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Cryptocurrency investors often need to move assets between platforms, cash out profits, or withdraw funds to their bank accounts. Whether you are using Coinbase, Coinbase Wallet, or Robinhood, knowing the right steps can save time and money. This comprehensive guide explains how to transfer crypto between Coinbase and Robinhood, how to cash out crypto on Coinbase Wallet, and how to withdraw USDC, Solana, or other tokens to your bank account.
How to Transfer from Coinbase to Robinhood
Direct transfers from Coinbase to Robinhood are not supported because Robinhood currently does not allow external crypto deposits. To move your funds, you’ll need to follow this process:
Sell your crypto on Coinbase
o Log in to your Coinbase account.
o Select the cryptocurrency you want to transfer.
o Click Sell and convert it into USD.
Withdraw USD to your linked bank account
o Go to Assets > Cash > Cash out.
o Choose your bank account and confirm withdrawal.
Deposit funds into Robinhood
o Open the Robinhood app.
o Go to Account > Transfers > Transfer to Robinhood.
o Deposit the same amount into Robinhood.
This is the only reliable way to move money between Coinbase and Robinhood at the moment.
How to Transfer from Coinbase Wallet to Bank Account
Coinbase Wallet is a decentralized wallet, meaning it doesn’t have a direct “cash out” feature. To withdraw money to a bank account:
Send your crypto from Coinbase Wallet to Coinbase Exchange
o Open your Coinbase Wallet.
o Select the crypto you want to withdraw.
o Enter your Coinbase deposit address and transfer the funds.
Sell crypto for fiat on Coinbase
o Once the funds arrive, click Trade > Sell.
o Convert crypto into USD or your local currency.
Withdraw to bank account
o Select Assets > Cash > Cash out to bank.
o Choose your withdrawal method (ACH, Instant Transfer, or Wire).
How to Transfer Money from Coinbase to Coinbase Wallet
To move funds the other way around:
Log in to Coinbase and select the crypto you want to transfer.
Click Send/Receive and enter your Coinbase Wallet address.
Confirm the transaction.
The crypto will appear in your Coinbase Wallet once confirmed on the blockchain.
How to Transfer Crypto from Robinhood to Coinbase
Robinhood has started allowing crypto withdrawals, but only for supported coins. Here’s how:
Enable crypto transfers in Robinhood
o Complete identity verification and enable two-factor authentication.
Get your Coinbase wallet address
o Log in to Coinbase, select the crypto you want to receive, and copy the wallet address.
Withdraw from Robinhood
o Open Robinhood, choose the crypto, and select Send.
o Paste your Coinbase wallet address and confirm.
Wait for blockchain confirmation
o The transfer may take minutes to hours, depending on the network.
How to Cash Out Coinbase Wallet
Since Coinbase Wallet is non-custodial, you must first transfer funds to Coinbase exchange:
Open your wallet.
Select the crypto you want to cash out.
Transfer it to Coinbase.
Sell it for fiat and withdraw to your bank.
This process works for Solana (SOL), USDC, and other supported tokens.
How to Cash Out on Coinbase Wallet (Step-by-Step Guide)
Here’s the exact process to withdraw money from Coinbase Wallet into your bank account:
Step 1: Open Coinbase Wallet
Log in to your Coinbase Wallet app and check your crypto holdings.
Step 2: Choose the Crypto to Cash Out
Select the asset (e.g., USDC, Solana, or Bitcoin) you want to withdraw.
Step 3: Transfer to Coinbase Exchange
Since Coinbase Wallet does not support direct fiat withdrawals, you need to:
Open Coinbase Exchange app or website.
Copy your Coinbase Exchange deposit address for the chosen asset.
Send your crypto from Coinbase Wallet to Coinbase Exchange using this address.
Step 4: Sell Crypto for Cash
Once the funds arrive in Coinbase Exchange:
Tap Sell and choose your local currency (USD, EUR, GBP, etc.).
Confirm the sale and convert your crypto into fiat.
Step 5: Withdraw to Bank Account
After selling, tap Withdraw to Bank. You can withdraw using:
Bank transfer (ACH in the U.S.) – usually free but slower.
Wire transfer – faster but may include fees.
Debit card withdrawal – instant but has higher fees.
How to Withdraw USDC from Coinbase to Bank Account
USDC (USD Coin) is a stablecoin pegged to the U.S. dollar. Many users prefer withdrawing USDC because it’s stable and avoids crypto volatility.
Open Coinbase Wallet and select USDC.
Send USDC to your Coinbase Exchange account.
Sell USDC for cash on Coinbase Exchange.
Withdraw funds directly into your bank account.
This is the most efficient way to withdraw USDC from Coinbase to bank account.
How to Cash Out Solana on Coinbase Wallet
Solana (SOL) is another popular asset stored in Coinbase Wallet. To cash out Solana on Coinbase Wallet:
Go to Coinbase Wallet and select SOL.
