How to Cash Out on Coinbase Wallet: A Complete Step-by-Step Guide

How to Cash Out on Coinbase Wallet: A Complete Step-by-Step Guide

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If you hold cryptocurrency in Coinbase Wallet and want to move the value into your bank account, you must use a supported cash-out provider or transfer the crypto to an exchange that can sell it for regular currency.

That may sound complicated, but the process becomes easier once you understand the difference between Coinbase Wallet and a standard Coinbase account. Coinbase Wallet—now part of the Base app experience—is a self-custody wallet. It holds cryptocurrency rather than a traditional withdrawable bank balance.

This guide explains how to cash out on Coinbase Wallet, choose the correct network, estimate fees, transfer crypto to Coinbase, and withdraw the final cash balance to your bank.

Important: Cryptocurrency transfers generally cannot be reversed. Confirm the asset, receiving address, network, amount, and fees before approving any transaction.

Coinbase Wallet vs. Coinbase: What Is the Difference?

Before asking, “How can I get my money out of Coinbase?” identify where your assets are stored.

Coinbase Wallet or Base app

Coinbase Wallet, which Coinbase documentation now commonly refers to as the Base app, is a self-custody wallet. You control the private keys and are responsible for protecting access to the wallet.

The wallet can hold tokens across supported blockchain networks. Because the assets are on-chain, moving them may require a blockchain network fee, commonly known as a gas fee.

Coinbase describes the Base wallet as a self-custody product in which the private keys are stored on the user’s device rather than by the centralized Coinbase exchange.

Coinbase account

A standard Coinbase account is a centralized exchange account. It may allow you to:

  • Buy or sell supported cryptocurrency
  • Maintain a local cash balance
  • Link a bank account or eligible card
  • Withdraw available cash
  • Use instant cash-out where available

Therefore, how to cash out from Coinbase Wallet is different from withdrawing an existing cash balance from Coinbase.com.

Can You Cash Out Directly From Coinbase Wallet?

Yes, direct cash-out may be available through the wallet’s Cashout feature. However, the providers and payment methods offered depend on your location, asset, network, and account eligibility.

Coinbase currently describes two main options:

  1. Cash out using Coinbase.com and an eligible Coinbase payment method.
  2. Cash out using a supported third-party provider.

If neither option is available for your asset or location, you can transfer the crypto from your wallet to a Coinbase exchange account or another trusted exchange, sell it, and withdraw the cash.

According to Coinbase, third-party cash-out providers are available in numerous countries, although supported currencies, payment methods, and charges vary. 

How to Cash Out on Coinbase Wallet Directly

If the Cashout feature is available in your wallet, it is usually the simplest route.

Step 1: Open Coinbase Wallet or the Base app

Open the official application and unlock your wallet. Make sure you are using the correct wallet if you have created or imported more than one.

Never enter your recovery phrase into a website or application that you opened from an unsolicited email, message, or advertisement.

Step 2: Open the Assets tab

Go to Assets and review your cryptocurrency balances. Choose the wallet containing the asset you want to sell.

Some tokens may be displayed on more than one blockchain. Confirm the network as well as the token name.

Step 3: Select Cashout

Choose Cashout from the Assets screen. The app should show the providers and payment methods currently available to you.

If Cashout does not appear, the feature may not support your location, asset, wallet type, or network. You can use the exchange-transfer method explained later in this guide.

Step 4: Choose a cash-out provider

Select Coinbase.com or one of the listed third-party providers. Examine the provider’s requirements carefully.

You may need to:

  • Sign in or create an account
  • Complete identity verification
  • Connect a bank account or payment method
  • Agree to the provider’s terms
  • Enter additional transaction information

A third-party provider is a separate company with its own fees, exchange rates, limits, privacy policy, and customer-support procedures.

Step 5: Choose the asset and amount

Enter how much crypto you want to cash out. Avoid selecting your entire balance if you need some of the same token to pay the blockchain fee.

For example, sending an ERC-20 token on Ethereum normally requires ETH for gas. Holding only the token without enough ETH can prevent the transaction from going through.

