Why can’t I withdraw from Coinbase?

There can be various possible reasons that Coinbase Won't let Me Cash out from the Coinbase. If you are also in the same trouble and looking for a reason why it is happening. Here are some possible reasons that Coinbase is refusing to withdraw money.

1. The account is frozen – If Coinbase freezes your account once then you will not be able to withdraw money from the Coinbase account. To fix this issue you will have to complete an identity verification to ensure it is you trying to get back your account.


2. Bank Account not linked to Coinbase account – You are trying to withdraw your cash but Coinbase denies it, once checked do you have set a payment method that can make and accept payments or wire transfers? If not then set the payment method first and then try to withdraw cash.


3. Not sold cryptocurrency for cash yet – First you will have to sell your cryptocurrency for fiat currency before you can withdraw it to your bank account. To sell your cryptocurrency you can go to the buy/sell page and select sell.


4. Blockchain network busy – It is a common reason that creates problems for users to withdraw cash because Bitcoin is one of the popular and sometimes there may be a huge number of transactions going on the network that’s why it denies to withdraw your cash.

How do I get my money out of Coinbase?

If you are also facing a problem Coinbase Won't let Me Cash out and are in trouble about how to get your money out of Coinbase, then follow the steps mentioned below to get your money out of Coinbase easily.

1. Sign in to your Coinbase exchange first.


2. Select the “Trading” tab option.


3. Now under the wallet balance click on the “Withdraw” option.


4. After this search and select the asset you want to withdraw.


5. Select a method to withdraw your money.


6. Enter the external wallet address in the “To” field.


7. Confirm that you are withdrawing the correct asset to the right address.


8. Enter the amount that you want to send and then click on the “withdraw” button.


9. Lastly, you might need to provide a 2-step verification to complete the withdrawal.

This is how you can get money out of your Coinbase Won't let Me Cash out.

Note – If you are one of those who are using multiple blockchain networks, then during withdrawal select the supported network you would like to use to process your withdrawal. After clicking providing the compatibility with the network you can easily get your money out of Coinbase.