robinhood app and select your crypto asset.
2. Tap Send and paste your Coinbase wallet address.
3. Confirm network (BTC, ETH, SOL, etc.).
4. Approve transfer with 2FA.
Funds typically arrive within minutes, depending on blockchain congestion.
How to Transfer from Coinbase to Coinbase Wallet
To move funds to your self-custody wallet:
1. Download Coinbase Wallet app and connect it to your Coinbase account.
2. From Coinbase, go to Assets > Send/Receive.
3. Select your wallet address (or use the direct integration option).
4. Choose asset and amount, confirm transfer.
This gives you full control of your private keys.
How to Transfer from Coinbase Wallet to Bank Account
Coinbase Wallet itself does not support direct cash-out. Here’s the process:
1. Send your crypto from Coinbase Wallet back to Coinbase Exchange.
2. Once received, sell crypto for fiat.
3. Use Cash Out to withdraw to your bank.
Coinbase Withdrawal Times
- Instant transfer: Seconds to minutes (fees apply).
- ACH bank transfer: 1–5 business days.
- Wire transfer: Same business day (if initiated early).
- Crypto transfer to wallet: A few minutes depending on network.
Coinbase Limits You Should Know
- ACH Bank Transfers: $25,000/day for verified accounts.
- Debit Card Purchases/Withdrawals: $7,500/day.
- Wire Transfers: Much higher limits, suitable for businesses.
- Unverified accounts: Much lower or no fiat withdrawal.
Final Thoughts
With Coinbase, you have flexibility to cash out to banks, move to Robinhood, or secure crypto in Coinbase Wallet. By understanding withdrawal methods, wire transfer options, and limits, you can manage your digital assets confidently and efficiently.