Payment Methods for US Customers

Aug 01, 2017

Buy or Deposit

Coinbase supports a variety of payment methods for US customers to buy or deposit, including bank transfers, credit cardsdebit cards, and bank wires. Each of these methods is detailed below.

Link a Bank Account

Bank accounts can be added from the Payment Methods page.

Once you've chosen to link a bank account, you'll see the following screen:

Select your bank, or 'Other Bank' at the bottom if your bank is not listed.

If one of the listed banks is selected, you will be prompted with a login screen specific to your bank:

Your online banking username and password will be requested. These are used for a one-time verification step. Additional security questions (as well as a PIN) may be requested depending on your bank's security procedures. Your username, password, and all other information entered in this process are not stored by Coinbase, and once your bank account has been verified, the logs of your activity are deleted. Verification is simple, secure and fast!

If you are not comfortable sharing your online banking username and password, you may still proceed by selecting 'Other Bank' from the main menu and electing for the Deposit Verification process (please note this process generally takes 2-3 business days to complete).

Other Banks

If 'Other bank' is selected, you will be prompted for your bank's routing number, your bank account number, and the name on the bank account, as well as the type of account being linked (Checking, Savings, or Business checking).

Once your account details have been entered, you will have the option to proceed with an instant account verification (online banking login credentials required) or the deposit verification process.

Deposit Verification

The deposit verification procedure will initiate two small test deposits to your account (as well as a debit for the combined amount).  

Once the deposits have reached your account (generally in 2-3 business days), you can verify the amounts by clicking on the red 'verify' button for your bank account on the Payment Methods page.

Simply enter the two deposit amounts into the verification window:

Congratulations, your bank account is now verified and you can initiate your first buy.


Credit or Debit Card

You can add and charge a credit or debit card (Visa/MasterCard) directly when making a purchase. Funds purchased via this option will be credited to your account instantly. To Add a Credit or Debit Card:

  • Visit the payment methods page.

  • Select ‘Add Payment Method’ near the top of the page.

  • Choose 'Credit/Debit Card' on the payment method selector.
  • If you have not already done so, you will be required to complete a photo ID verification.

  • When ID verification is complete, you will be brought back to the card verification screen. Enter your card information (The address must match the billing address for the card).

  • If needed, add a billing address for the card.

  • Accept the prompt explaining the 2 pending charges we'll make to your card

  • Log in to your cardholder's account and check for the two small charges made.

  • Enter those amounts on the Coinbase verification screen.

  • You should now see a window that says “Credit/Debit Card Added’ and a ‘Buy Digital Currency’ button.

You can now make a purchase by selecting your card on the payment methods menu on the Buy page.

**Coinbase previously allowed for instant buys using a bank account with a verified backup credit card, but this feature is no longer supported. Customers with a verified backup credit card can still purchase instantly using their bank account, but if the card is removed, changed, or expires, the ability to purchase instantly using a bank will also be removed.

Bank Wire Deposit

Wire deposits are available to all customers who have completed sufficient account verifications to obtain a USD wallet. To deposit using a bank wire: 

  1. Select the Accounts tab
  2. Select your USD wallet
  3. Click on the "Deposit" button
  4. Make sure to select "Wire Transfer" from the "Pay in Method" menu
  5. Use the information displayed to initiate a Wire transfer denominated in USD from your bank account.
The name on the bank wire must match the legal name on your Coinbase account for the wire to be accepted.

It is also very important to include the Reference Number to ensure that your deposit is correctly associated with your Coinbase account. Wired funds will typically appear in your account within 1 business day after you send them.

Please be careful not to send an overnight or next day *ACH*. An actual bank wire must be submitted when sending to our wire details.
After the deposit has cleared, you are free to use your stored USD to make a purchase from the Buys page on Coinbase.

Sell or Withdraw

You can withdraw USD from your Coinbase USD wallet directly to your linked bank account (see linking instructions above), or via a bank wire. You can also place a sell order, with USD proceeds paid to your linked bank or PayPal account.


You can sell to your PayPal account by completing the following steps:

  1. You will need to first verify your ID to enable PayPal as a payout method.

  2. Once your identity has been verified, go to the payment method page.
  3. Click "Add Payment Method" and select "PayPal Account" from the options.

  4. Click 'Verify now with PayPal'. You will be redirected to PayPal, where you'll need to authorize Coinbase to use your PayPal account by signing in using your PayPal login information.

Your Paypal account will now be a payout method within your account. To sell digital currency to your PayPal account, go to, select 'Sell', then select 'PayPal account' as the Payout Method.

Deposits or purchases via PayPal are not currently available

Bank Wire Withdrawal

Once you complete the verification steps to activate a USD Wallet and verify your wire withdrawal information, you can withdraw funds from your USD Wallet via bank wire.

To verify your wire withdrawal information, follow this link and click "+Add Wire Withdrawal Information". Follow the prompts to enter the wire details provided by your bank and your bank will be added successfully.

Once your wire information has been added, to withdraw via bank wire:
  1. Select your USD wallet - located on the left side menu.
  2. Click on the "Withdraw" button.
  3. Make sure to select bank wire for the "To" field.
  4. Confirm the amount and select "Withdraw".
Wired funds will typically appear in your account within 1 business day.

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