Step 6: Review the transaction

Before confirming, examine:

  • The cryptocurrency being sold
  • The blockchain network
  • The cash-out amount
  • The estimated amount you will receive
  • The conversion rate
  • Network and provider fees
  • The payment destination
  • The expected delivery time

Step 7: Confirm the cash-out

Approve the transaction only if every detail is correct. You may need to authorize an on-chain transaction inside your wallet and complete additional steps on the provider’s website.

Coinbase’s general direct cash-out instructions are to select Cashout, choose a payment method, enter the amount and asset, and continue to the confirmation page. A third-party option will redirect you through that provider’s process.

How to Cash Out Coinbase Wallet Through Coinbase.com

A second option is to transfer your crypto to your regular Coinbase account, sell it there, and withdraw the resulting cash.

This method generally involves three stages:

  1. Obtain the correct deposit details from Coinbase.
  2. Send the cryptocurrency from your wallet to Coinbase.
  3. Sell the cryptocurrency and withdraw the cash.

Step 1: Confirm that Coinbase supports the asset and network

Sign in to your Coinbase account and verify that Coinbase accepts both the cryptocurrency and the network on which it is stored.

This is extremely important. A token may exist on Ethereum, Base, Solana, Polygon, or another network. Coinbase supporting the token’s name does not automatically mean that it accepts deposits over every available network.

Sending through an unsupported network can delay the deposit or make recovery difficult or impossible.

Step 2: Find your Coinbase deposit address

Inside Coinbase:

  1. Select Receive or Transfer.
  2. Choose Receive crypto.
  3. Select the cryptocurrency.
  4. Select the correct network.
  5. Copy the displayed address.

Some assets may also require a memo or destination tag. If Coinbase provides one, include it exactly as shown.

Step 3: Send crypto from Coinbase Wallet

Return to Coinbase Wallet or the Base app:

  1. Open the Payments tab.
  2. Select the asset.
  3. Enter the amount.
  4. Choose Send.
  5. Paste the Coinbase deposit address.
  6. Confirm the destination and network.
  7. Review the network fee.
  8. Approve the transfer.

Coinbase’s instructions for linked accounts also allow users to select an asset in the Base app, enter an amount, choose Send, and select the relevant Coinbase destination. Transfers are completed on-chain and require network confirmation. 

For a large transfer, consider sending a small test amount first. Wait for it to arrive before sending the rest.

Step 4: Wait for blockchain confirmation

The transfer may not appear instantly. Completion depends on the blockchain, current network traffic, Coinbase’s confirmation requirements, and whether the transaction details are correct.

You can normally select the transaction in your wallet to find its transaction hash. Enter that hash into the appropriate blockchain explorer to check its on-chain status.

Step 5: Sell the cryptocurrency

After the crypto arrives in your Coinbase account:

  1. Select Buy & Sell.
  2. Choose Sell.
  3. Select the cryptocurrency.
  4. Enter the amount.
  5. Set the destination as your local cash balance.
  6. Review the order, price, and fees.
  7. Confirm the sale.

The proceeds should appear in your Coinbase cash balance after the order completes.

Step 6: Withdraw the money

To cash out Coinbase after selling:

  1. Open the Coinbase app.
  2. Select Cash.
  3. Choose Withdraw.
  4. Select Withdraw Cash.
  5. Enter the amount.
  6. Choose your bank account, card, or supported destination.
  7. Preview the transaction.
  8. Review the fee and delivery estimate.
  9. Confirm the withdrawal.

This answers common questions such as “How do I cash out from Coinbase?” and “How do you cash out of Coinbase?” The crypto must first become an available cash balance, after which the cash can be sent through a supported payment method.

How Much Does It Cost to Cash Out?

The total cost can contain several separate charges.

Blockchain network fee

Moving crypto from a self-custody wallet is an on-chain transaction. The network fee is paid to the blockchain’s validators or miners, not simply charged as a fixed Coinbase withdrawal fee.

It can change based on the network and current activity.

Trading or conversion cost

Selling cryptocurrency may involve a disclosed Coinbase or provider fee and a spread between the quoted buy and sell prices.

Cash-out provider fee

A direct wallet cash-out provider may charge a percentage or fixed fee. Coinbase’s help page currently presents indicative fee ranges, but the rate shown in your confirmation screen is the amount that matters.

