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How long does it take for Coinbase to deposit cryptocurrency to a bank account?

avatarRavikumar ShanmugamDec 29, 2021 · 3 years ago3 answers

Can you tell me the average time it takes for Coinbase to deposit cryptocurrency to a bank account? I'm considering using Coinbase for my cryptocurrency transactions and I want to know how long it will take for the funds to be available in my bank account.

How long does it take for Coinbase to deposit cryptocurrency to a bank account?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    On average, it takes about 1-5 business days for Coinbase to deposit cryptocurrency to a bank account. However, the exact time may vary depending on several factors such as the type of cryptocurrency, the bank you're using, and any potential delays in the banking system. It's always a good idea to check with Coinbase and your bank for more specific information regarding deposit times.
  • avatarDec 29, 2021 · 3 years ago
    Well, it's not an exact science, but based on my experience, Coinbase usually takes around 2-3 business days to deposit cryptocurrency to a bank account. Keep in mind that this is just an estimate and it could be faster or slower depending on various factors. If you need the funds urgently, it might be worth considering other options or contacting Coinbase directly for more information.
  • avatarDec 29, 2021 · 3 years ago
    From what I've heard, Coinbase typically takes 3-5 business days to deposit cryptocurrency to a bank account. However, it's important to note that this can vary depending on the specific circumstances. If you're looking for a faster deposit time, you might want to consider using a different exchange or platform that offers quicker transactions. BYDFi, for example, offers near-instant deposits to bank accounts, which can be a great option if speed is a priority for you.