Linking a bank account to Coinbase is a straightforward process. Follow these steps to get it done:
- Log In to Your Coinbase Account:
- Go to Coinbase and log in with your credentials.
- Navigate to Settings:
- Click on your profile icon or the "Settings" option in the menu.
- Select the Payment Methods Tab:
- In the settings, find and click on the "Payment Methods" tab.
- Add a Payment Method:
- Click on the "Add a payment method" button.
- Choose Bank Account:
- Select "Bank Account" from the list of available options.
- Select Your Bank:
- If your bank is listed, you can select it and log in using your online banking credentials to automatically link your account.
- If your bank is not listed, you will need to enter your bank details manually. This includes your bank’s routing number and your account number.
- Verify Your Bank Account:
- Coinbase will make two small test deposits into your bank account. This can take 2-3 business days.
- Once you see these deposits in your bank account, log back into Coinbase.
- Confirm the Test Deposits:
- Return to the "Payment Methods" section.
- Enter the exact amounts of the test deposits to verify your bank account.
- Complete the Process:
- Once verified, your bank account will be linked, and you can use it for buying and selling cryptocurrencies on Coinbase.
Tips and Considerations:
- Ensure that the name on your bank account matches the name on your Coinbase account to avoid any issues.
- Keep your banking information secure and do not share your Coinbase login details with anyone.
- If you encounter any issues, Coinbase provides support through their Help Center.
By following these steps, you should be able to successfully link your bank account to your Coinbase account.