Cash balance - Introduction

Overview

When you add cash to your Coinbase account, the funds will be stored as your cash balance and will appear as the local currency in your list of assets. You can use this balance as a source of funds to make instant crypto purchases, and you can credit it with the proceeds of your crypto sales. This allows you to instantly buy and sell on Coinbase, exchanging between your local cash balance and your digital currency balances.

Requirements

To activate your local cash balance, you must:

• Reside in a supported state or country.

• Upload an identification document issued in your state or country of residence.

Set up a payment method

To move cash in and out of your account, you need to add a supported payment method to your Coinbase account.