How to send money from my coinbase wallet to my bank

What’s the difference between the Coinbase app and the Coinbase Wallet app?

The Coinbase app (available on iOS and Android) is the company’s product for individuals looking to buy or sell cryptocurrencies, also available at Coinbase.com. It is an easy, secure, regulated on-ramp to crypto using US dollars or other local fiat currencies. You can safely store crypto on Coinbase so you don’t have to worry about managing your own private keys. Coinbase.com and the mobile apps are available in more than 100 countries.

The Coinbase Wallet app is a separate, standalone app that allows users to store, or custody, their own crypto, and explore the decentralized web with a dapp browser. You do not need a Coinbase account to use the Coinbase Wallet app. Coinbase Wallet helps users manage their own private keys and store their crypto assets directly on their devices, not with a centralized brokerage or exchange. You cannot connect Coinbase Wallet to your bank account to buy or sell cryptocurrencies with US Dollars or other fiat currencies. You can download and use Coinbase Wallet anywhere in the world.

Coinbase Wallet is your key to what’s next in crypto. Coinbase Wallet is a self-custody, mobile crypto wallet and web3 dapp browser that lets you take control of your crypto, NFTs, DeFi activity, and digital assets.

The all-new Coinbase Wallet mobile app is the easiest and safest way to view, store and send your NFTs, earn yield on crypto with staking or decentralized finance (DeFi), and access thousands of decentralized applications (dapps). Web3 is more accessible and user-friendly than ever!

Wallet also makes it easy for you to securely store, send and receive Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Bitcoin Cash (BCH), Ether Classic (ETC), Litecoin (LTC), and hundreds of thousands of altcoins, including ERC20 tokens. Store digital assets in a secure, private wallet. You remain in control of your private keys, which are stored on your device using Secure Element technology. Because Coinbase Wallet is a self-custody crypto wallet, Coinbase never has access to your funds. You are in total control.

Why use Coinbase Wallet for your web3 browser and crypto self-custody wallet?
• Trade, swap, stake, lend and borrow to your heart’s content. Wallet has support for hundreds of thousands of tokens
• Best-in-class multi-chain wallet with support for Ethereum, Solana, and all Ethereum-compatible chains including Avalanche, Polygon, BNB Chain, Optimism and more. Transact on L1s, L2s, and everything in between
• Available in 25 languages and >170 countries around the globe
• Awarded Best Crypto Wallet for Beginners by Money.com, Mashable, and CNET

Welcome to the world of crypto
• Coinbase Wallet is your gateway to collecting NFTs, earning yield with DeFi, joining a DAO, and much more
• Coinbase Wallet is available in 25 languages, so you can say “hello” to web3 in your preferred language

Take control of your crypto
• Coinbase Wallet puts you in control of your crypto, keys and data
• Crypto and NFTs safely stored in one place
• View real time price charts for assets in your wallet, in your local currency
• Sign messages cryptographically with your private key

Support for hundreds of thousands of tokens and a whole world of dapps
• Access an ever-growing list of tokens and decentralized apps
• Securely store, send and receive Bitcoin (BTC) and Ether (ETH), as well as other popular assets like Bitcoin Cash (BCH), Ether Classic (ETC), Litecoin (LTC), Shiba Inu (SHIB) and all ERC-20 tokens
• Any NFTs (ERC721 collectibles) that you own are automatically added to your wallet

Industry-leading security
• Coinbase Wallet keeps your crypto and data safe so you can explore the decentralized web with confidence
• You remain in control of your private keys, which are stored only on your device using Secure Element technology
• Support for cloud backups of your recovery phrase help you avoid losing your assets if you lose your device or misplace your recovery phrase

Easily go from cash to crypto
• Coinbase Pay lets you fund your wallet from fiat with ease
• Optional ability to seamlessly link your wallet to a Coinbase account to access everything that Coinbase has to offer

Do more with your crypto
• Buy: Buy cryptocurrencies from Coinbase, the world’s most trusted cryptocurrency exchange
• Transfer: Transfer your crypto held in other exchanges or wallets to your new self-custody wallet
• Send: Send cryptocurrency payments to anyone, anywhere in the world
• Receive: Get cryptocurrency as payment from other users right to your virtual wallet
• Trade: Convert your crypto with decentralized exchanges (DEXes)
• Hold: Lend crypto with decentralized finance (DeFi) and earn interest*

It’s our mission to bring the power of cryptocurrency and decentralized applications to as many people as possible.

