Payment methods for US customers

There are several types of payment methods that you can link to your Coinbase account:

  Best for Buy Sell Add cash Cash out Speed
Bank Account (ACH) Large and small investments  ✔  ✔      ✔    ✔ 3-5 business days
Instant Cashouts to bank accounts Small withdrawals   ✘  ✘     ✘    ✔ Instant
Debit Card Small investments and cashouts   ✔  ✘      ✘    ✔ Instant
Wire Transfer Large investments    ✘  ✘      ✔    ✔ 1-3 business days
PayPal Small investments and cashouts  ✔  ✘     ✔    ✔ Instant
Apple Pay Small investments  ✔  ✘      ✘    ✘ Instant

To link a payment method:

  1. Go to the Payment Methods on web or select Settings > Payment Methods on mobile.
  2. Select Add a payment method.
  3. Select the type of account you want to link.
  4. Follow the instructions to complete verification depending on the type of account being linked.

Please note: Coinbase does not accept physical checks or checks from bill pay services as a payment method to purchase cryptocurrency or to transfer cash into a user's USD wallet. Any such checks received by Coinbase will be voided and destroyed.

Bank Account

Instant verification

Most banks can be linked instantly and securely by providing your online banking username and password when requested. Additional security questions (as well as a PIN) may be required as well depending on your bank's security procedures.

To link your bank account:

  1. Visit your Payment Methods
  2. Select Add a payment method > Bank Account > Continue. You'll be presented with a screen where bank logos are displayed
  3. Type in the name of the bank account you would like to link
  4. Enter your bank's login credentials

Once completed, your bank account will be instantly linked and available to use.

Deposit verification

Alternatively, you may manually link your bank account using our deposit verification process.

To manually link your bank account:

  1. Visit your Payment Methods.
  2. Select Add a payment method > Bank Account > Continue. You'll be presented with a screen where bank logos are displayed.
  3. Scroll down to Don't see your bank? Search instead.
  4. Searching for a non-listed bank will display an option to Link your bank manually.
  5. A new prompt will appear. Select Get Started.
  6. You'll be asked for your bank's routing number, your bank account number, the name on the bank account, and type of account being linked (Checking or Savings). Enter your banking details and full name then select Verify Account.
    • Note that the name on the linked bank account must match the verified name on your Coinbase account.

The verification procedure for adding cash will initiate two small test bank deposits to your bank account. Only enter the "cent" portion of the amounts. For example, if the amounts on your bank statement are $1.10 and $1.20, enter:

  • 10
  • 20

Once the bank deposits have reached your account (generally in 2-3 business days), you can verify the amounts by selecting verify for your bank account on the Payments Method page.

Once complete, you can initiate your first buy. You can also use your linked bank account to receive funds from Sell orders or cashouts from your USD Wallet.

Please note, the name of your bank account must match the name of your personal Coinbase account for Coinbase.com. If you would like to use a business bank account instead, please consider applying for an account on Coinbase Prime. For more information on how to use a bank account as a payment method, please visit our help page.

Debit Card

Visa and MasterCard debit cards can be used to buy using Coinbase. We're unable to support prepaid cards or other cards without an associated billing address.

To learn more about how to cash out funds using your debit card please see, Instant Card Cashouts.

In most cases, photo ID verification is required before adding a card.

To add a debit card, follow these steps:

  1. In Payment Methods > select Link a New Account > Debit Card.
  2. Provide your debit card information.
  3. Two small, temporary debits will be applied to your card.
  4. Go to your card online banking statement to find the two amounts.
  5. Enter those amounts on Coinbase to complete adding and verifying your card.

You can now make a purchase by selecting your card on the payment methods menu on the Buy page. Please note that it is not possible to sell cryptocurrency and have the funds sent to a card.

All debit card payments are processed through Coinbase, Inc.

Note: Coinbase no longer supports linking new credit cards, and some card issuers are blocking cryptocurrency purchases with existing credit cards. If you have a credit card linked already, your bank may charge additional fees for Coinbase credit card purchases. We encourage affected customers to switch to a debit card or linked bank account instead.

Apple Pay

You can purchase crypto through Coinbase using Apple Pay linked to your debit card. Adding cash, cashing out, and selling your crypto is not available with Apple Pay at this time. 

Limits

Your limit to purchase crypto on Coinbase using Apple Pay is equal to the sum of both your own debit card's transaction limit and Coinbase limits.

Your can view your limits on the Account limits section of your Settings. Purchase and deposit limits will be different depending on your region and payment method type.

For example, if you add Apple Pay to your account and your card's transaction limit is $1,000, you can purchase up to $1,000 worth of crypto in a 24-hour period in addition to the limit on your Coinbase account. 

How do I use Apple Pay with Coinbase? 

  1. Select the cryptocurrency you wish to buy.
  2. Enter the amount.
  3. Select Apple Pay from the list of available payment methods

If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a payment method when you’re buying crypto with Coinbase on an Apple Pay-supported iOS device or Safari web browser. If you’re on Safari web app, make sure you're signed into your Apple account. 

Apple Pay is not available on Chrome browser at this time.

Why was my transaction canceled? 

If your transaction is canceled, please contact your card issuer. 

Why don’t I see Apple Pay as an available payment method?

  • Make sure you’re using an iOS device or Safari and that you are signed into your account

  • Make sure OS is up to date

  • Contact Apple Pay support 

Bank Wire

Adding cash from a wire into Coinbase

Coinbase can only accept wires if:

  • The name on the bank wire matches the legal name on your Coinbase account.
  • The wire is sent from a US-based bank account.
  • The account the wire is sent from is associated with your Coinbase profile—your bank account cannot be linked to another Coinbase account. Also, please note that you can only have one personal Coinbase account.
  • Your unique reference code or Coinbase wire account number is included with the wire transaction.*
  • The "Reference to Beneficiary" field in the wire details is left blank unless a unique reference code is required.
  • The exact routing information is being used from your wire details. Please use the designated wire details from your Coinbase account to send the transfer.

Note: There are no wire transaction or cashout minimums, however there is a wire fee ($10 for incoming transfers and $25 for outgoing transfers). You must have completed sufficient account verification to obtain a USD wallet.

*You’ll be given a virtual account number or a reference code, but you don’t need both. If a reference code is not provided, then use your unique account number. Depending on your banking institution, your bank may further ask about this transaction, in which it may be helpful to tell your bank that you were assigned a "Virtual Account Number (VAN)” to complete this transfer.

To add cash using a bank wire:

  1. Select the Portfolio tab.
  2. Select your USD wallet.
  3. Select Add cash.
  4. Make sure to select Wire Transfer tab from the Add USD menu.
  5. Use the information displayed to initiate a wire transfer denominated in USD from your bank account. 

Please be careful not to send an overnight or next day *ACH*. Only actual bank wires ("FedWire") are supported at this time.

After the cash transaction into Coinbase has cleared, the funds will be available in your Coinbase USD Wallet. If you would like to add cash to your Pro wallet, please log in to your Pro account to view your instructions.

Wire cashouts from Coinbase

Once you complete the verification steps to activate a USD Wallet and verify your wire cashout information, you can cash out from your USD wallet via bank wire. 

To verify your wire cashout information, go to Payment Methods and select Link a New Account. Follow the prompts to enter the wire details provided by your bank (this will add your bank account).

Once your wire information has been added, to cash out via bank wire:

  1. Select your USD wallet on the left side menu of the Portfolio page.
  2. Select Cash out.
  3. Select Wire transfer in the To field.
  4. Confirm the amount and select Cash out again.

Wired funds will typically appear in your account within 2-3 business days.

*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.

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