Coinbase not allowing withdrawal to bank account

timewo · Jun 23, 2023

I have got some money in my Coinbase account which I wish to withdraw to my bank account. However, whenever I try to withdraw, I am facing a problem, getting the error message connectivity issue. Is anyone else facing the same problem?

Blessed19 · Jun 24, 2023

Well I don't know much about coinbase volleyball all I believe is does wool they are country supports the use of coinbase can withdraw to their bank directly from the wallet but as for we, we can only make trade with it and sell to who is willing to buy.

Suba · Jun 25, 2023

I've been using Coinbase for a long time but have never tried withdrawing via a bank account, as to my knowledge Paypal and bank accounts are only valid for American citizens.

Niyi Briggs · Jun 27, 2023

All I know is that you have to flip your cryptocurrency to USD before you would be able to transfer to your bank account. And it is only for American citizens alone.

timewo · Jun 29, 2023

I think they are interested mainly in users who are willing to spend a large amount to purchase BTC and other cryptocurrencies for trading. I have very less experience in crypto, so I do not invest.

riberet19 · Jul 2, 2023

Well I have not used much coinbase, but when I have tried to withdraw I have never had any problem, so I do not know what can happen, maybe you should contact Coinbase support.

Bisolami · Jul 4, 2023

Suba said:
I've been using Coinbase for a long time but have never tried withdrawing via a bank account, as to my knowledge Paypal and bank accounts are only valid for American citizens.

I have a coinbase account but there was a time I was supposed to do my kyc registration and I did not have my ID card with me so I stopped using it to receive money

Suba · Jul 4, 2023

Bisolami said:
I have a coinbase account but there was a time I was supposed to do my kyc registration and I did not have my ID card with me so I stopped using it to receive money

Currently Coinbase and some other wallets have to comply with government regulations so every user has to verify kyc, and I did that one year ago. so that I can withdraw crypto to another wallet but cannot withdraw fiat money.

timewo · Jul 4, 2023

I had provided them with all the documents which they requested, yet I was getting an error. Finally they said that access to the Coinbase account would be restricted, so I moved most of funds away.

Bisolami · Jul 4, 2023

It is even good that you were able to move your funds. If it was another platform, you may not be able to move your funds and that would have been worse.

timewo said:
I had provided them with all the documents which they requested, yet I was getting an error. Finally they said that access to the Coinbase account would be restricted, so I moved most of funds away.

timewo · Jul 4, 2023

I had very less money with Coinbase only a few dollars, which I require for renewal of domain names, I am forced to accept crypto payment because my account on websites like mylot is closed without reason.

AruneBend · Jul 4, 2023

Wow really well I think that Coinbase is not bad platfrom to make diffriend things with crypto I used it but I had trouble verifying my passport anyways you maybe can contact support?

Bisolami · Jul 4, 2023

timewo said:
I had very less money with Coinbase only a few dollars, which I require for renewal of domain names, I am forced to accept crypto payment because my account on websites like mylot is closed without reason.

As for me, I don't know why I don't really like to use that platform. People give a lot of good reviews about it but I still do not like it very much
I prefer Binance over all of them

timewo · Jul 5, 2023

I was not very familiar with the various crypto websites a year ago when I opened the coinbase account. Now I have more information on the various crypto wallets and exchanges available.

Rubz · Jul 12, 2023

My question for you is have you tried withdrawn from your coinbase wallet to your bank account before or is this the first time? I'm asking because it's only possible for Americans to withdraw to their bank accounts.

Stardom22 · Jul 12, 2023

The only advice that I can give you for now is to contact the customer support service for the Coinbase for the same. They could be experiencing some website server downtime.

Smalto · Jul 13, 2023

Do well to contact the management team so as to help you towards navigating it to get your funds back to you, I believe there should be a way around it, I don't make use of coinbase for the meantime.

King Belieal · Jul 15, 2024

I don't really know if Coinbase allows a direct withdrawal to Indian bank accounts as of now.

Coinbase not allowing withdrawal to bank account

timewo

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