common-close-0
BYDFi
Trade wherever you are!

What is the average time it takes to withdraw money from Coinbase to a bank account?

avatarSundaemonDec 16, 2021 · 3 years ago3 answers

I would like to know the average time it usually takes to withdraw money from Coinbase to a bank account. Can anyone provide some insights on this? How long does it typically take for the funds to appear in the bank account after initiating the withdrawal?

What is the average time it takes to withdraw money from Coinbase to a bank account?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The average time it takes to withdraw money from Coinbase to a bank account can vary depending on several factors. Generally, it takes about 1-5 business days for the funds to appear in your bank account after initiating the withdrawal. However, please note that this timeframe may be longer during periods of high demand or when there are network congestion issues. It's always a good idea to check Coinbase's website or contact their customer support for the most up-to-date information on withdrawal times.
  • avatarDec 16, 2021 · 3 years ago
    Withdrawal times from Coinbase to a bank account can be influenced by various factors. On average, it takes around 2-3 business days for the funds to reach your bank account. However, this timeframe can be longer or shorter depending on the specific bank and country you are located in. It's important to keep in mind that weekends and public holidays may also affect the processing time. If you have any concerns about your withdrawal, it's best to reach out to Coinbase's support team for assistance.
  • avatarDec 16, 2021 · 3 years ago
    Based on my experience with various cryptocurrency exchanges, including Coinbase, the average time it takes to withdraw money to a bank account is usually within 3-5 business days. However, it's worth noting that this timeframe can vary depending on the specific exchange, bank, and country involved. Different exchanges may have different processing times and some banks may have additional internal procedures that can delay the transfer. It's always a good idea to check the withdrawal options and estimated processing times provided by the exchange you are using.