Payment methods for UK customers

Coinbase supports the following payment methods for UK customers:

Best For



 Add cash

 Cash out


Easy Bank Transfer

Adding cash (GBP)




Up to 2 hours

Faster Payments Transfer

Large amounts, adding cash (GBP), cashing out





1-3 business days

SEPA Transfer

Large amounts, adding cash (EUR), cashing out





1-3 business days

3D Secure Card

Instant crypto purchases







Adding cash (EUR, GBP), Crypto purchases, Cashing out





1 business day

Instant Card cashouts

Cashing out






*UK customers have access to both a GBP and EUR balance within their Coinbase account, but the balances are funded using different payment methods. Cash outs may not be available for all UK customers; Sells will be offered in instances where Cash out is not available.

Note: Coinbase currently does not accept physical checks or bill pay as a payment method to purchase cryptocurrency or to add cash into a user's cash balance. Checks will be returned to sender upon receipt via mail, provided a mailing address is present.


Some UK banks are restricting deposits to cryptocurrency exchanges

Add cash with a UK Bank Account

UK customers have two options for adding cash (GBP) to their Coinbase account. For either option, you must:

  • Verify your UK ID and your mobile phone number in your Coinbase account.

  • Ensure that the name on your bank account matches the name on your Coinbase account. Corporate or institutional bank accounts are not supported unless you have completed our institutional onboarding process.

Option 1: Faster Payments Transfer

To link your UK bank account, go to Settings > Payment Methods before initiating a transfer. After you've linked your UK Bank Account, follow these steps to initiate adding GBP:

  1. Select Assets on the menu at the top of the page.

  2. Select Add cash from the GBP balance.

  3. Use the information displayed to initiate a UK bank transfer in GBP from your UK bank account. 

*We are currently in the process of replacing reference codes with a unique account number to make the process of adding cash more seamless and secure.

Option 2: Easy Bank Transfer

You can make a purchase with your bank account using Easy Bank Transfer.

To make a purchase:

  1. Select Buy & Sell.

  2. Enter the amount.

  3. Select your bank account.

    • If your bank isn't listed, complete a manual transfer first.

  4. Review your order and select Place order.

  5. You'll be directed to your banking app or website to authorize the payment.

Cash out to a UK Bank Account

Before you can cash out your GBP to your UK bank account, you will need to complete an initial transaction of adding GBP to your Coinbase account from your bank account. Instructions for this can be found above.

To cash out GBP from your Coinbase account, follow these steps:

  1. Select Assets on the menu at the top of the page.

  2. Select Cash out from the GBP balance.

  3. Select the UK bank account you want to cash out to, and enter the amount.

  4. Confirm the cash out.

Using EUR bank transfers (SEPA)

Please see these instructions for using EUR bank transfers via SEPA.

Trying to cash out from your EUR balance to a non-SEPA bank? Please see here.

Cash out to an Instant Card

There are only a few steps to instantly cash out from your GBP balance:

  1. Ensure you have money in your GBP balance (you may need to sell crypto).

  2. From your GBP balance, select Cash out.

  3. Choose your linked card from the menu as the cash out option.

For more information about cashing out via Instant Card, please see here.

Buying with a Credit or Debit Card

You can make a purchase with a credit or debit card if your card supports "3D Secure." With this payment method, you will not have to pre-fund your account to buy. You can purchase instantly without waiting for a bank transfer to complete.

To determine if your card supports 3D Secure, please contact your credit/debit card provider directly or simply try adding it to your Coinbase account. You will get an error message if your card does not support 3D Secure. Some banks extra security steps to authorize a purchase using 3D Secure. Some of the methods you may see will be a text message, a bank provided security card, or security questions.

To link a 3D Secure card to your account, follow these steps:

  1. When logged into your account, go to your Settings and select Payment Methods.

  2. Select Link a New Account at the top right.

  3. Choose Credit/Debit Card.

  4. If needed, fill in the billing address for your credit/debit card (The address must match the billing address for the card).

  5. Enter your card information and select Add Card.

  6. You should now see a window that says Credit Card Added and a Buy Digital Currency button. You can now buy digital currency using the Buy/Sell page anytime.

When you're ready to make a purchase using your card:

  1. Go to the Buy/Sell Digital Currency page.

  2. Enter the desired amount.

  3. Select the card on the payment methods drop down menu.

  4. Confirm the order is correct and select Complete Buy.

  5. You may be directed to your bank's website to confirm the purchase (Process different depending on bank).

Note: Some card issuers are blocking digital currency purchases with existing credit cards. We encourage affected customers to switch to a debit card or linked bank account instead. If you have a credit card linked already, your bank may charge additional fees for Coinbase credit card purchases. To avoid these fees, switch to debit card or bank account.

If you're making a purchase using a 3D Secure card via our mobile apps, please see here for instructions.

We're also unable to support prepaid cards or other cards without an associated billing address.

All credit cards and debit card payments for the UK are processed through Coinbase Payments.

*Please contact Coinbase support if you have any issues with your wire. Do not contact our partner banks, they will be unable to assist you as your account is managed by Coinbase.

Can't find what you're looking for?