Add and verify your payment method
Sign in to Coinbase and navigate to Payment methods.
Select Add a payment method.
Select your preferred payment method.
Complete the provided steps to verify your payment method.
Types of payment method verification include:
Instant verification verifies through Plaid, or the payment method's online banking portal.
Manual verification, or check digit verification (CDV), verifies through small test transfers to your bank account.
Deposit verification verifies with a successful deposit into your Coinbase account from your payment method.
Available payment methods by country
Payment method | Buy | Sell | Deposit | Withdraw | Speed |
|---|---|---|---|---|---|
Debit card | ✔ | ✘ | ✘ | ✘ | Instant |
Bank account (PayID or BSB) | ✔ | ✔ | ✔ | ✔ | Instant |
Payment method | Buy | Sell | Deposit | Withdraw | Speed |
|---|---|---|---|---|---|
Debit card | ✔ | ✘ | ✘ | ✘ | Instant |
SGD Bank account (FAST) | ✘ | ✘ | ✔ | ✔ | Instant |
USD Bank account (SWIFT) | ✘ | ✘ | ✔ | ✔ | 3-4 business days |
Fees:
Fee type | SGD | USD |
|---|---|---|
Processing fee | Free | US$5 |
Outgoing wire fee | Free | US$21.60 |
Incoming wire fee | Free | Depends on your bank |
Payment method | Buy | Sell | Add cash | Cash out | Speed |
|---|---|---|---|---|---|
Debit card | ✔ | ✘ | ✘ | ✘ | Instant |
USD Bank account (SWIFT) | ✘ | ✘ | ✔ | ✔ | 3-4 business days |
Troubleshoot payment method addition
For card verification, Coinbase sends two test charges between 1.01 and 1.99 in your local currency. If these test transactions are not visible, try again, or:
Review pending or processing charges on your card issuer's website.
After 24 hours, contact your card issuer to ask for the amounts of any pending Coinbase authorizations, or see if the charges have been blocked.
Note:
1.00 charges are caused by the card processing network, and are not used for verification.
We will cancel the verification charges, and they will disappear after 10 business days.
A successful deposit will verify your bank account. For transfer details, complete the steps in the section Add and verify your payment method.
Your first PayID or BSB bank deposit may take up to 24 hours to complete due to your bank’s security measures
A successful deposit will verify your bank account. For transfer details, complete the steps in the section Add and verify your payment method.
FAST deposit instructions, including bank account number, are unique to your Coinbase account. There is no need for a transaction reference.
PayNow deposits require a transaction reference. This should be auto-filled for you when you scan/load the QR code with a compatible banking app.
A successful deposit will verify your bank account. For transfer details, complete the steps in the section Add and verify your payment method.
Instructions, including bank account number, are unique to your Coinbase account. There is no need for a transaction reference.