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.

 

[lbh411]

yep note only its available for withdrawls not deposits/purchases

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]

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]

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]

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]

where did you see that one?

 

[smartchoice]

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.

 

[lbh411]

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?

 

[lbh411]

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.

 

[pinkygold]

You can also start trading bitcoin and earn a living