What is the fastest way to withdraw cash from coinbase?

[happyjohn]

I would like to know what is the fastest way to withdraw your coins in cash from coinbase?

As far as I read coinbase is only a "payment gateway" and has no other service then this.

 

[Bandito]

You can withdraw with PayPal or bank account.

The PayPal withdrawals are fast.

 

[happyjohn]

Coinbase support PayPal so you mean you can send your crypto from coinbase to PayPal and withdraw the money? How are you doing that?

 

[Bandito]

https://help.coinbase.com/en/coinbase/getting-started/adding-a-payment-method/paypal-faq.html
Check this maybe it isn't supported on your country, I'm sure it's supported in EU and USA.

 

[happyjohn]

Not bad if it is a legal arrangement they have with PayPal this is actually great news. I wasn't aware of that. Thank you for your help.

 

[lbh411]

fastest way is paypal but it depends on volumes i think when it comes to withdrawing out of paypal but yes Paypal 6-12hrs,Any GBP option same day ,then SEPA 2 days, and 1-5 days finally ACH (if you have the facilities )

 

[Spinat]

I didn't knew that it was possible to withdraw money from coinbase to paypal! awesome news! or maybe not news but information!

I have been usin coinbase as a payment gateway for different projects to receive crypto currencies.

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[lbh411]

yep note only its available for withdrawls not deposits/purchases

blueweb said:
I didn't knew that it was possible to withdraw money from coinbase to paypal! awesome news! or maybe not news but information!

I have been usin coinbase as a payment gateway for different projects to receive crypto currencies.
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how are the fees and is there any chargeback risk?

 

[smartchoice]

the fastest way to withdraw money cash its using ''coinbase visa card ''. You can use one of nine wallets ”” BTC, ETH, LTC, BCH, XRP, BAT, REP, ZRX, or XLM .

 

[lbh411]

smartchoice said:
the fastest way to withdraw money cash its using ''coinbase visa card ''
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disagree but fastest way to spend it on consumer goods and pay an unecessary 3% haircut plus variable rate and foreign exchange fees paypal withdrawls are instant with a UK infrastructure

 

[smartchoice]

lbh411 said:
disagree but fastest way to spend it on consumer goods and pay an unecessary 3% haircut plus variable rate and foreign exchange fees paypal withdrawls are instant with a UK infrastructure
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really explain to me how transferring money to PayPal account and after that, withdraw cash, it's faster like me just put my coinbase card in ATM?

 

[lbh411]

smartchoice said:
really explain to me how transferring money to PayPal account and after that, withdraw cash, it's faster like me just put my coinbase card in ATM?
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im saying its just as fast but yes you are right its another option if you are happy taking a 3-5% haircut, why anyone with sense would do that is beyond me

 

[Spinat]

smartchoice said:
the fastest way to withdraw money cash its using ''coinbase visa card ''. You can use one of nine wallets ”” BTC, ETH, LTC, BCH, XRP, BAT, REP, ZRX, or XLM .
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where did you see that one?

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[smartchoice]

blueweb said:
where did you see that one?
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what do you mean ? I use the card myself . You can get one if you have coinbase account and if you live in EU/UK soon the USA, for the rest of the world you cant use crypto card -very good too

 

[Spinat]

Is this different from coinbase commerce? I'm logged into the control panel where I have Settings and I can see crypto payments I received from others. There is no way to order any additional service here.

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[lbh411]

blueweb said:
Is this different from coinbase commerce? I'm logged into the control panel where I have Settings and I can see crypto payments I received from others. There is no way to order any additional service here.
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not its a seperate service for consumers you have to download the coinbase card app.

the simplest and cheapest method to withdraw from coinbase without paying unecessary fees is to withdraw to paypal then your bank very simple. Everything else has a cost attached of 3% of what you are withdrawing or more.

 

[clemens]

So you need a coinbase commerce account + coinbase APP installed on your phone is that how it works?

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[lbh411]

clemens said:
So you need a coinbase commerce account + coinbase APP installed on your phone is that how it works?
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no you create a normal coinbase account, and you download the coinbase card app and link them together..but like i said its very inefficient process just withdraw to paypal its instant rather than pay ATM fees plus bonus conversion fees lol

 

[uplana]

What's the fastest and cheapest way to withdraw your money from coinbase if not using their paypal method?

Usually I do, coinbase to kraken and withdraw.

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[pinkygold]

happyjohn said:
Not bad if it is a legal arrangement they have with PayPal this is actually great news. I wasn't aware of that. Thank you for your help.
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You can also start trading bitcoin and earn a living