Cryptocurrency Q&A
How do I transfer money from coin wallet to bank account?
How do I transfer money from coin wallet to bank account?
CrystalPulse
Tue Jul 02 2024
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5 answers
1149
Good day, I'm interested in understanding the process of transferring funds from a cryptocurrency wallet to a traditional bank account. Could you please walk me through the steps? Specifically, I'd like to know if there are any specific requirements or fees associated with the transfer. Additionally, is there a minimum or maximum amount that can be transferred? I'm also curious about the estimated time it takes for the funds to reflect in the bank account after initiating the transfer. Your guidance in this matter would be greatly appreciated.
5 answers
Martina
Thu Jul 04 2024
Within the Sell for USD prompt, carefully select the asset you wish to sell or cash out. Coinbase Wallet supports a wide range of cryptocurrencies, so ensure you choose the correct one.
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KDramaLegendary
Thu Jul 04 2024
After selecting the asset, you will be prompted to enter the amount you wish to sell. Enter the desired quantity, taking into account any minimum or maximum limits.
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Alessandro
Thu Jul 04 2024
Once the amount is confirmed, you will be presented with the Deposit to prompt. Here, you must select the destination for the funds you are withdrawing. You can choose to deposit the funds directly into your local currency balance or transfer them to your linked bank account.
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Valentino
Thu Jul 04 2024
To initiate a cashout process within Coinbase Wallet, the first step is to navigate to the Assets tab.
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ZenHarmonious
Thu Jul 04 2024
Upon accessing the Assets tab, locate and tap the Cashout option. This will allow you to proceed with the withdrawal or sale of your desired digital assets.
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