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What is the process for withdrawing funds from Coinbase and depositing them into a bank?

avatarDapendra MagharDec 19, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for withdrawing funds from Coinbase and depositing them into a bank account? I want to make sure I understand the process correctly.

What is the process for withdrawing funds from Coinbase and depositing them into a bank?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Withdrawing funds from Coinbase and depositing them into a bank account is a simple process. Here's how you can do it: 1. Log in to your Coinbase account. 2. Navigate to the 'Accounts' tab. 3. Choose the cryptocurrency you want to withdraw. 4. Click on the 'Send' button. 5. Enter the amount you wish to withdraw and the wallet address of your bank account. 6. Verify the transaction details. 7. Initiate the withdrawal by clicking on the 'Send' button. 8. Wait for the transaction to be confirmed on the blockchain. 9. Once confirmed, the funds will be transferred to your bank account. That's all there is to it! If you have any more questions, feel free to ask.