What are the steps to redeem cash after selling Bitcoin on Coinbase?

3 answers

• Therkildsen MorenoJun 19, 2024 · 2 years ago
  Once you have sold your Bitcoin on Coinbase, you can easily redeem the cash by following these steps: 1. Log in to your Coinbase account and navigate to the 'Portfolio' section. 2. Find the Bitcoin balance that you sold and click on the 'Withdraw' button. 3. Choose the 'Bank Account' option as the withdrawal method. 4. Enter the amount of cash you want to redeem and select your bank account. 5. Review the transaction details and confirm the withdrawal. 6. Wait for the cash to be transferred to your bank account, which usually takes a few business days. Please note that Coinbase may charge a small fee for the withdrawal, and the exact time for the cash to reach your bank account may vary depending on your location and the bank's processing time.
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• Munawar hussian1111Jan 14, 2025 · a year ago
  Redeeming cash after selling Bitcoin on Coinbase is a straightforward process. Here's what you need to do: 1. Log in to your Coinbase account and go to the 'Portfolio' page. 2. Locate the Bitcoin balance you sold and click on the 'Withdraw' button. 3. Select the 'Bank Account' option as your withdrawal method. 4. Enter the desired cash amount and choose your bank account. 5. Double-check the withdrawal details and confirm the transaction. 6. Wait for the cash to be transferred to your bank account, which typically takes a few business days. Remember to consider any applicable fees and ensure that your bank account is linked to your Coinbase account for a seamless cash redemption process.
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• Ozgur Tunca BeeSmartOct 19, 2023 · 2 years ago
  After selling your Bitcoin on Coinbase, you can redeem the cash by following these steps: 1. Log in to your Coinbase account and access the 'Portfolio' section. 2. Locate the Bitcoin balance you sold and click on the 'Withdraw' button. 3. Opt for the 'Bank Account' option as your withdrawal method. 4. Specify the amount of cash you wish to redeem and select your bank account. 5. Carefully review the withdrawal details and confirm the transaction. 6. Allow a few business days for the cash to be transferred to your bank account. Please note that Coinbase may charge a withdrawal fee, and the exact processing time may vary depending on your location and the bank's policies. If you encounter any issues during the redemption process, it's recommended to reach out to Coinbase's customer support for assistance.
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