Bank or card fee

Your bank, card provider, or payment service may impose its own processing or currency-conversion charges.

Compare the final amount you will receive rather than looking only at one advertised fee.

Why Can’t I Cash Out on Coinbase Wallet?

Several issues can prevent a successful withdrawal.

Cashout is not available in your region

Direct off-ramp providers do not operate everywhere. If no provider appears, transferring the asset to a supported exchange may be necessary.

Your cryptocurrency or network is unsupported

The cash-out provider may support a common asset such as ETH or USDC but not the particular network holding it. You may need to swap or bridge the asset, but both actions create additional costs and risks.

You do not have enough gas

Your wallet needs the network’s native asset to pay transaction fees. For example:

  • Ethereum transactions generally need ETH.
  • Base transactions generally need ETH on Base.
  • Polygon transactions may need POL.
  • Solana transactions need SOL.

Do not send gas funds until you confirm the exact network.

The amount is below the minimum

A provider may establish minimum or maximum transaction amounts. A very small balance might also cost more to move than it is worth after network and provider fees.

Verification is incomplete

A Coinbase account or third-party provider may require identity and payment-method verification before it can process a cash withdrawal.

The transaction is pending

A wallet transaction can remain pending when network fees are too low or the blockchain is congested. Check the transaction hash in a reliable blockchain explorer before trying another transfer.

Essential Safety Tips Before Cashing Out

Self-custody gives you control, but it also gives you responsibility. Follow these precautions:

  • Never disclose your recovery phrase or private keys.
  • Coinbase support does not need your recovery phrase.
  • Verify every character of a destination address.
  • Confirm that the sending and receiving networks match.
  • Use a small test transaction for a new address.
  • Ignore unexpected tokens claiming to have cash value.
  • Avoid links sent through unsolicited messages.
  • Review token approvals before connecting to an unfamiliar provider.
  • Do not pay someone to “unlock” or “validate” your wallet.
  • Keep enough of the native token to cover gas.

Coinbase notes that a traditional Base wallet may use a 12-word recovery phrase that only its owner can access. Losing it can mean losing access to the wallet, while sharing it can allow someone else to take the assets.

Frequently Asked Questions

1. How do I cash out on Coinbase Wallet?

Open the Assets tab, select Cashout, choose an available provider, enter the asset and amount, and follow the confirmation steps. If Cashout is unavailable, send the crypto to Coinbase or another supported exchange, sell it, and withdraw the cash.

2. How do you cash out from Coinbase to a bank account?

If your crypto is in Coinbase Wallet, use a direct cash-out provider or transfer it to your Coinbase account. Sell it for your local currency, then withdraw the available cash balance to your linked bank account.

3. Can I transfer money directly from Coinbase Wallet to my bank?

Only when a supported cash-out provider offers that option for your asset, network, and country. Otherwise, you must move the crypto to an exchange before withdrawing regular currency.

4. How do I cash out of Coinbase without paying high fees?

Compare direct cash-out providers with the cost of sending the crypto to an exchange. Consider network conditions, conversion rates, trading charges, and bank fees. Never select a route based on one fee alone.

5. Why is my Coinbase Wallet transaction pending?

The blockchain may be congested, the transaction fee may be insufficient, or the transaction may still need confirmations. Check its transaction hash in the correct blockchain explorer.

6. How do you cash out on Coinbase instantly?

Eligible customers may see an instant withdrawal option after selling crypto into their Coinbase cash balance. Availability and fees depend on the account, location, bank, and card provider.

7. Can Coinbase reverse a wallet transfer?

Generally, no. Blockchain transactions are normally irreversible after confirmation. If you send crypto to the wrong address or through an unsupported network, recovery may not be possible.

Conclusion

The best answer to how to cash out on Coinbase Wallet depends on your location and the asset you hold. You can use the wallet’s direct Cashout feature when an eligible provider is available. Alternatively, transfer the crypto to Coinbase, sell it for your local currency, and withdraw the cash to a linked bank account.

Whichever method you choose, confirm the asset, network, destination, fees, exchange rate, and expected delivery time. A small test transfer and a careful final review can help you cash out with Coinbase safely while avoiding expensive, irreversible mistakes.