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When it comes to managing and liquidating cryptocurrency, Coinbase Wallet stands out as a powerful tool. However, many users struggle with understanding how to cash out from Coinbase Wallet to a bank account securely and efficiently. In this guide, we break down each step and provide in-depth instructions covering everything from transferring crypto from Coinbase Wallet to Coinbase, converting digital assets to fiat, and eventually withdrawing money directly to your bank. Whether you're dealing with USDC, Solana, or other assets, this guide covers all essential paths for withdrawal and conversion.
 
Understanding the Difference between Coinbase Wallet and Coinbase
Before initiating a transfer, it's critical to understand that Coinbase Wallet is a separate product from the main Coinbase exchange. While Coinbase is a centralized exchange, Coinbase Wallet is a self-custody wallet, giving you full control over your private keys and crypto assets.
To cash out from Coinbase Wallet, you must first transfer your crypto to the Coinbase exchange, where you can sell your tokens and withdraw fiat currency like USD, EUR, or GBP to your bank account.
 
How to Transfer Money from Coinbase Wallet to Coinbase?
To initiate the cashing-out process, start by transfer your funds from Coinbase Wallet to your Coinbase account:

1. Open the Coinbase Wallet app.
   
2. Choose the crypto asset (e.g., Bitcoin, Ethereum, USDC) you want to send.
   
3. Tap “Send”.
   
4. Paste your Coinbase account wallet address (found in your Coinbase app under the corresponding asset).
   
5. Confirm the gas fee and transaction details.
   
6. Click “Confirm” to initiate the transaction.
   

1. Open the Coinbase app or website.
   
2. Navigate to the “Assets” section and select the crypto you transferred.
   
3. Click “Sell”.
   
4. Choose the amount you want to sell and the currency you want to receive (usually USD).
   
5. Confirm the transaction.
   

1. On the Coinbase dashboard, click on “Cash Out”.
   
2. Choose the amount to withdraw and the linked bank account.
   
3. Confirm and submit the withdrawal request.
   

• Transfer your crypto to Coinbase
  
• Sell it for fiat
  
• Withdraw fiat to your bank
  

1. Go to your Coinbase account.
   
2. Select USDC > Sell.
   
3. Choose the fiat currency (USD).
   
4. After selling, go to Assets > Cash Balance > Cash Out.
   
5. Select your bank account and complete the withdrawal.
   

1. Send your USDC to Coinbase exchange.
   
2. Sell USDC for fiat.
   
3. Withdraw fiat to your bank.
   

1. Send SOL from Coinbase Wallet to Coinbase Exchange using your SOL deposit address.
   
2. Once received, go to Sell > SOL > USD.
   
3. Withdraw the USD to your linked bank account.
   

• Transfer your crypto to Coinbase
  
• Sell the crypto
  
• Withdraw fiat to your bank
  

• Incomplete identity verification.
  
• Bank account not properly linked.
  
• Network congestion.
  
• Minimum withdrawal limits not met.
  

• Use stablecoins like USDC to avoid price volatility.
  
• Transfer crypto during low gas fee periods.
  
• Avoid converting to fiat through multiple exchanges.
  
• Always check for Coinbase’s fee structure before confirming transactions.
  

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1. Attracts More Donors: Since donors get tax benefits, they are more inclined to contribute.
   
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• Charitable Trusts
  
• Societies registered under the Societies Registration Act
  
• NGOs registered under Section 8 of the Companies Act, 2013
  
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• PAN of the organization
  
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• Annual accounts and activity reports (past 1-3 years)
  
• Bank statement of the organization
  
• Utility bill or proof of registered office address
  

• Navigate to “e-File” > “Income Tax Forms” > “File Income Tax Forms”
  
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• Preparing and reviewing documents
  
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