*Returns aren’t guaranteed. While loans are backed by collateral, there are still risks.

For feedback and assistance, you can reach us at [email protected]oinbase.com. You can also find us on Twitter: @CoinbaseWallet

Coinbase Wallet is your key to what’s next in crypto. Coinbase Wallet is a self-custody, mobile crypto wallet and web3 dapp browser that lets you take control of your crypto, NFTs, DeFi activity, and digital assets. Blockchain exploration made simple and secure.

The all-new Coinbase Wallet mobile app is the easiest and safest way to buy NFTs, earn yield on crypto with staking or decentralized finance (DeFi), and access thousands of decentralized applications (dapps). Web3 is more accessible and user-friendly than ever!

Wallet also makes it easy for you to securely store, send and receive Ethereum (ETH), Bitcoin (BTC), Solana (SOL), Bitcoin Cash (BCH), Ether Classic (ETC), Litecoin (LTC), and hundreds of thousands of altcoins, including ERC20 tokens. Store digital assets in a secure, private wallet. You remain in control of your private keys, which are stored on your device using Secure Element technology. Because Coinbase Wallet is a self-custody crypto wallet, only you have access to your funds.

Why use Coinbase Wallet for your web3 browser and crypto self-custody wallet?
• Trade, swap, stake, lend and borrow to your heart’s content. Coinbase Wallet supports hundreds of thousands of tokens
• Best-in-class multi-chain virtual wallet with support for Ethereum, Solana, and all Ethereum-compatible chains including Avalanche, Polygon, BNB Chain, Optimism and more. Transact on L1s, L2s, and everything in between
• DeFi & crypto wallet available in 25 languages and >170 countries around the globe
• Awarded Best Crypto Wallet for Beginners by Money.com, Mashable, and CNET

Welcome to the world of crypto and web3
• Coinbase Wallet is your gateway to collecting NFTs, earning yield with DeFi, joining a DAO, and more
• Enter the web3 ecosystem and say “hello” in your preferred language with 25 languages available

Take control of your crypto
• You are in control of your crypto, keys and data
• Crypto and NFTs safely stored in one place
• View real time price charts for assets in your virtual wallet, in your local currency
• Sign messages cryptographically with your private key

Support for hundreds of thousands of tokens and a whole world of dapps
• Access an ever-growing list of tokens and decentralized apps on Ethereum & other supported networks
• Securely store, send and receive Bitcoin (BTC) and Ether (ETH), as well as other popular assets like Bitcoin Cash (BCH), Ether Classic (ETC), Litecoin (LTC), and all ERC-20 tokens
• Any NFTs (ERC721 collectibles) that you own are automatically added to your wallet

Industry-leading security
• Keep your crypto and data safe and explore the decentralized web with confidence
• You remain in control of your private keys, which are stored only on your device using Secure Element technology
• Support for cloud backups of your recovery phrase help you avoid losing your assets if you lose your device or misplace your recovery phrase

Easily go from cash to crypto
• Coinbase Pay lets you fund your defi wallet from fiat with ease
• Optional ability to seamlessly link your wallet to a Coinbase account to access everything that Coinbase has to offer

Do more with your crypto
• Buy: Buy cryptocurrencies from Coinbase, the world’s most trusted crypto exchange
• Transfer: Transfer crypto held in other exchanges or wallets to your new self-custody wallet
• Send: Send cryptocurrency payments to anyone, anywhere in the world
• Receive: Get cryptocurrency as payment from other users right to your virtual wallet
• Trade: Convert your crypto with decentralized exchanges (DEXs)
• Hold: Lend crypto with DeFi and earn interest*

It’s our mission to bring the power of cryptocurrency and decentralized applications to as many people as possible.

*Returns aren’t guaranteed. While loans are backed by collateral, there are still risks.

For feedback and assistance, you can reach us at [email protected] You can also find us on Twitter: @CoinbaseWallet

Updated on

Nov 18, 2022

Finance

Written by Jane