Using a bank account as a payment method for US customers

Customers in the US can make crypto purchases and/or transfer funds to and from their Coinbase account in three different ways:

  • ACH bank transfer

  • Wire transfer

The way that your funds are transferred is very different depending on the payment method that you choose. To use any of these payment methods:

  • You must have a bank account in your legal name and it must match the name on your Coinbase account

  • You cannot transfer funds to and from, or make purchases using an account that you don’t own

  • You will also be asked to verify that you own the bank account associated with your selected payment method.

Using a bank account is a great way to add cash or to buy crypto so that you can trade on Coinbase immediately, especially if you want to buy and sell with higher transaction limits. 

Difference between using debit card and ACH

ACH(Automated Clearing House) transfers are electronic bank-to-bank transfers processed by the Automated Clearing House. Using an ACH transfer, you can:

  • Fund your Coinbase account in advance of purchasing

  • Transfer funds from your coinbase account to your bank account

A debit card is a payment card that is linked to your bank account. When used, the card issuer’s system will check that there is enough of a balance in the bank account before allowing the purchase to complete. Please note, these transactions are not subject to the same purchase holds as an ACH transfer or purchase.

When will funds be available to withdraw from Coinbase?

How to determine when funds will be available for withdrawal:

  • Before confirming a bank purchase or deposit, Coinbase will tell you when the purchase or deposit will be available to send off Coinbase 

  • You'll see this labeled as Available to send or cash out

This is typically provided on the confirmation screen prior to processing a bank transaction.

Fore more information on your available balance, see Available Balance FAQ.

Will my withdrawal availability affect other purchases?

Yes. Your purchases or deposits will be subject to any existing restrictions on the account, regardless of which payment method you used.

In general, debit card purchases or wiring funds directly from your bank to your Coinbase USD balance do not affect your withdrawal availability - if no restrictions exist on your account, you can use these methods to purchase crypto to send off of Coinbase immediately.