Withdrawals

How can I withdraw the funds that I've received?

To withdraw your funds, sign in to your Coinbase Commerce account and click on the Withdraw button next to the relevant cryptocurrency in the Balances section. A window will pop up and ask   how much you would like to withdraw, and where you would like these funds to go.

Why do I have to pay a network fee to withdraw? 

A network fee is necessary in order to have your transaction processed by the decentralized cryptocurrency network. This fee goes to cryptocurrency miners, not Coinbase, as an incentive to secure the network and include your transaction on the blockchain.

There are a number of network-dependent factors that are used to calculate a withdrawal fee, making it difficult to predict these fees before attempting to withdraw. That being said, withdrawal fees for Bitcoin tend to be $1.00-$5.00, and fees for other cryptocurrencies tend to be under $1.00. In general, these fees will be higher when more payments are received

Is there a minimum amount that I have to withdraw?

Yes, but the minimum is small to ensure you always have access to your funds. These minimums fluctuate with exchange rates, but are generally under $0.10.

Is there a maximum amount that I can withdraw?

There are no maximum withdrawal limits on Coinbase Commerce—you can withdraw all funds at any point.

How can I convert my cryptocurrency into fiat or link a bank account?

At this time, Coinbase Commerce is a cryptocurrency-only service, meaning we do not support fiat conversion or withdrawing fiat to a bank account. If you would like to convert cryptocurrency that you have received into fiat and withdraw this fiat to your bank account, you can do so by withdrawing accepted cryptocurrency to a cryptocurrency exchange (like Coinbase.com).

 

Was this article helpful?

Can’t find what you’re looking for?

Contact us