Withdrawing profits from Coinbase to bank?
Withdrawing profits from Coinbase to bank?
Up till today all I had done up till now was send money from my bank to Coinbase to purchase crypto but I have decided to cash out some profit to my bank for the first time.
I expected there to be a fee to withdraw any profit back to my bank but noticed that is only if I withdraw back to the card I deposit with which is a 2% fee, there is also an option to withdraw directly to my bank account which advises no fee.
Is that correct or am I missing something?
I thought Coinbase was bad for fees but if this option of withdrawing directly to my bank account with no fee then that is great news.
Andrew Peters Answered question
I just tested the withdrawal directly to my bank account option with zero fees and I received the money in less than 5 minutes , really quick!
Andrew Peters Answered question
