Bitcoin into Bank acct

Shifty · 09-29-20, 03:32 PM

Best to use "Coinbase Pro" instead of regular Coinbase. Lower fees and tighter spreads. This is the trading screen for Coinbase Pro https://pro.coinbase.com/trade/BTC-USD. First sell your Bitcoin, use market or limit order on the left on the screen. After you sell, click on Portfolios in the upper right, then click the withdraw button toward the upper right. If you already sold your Bitcoin on the regular Coinbase platform, click Portfolio--US Dollar--Withdraw. GL

Optional · 09-29-20, 09:18 PM

Originally posted by suckerbet

Can someone please explain to me how to get the Bitcoin from Heritage into my bank acct. I have a Coinbase acct and I have linked my bank acct, but I am stumped on how to get it into my actual bank acct. I only took a small amt out of heritage, as I knew it was time to stop waiting on checks...I need help....Thanks

If your bank account has been verified and attached to your Coinbase account, you should be able to choose to sell your bitcoin and have it sent direct to your bank account. The other option is to a US$ wallet inside Coinbase. If you don't see your bank account as an option, you'll need to ask Coinbase why.

themike78 · 09-30-20, 07:33 AM

A quicker way to do it is link a paypal account to coinbase. Paypal withdrawal is instant then you can transfer to your bank instant from paypal. Otherwise it will take a few days if you withdraw to bank account from coinbase.

suckerbet · 09-30-20, 10:46 AM

thanks all!!!

ajdickey · 09-30-20, 01:10 PM

Originally posted by suckerbet

Can someone please explain to me how to get the Bitcoin from Heritage into my bank acct. I have a Coinbase acct and I have linked my bank acct, but I am stumped on how to get it into my actual bank acct. I only took a small amt out of heritage, as I knew it was time to stop waiting on checks...I need help....Thanks

There is a much better way to access the funds. Get a BitPay Personal Wallet and apply for the BitPay Master Card. Once you have the BitPay Master Card, here is what you would do:

A. Request withdrawal from Heritage to your BitPay Personal Wallet.
B. Using your BitPay app, "Load Funds" from your BitPay Personal Wallet onto your BitPay M/C
C. Once the funds are loaded, you can withdraw them at any ATM or spend them as you would a debit card.

Much, much better than Coinbase.

capitalist pig · 09-30-20, 03:52 PM

Originally posted by themike78

A quicker way to do it is link a paypal account to coinbase. Paypal withdrawal is instant then you can transfer to your bank instant from paypal. Otherwise it will take a few days if you withdraw to bank account from coinbase.

Exactly from book to bank about 4 hours is what it took today for me

mrpapageorgio · 09-30-20, 07:32 PM

Originally posted by ajdickey

There is a much better way to access the funds. Get a BitPay Personal Wallet and apply for the BitPay Master Card. Once you have the BitPay Master Card, here is what you would do:

A. Request withdrawal from Heritage to your BitPay Personal Wallet.
B. Using your BitPay app, "Load Funds" from your BitPay Personal Wallet onto your BitPay M/C
C. Once the funds are loaded, you can withdraw them at any ATM or spend them as you would a debit card.

Much, much better than Coinbase.

Regularly moving money out in large amounts, yes. If he is doing it infrequently, it's not worth the $10 Bitpay card fee plus ATM fees and hassle of loading the card since he appears to be a novice.

lacoste · 09-30-20, 07:32 PM

Originally posted by ajdickey

There is a much better way to access the funds. Get a BitPay Personal Wallet and apply for the BitPay Master Card. Once you have the BitPay Master Card, here is what you would do:

A. Request withdrawal from Heritage to your BitPay Personal Wallet.
B. Using your BitPay app, "Load Funds" from your BitPay Personal Wallet onto your BitPay M/C
C. Once the funds are loaded, you can withdraw them at any ATM or spend them as you would a debit card.

Much, much better than Coinbase.

Hello,
Which daily ATM withdraw limit has bitpay **********?