Category

How to Link A Bank Account to Coinbase?

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Administrator

by admin , in category: Discussion , 16 days ago

Linking a bank account to Coinbase is a straightforward process. Follow these steps to get it done:

  1. Log In to Your Coinbase Account:
  • Go to Coinbase and log in with your credentials.
  1. Navigate to Settings:
  • Click on your profile icon or the "Settings" option in the menu.
  1. Select the Payment Methods Tab:
  • In the settings, find and click on the "Payment Methods" tab.
  1. Add a Payment Method:
  • Click on the "Add a payment method" button.
  1. Choose Bank Account:
  • Select "Bank Account" from the list of available options.
  1. 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.
  1. 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.
  1. Confirm the Test Deposits:
  • Return to the "Payment Methods" section.
  • Enter the exact amounts of the test deposits to verify your bank account.
  1. 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.

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