Send SOL to your Coinbase Exchange Solana deposit address.
Sell Solana on Coinbase Exchange.
Withdraw the cash proceeds to your bank.
How Long Does Coinbase Take to Cash Out?
The time it takes to cash out from Coinbase depends on the withdrawal method:
Instant debit card withdrawal – Almost immediate but comes with fees (up to 1.5%).
ACH bank transfers (U.S.) – 1 to 3 business days.
Wire transfers – Usually same-day or next business day.
International bank withdrawals – May take 3 to 5 business days depending on country and bank.
Can I Withdraw Money from Coinbase Wallet Directly?
Many users ask, can I withdraw money from Coinbase Wallet? The answer is no, you cannot directly withdraw fiat (cash) from Coinbase Wallet. Coinbase Wallet is decentralized, and it only manages crypto assets. To get money out of Coinbase, you must first move your funds to an exchange like Coinbase Exchange that supports fiat withdrawals.
How to Cash Out USDC on Coinbase Wallet
If you hold USDC in Coinbase Wallet:
Transfer USDC to Coinbase Exchange.
Sell it for your local currency.
Withdraw to your bank using your preferred method.
This process ensures you can cash out USDC on Coinbase Wallet quickly and with minimal conversion losses since USDC is already pegged to the U.S. dollar.
How to Sell Crypto on Coinbase Wallet
Coinbase Wallet itself does not allow direct selling of crypto for fiat. However, it allows swapping crypto-to-crypto using decentralized exchanges (DEXs). If you want to sell crypto on Coinbase Wallet for cash:
Swap your asset into USDC inside Coinbase Wallet.
Transfer USDC to Coinbase Exchange.
Sell USDC for cash.
Withdraw to your bank account.
How to Cash Out from Coinbase Wallet to Bank Account
To directly cash out from Coinbase Wallet to bank account, here’s the simplest workflow:
Send crypto (BTC, ETH, USDC, or SOL) from Coinbase Wallet to Coinbase Exchange.
Sell crypto for fiat currency on Coinbase Exchange.
Withdraw fiat to your linked bank account.
Can I Withdraw Money from Coinbase Wallet?
The short answer is: you cannot directly withdraw fiat (cash) from Coinbase Wallet. Coinbase Wallet is a self-custody wallet designed to store and manage your crypto securely. To get your money into your bank account, you must first transfer your crypto from Coinbase Wallet to Coinbase Exchange, sell it for fiat (USD, EUR, GBP, etc.), and then withdraw to your bank.
How to Withdraw USDC from Coinbase Wallet to Bank Account
Step 1: Transfer USDC from Coinbase Wallet to Coinbase Exchange
Open your Coinbase Wallet app.
Select USDC from your wallet balance.
Tap Send and enter your Coinbase Exchange wallet address (you can find this in your Coinbase app under “Receive”).
Confirm the transfer and wait for the blockchain confirmation.
Note: Sending USDC on Ethereum may require gas fees. To reduce costs, you can use USDC on networks like Solana, Base, or Polygon if available.
Step 2: Sell USDC for Fiat Currency on Coinbase
Open the Coinbase Exchange app or web platform.
Navigate to Trade → Select USDC → Sell.
Choose the fiat currency (e.g., USD) and confirm the sale.
Your fiat balance will now appear in your Coinbase account.
Step 3: Withdraw Money to Your Bank Account
Go to Assets → Cash balance.
Tap Withdraw → Bank Account.
Select your linked bank account.
Enter the withdrawal amount and confirm.
Processing Time:
Instant cashout to eligible debit cards is available (with small fees).
Standard bank transfers (ACH/SEPA) may take 1–3 business days.
Wire transfers are faster but may involve higher fees.
How to Sell Crypto on Coinbase Wallet
Technically, Coinbase Wallet doesn’t support direct selling for fiat. However, it does support DEX (Decentralized Exchange) integrations. You can:
Use Uniswap, Sushiswap, or 1inch within Coinbase Wallet to swap crypto for USDC or stablecoins.
Transfer the stablecoins to Coinbase Exchange.
Withdraw to your bank account.
This method is popular for users who hold tokens not directly supported on Coinbase Exchange.
How Do I Withdraw Money from Coinbase Wallet to Bank Account?
Let’s summarize the exact process clearly:
Move crypto from Coinbase Wallet → Coinbase Exchange.
Sell crypto (USDC, SOL, or other tokens) for fiat currency.
Withdraw fiat to your linked bank account or debit card.
Conclusion
Withdrawing from Coinbase Wallet to a bank account requires moving your crypto to Coinbase Exchange, selling it for fiat, and then withdrawing to your bank. Whether you’re cashing out USDC, Solana, or other cryptos, the process is straightforward once you understand the steps. Always ensure your account is fully verified to maximize withdrawal limits and reduce restrictions.
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