Why Can’t I Send Funds from Coinbase Wallet to Bank or Exchange?

**Troubleshooting: Why You Can't Move Money from Coinbase Wallet to Your Bank or Another Exchange (Simple Explanation + Solutions for 2026)** - **What's this about?** Having trouble getting your funds from Coinbase Wallet to your bank or a different exchange? This guide breaks down the reasons why, shows you how to fix it, gives you some tips for keeping things secure, answers some questions, and shares best practices to get your crypto moving safely. ## **So, Why Can't I Send Money From Coinbase Wallet?** Wondering, **Why won't Coinbase Wallet let me send my money to my bank or another exchange?** It's something a lot of people run into, and it's easy to misunderstand. Here's the deal: 👉 **Coinbase Wallet doesn't link straight to your bank.** Think of Coinbase Wallet as just for crypto—it's not like a bank account or an exchange. To get money from your wallet to an exchange, and then to your bank, you gotta do things a certain way. This guide will tell you why you can't just send money directly and how to do it the right way without losing anything. --- ## **Here’s How Coinbase Wallet Really Works** ### **Coinbase Wallet vs Coinbase Exchange - What's the difference?** This is where most people get mixed up: * **Coinbase Wallet** * You're in charge here * Only deals with crypto * Doesn't handle regular money (like dollars or euros) * Can't send money straight to your bank * **Coinbase Exchange** * Someone else is in charge of your money * Works with regular money * Lets you take money out to your bank If you're trying to send money straight from Coinbase Wallet to your bank, it won't work because **banks deal with regular money, not crypto**. --- ### **Why Banks Can't Handle Crypto Directly** Banks only deal with: * Regular money (dollars, euros, etc.) * Standard payment systems Crypto wallets use **blockchain**, not bank transfers. That's why you always need an exchange in the middle. --- ## **Reasons Why You Can’t Send Money from Coinbase Wallet to Your Bank or Another Exchange** ### **Coinbase Wallet is Just for Crypto** Coinbase Wallet is only for sending crypto to: * Other wallets * Exchange deposit addresses * Digital agreements It can't: * Turn crypto into regular money * Send money to bank accounts --- ### **Not Enough Gas (Fees)** Even if you're sending to an exchange, you still need a little bit of: * ETH (Ethereum) * MATIC (Polygon) * BNB (BNB Chain) These are like fees for using the network. If you don't have enough, Coinbase Wallet won't send anything. --- ### **Using the Wrong Network or Type of Token** This is a super common mistake. For example: * Sending USDT on Ethereum to a USDT-TRC20 address * Sending ERC-20 tokens to a BEP-20 address The **network has to be an exact match**. --- ### **Mismatched Exchange Deposit Network** Exchanges often let you deposit the same coin on different networks. If the exchange says: * USDT (ERC-20) → you have to send it using Ethereum * USDT (Polygon) → you have to send it using Polygon If they don't match, your money could get stuck or lost. --- ### **Transactions are Stuck or Still Going Through** If you've already got a transaction that's not finished: * You might not be able to send more money * The wallet waits for the first one to finish This usually happens if the fees were too low. --- ## **Coinbase Wallet Shows Money, But I Can't Send It** Usually, this means: * The fees aren't included in what you see * You've already got a transaction pending * You're on the wrong network * The app isn't fully up-to-date Your money's still there, but it can't move yet. --- ## **Step-by-Step: Getting Money from Coinbase Wallet to an Exchange and Then Your Bank** ### **Step 1: Send Your Crypto to an Exchange** 1. Open your exchange (like Coinbase, Binance, Kraken, etc.) 2. Find **Deposit** 3. Pick the right: * Coin * Network 4. Copy the deposit address 5. Send the crypto from Coinbase Wallet ⚠️ Always make sure the network is right. --- ### **Step 2: Turn Crypto into Regular Money** Once the crypto shows up on the exchange: * Sell it for dollars, euros, or whatever your local money is You can't do this inside Coinbase Wallet. --- ### **Step 3: Take the Money Out to Your Bank** After you've sold the crypto: * Find **Withdraw** * Pick your bank * Finish the transfer This is the only way to get money to your bank. --- ## **Common Mistakes That Stop Transfers** * Trying to send crypto straight to a bank * Sending on the wrong network * Forgetting about fees * Sending everything (leaving nothing for fees) * Using the wrong deposit address Don't do these things, and you'll avoid most issues. --- ## **More Help If Things Still Aren't Working** ### **Clearing a Stuck Transaction** If a transaction is stuck, it can stop others. If you know what you're doing, you can: * Send a tiny transaction to yourself * Use the same code with higher fees --- ### **Putting Your Wallet in Another App** Since Coinbase Wallet lets you control your own money: * You can put your recovery phrase into MetaMask or Trust Wallet * Try sending from there If it works, the problem is with the Coinbase Wallet app. --- ## **Security Tips for Sending Money to Exchanges** * Never tell anyone your recovery phrase * Watch out for fake deposit pages * Always try a small amount first * Save the real exchange website address Security mistakes are harder to fix than technical ones. --- ## **When to Talk to Coinbase Support** Coinbase support can help if: * The app is buggy * Something's not showing up right * You need help understanding how the wallet works Only use official support: 👉 [https://help.coinbase.com](https://help.coinbase.com) Keep in mind: They can't send money for you. --- ## **How to Avoid Problems When Sending Money from Coinbase Wallet** * Always have money for fees * Double-check the network every single time * Don't rush when sending large amounts * Keep Coinbase Wallet up-to-date * Try a small test transaction first --- ## **Common Questions About Sending Money from Coinbase Wallet** ### **1. Can I send crypto straight from Coinbase Wallet to my bank?** Nope. Banks don't take crypto. ### **2. Why doesn't Coinbase Wallet have a bank option?** It's just for crypto. ### **3. Do I need Coinbase Exchange to get my money out?** Yep, or another exchange that works. ### **4. Why does the exchange say wrong network?** You picked the wrong blockchain when you sent the money. ### **5. Is my crypto gone if I sent it wrong?** Not always, but it can be tough to get it back. ### **6. Is this Coinbase's fault?** No, it's just how crypto and banks work. --- ## **Final Thoughts and What to Do** So, if you're scratching your head thinking, **Why can't I send money from Coinbase Wallet to my bank or another exchange?**, it's almost certainly because of the way things are set up, not a mistake or error. Coinbase Wallet keeps your crypto safe and lets you use blockchain stuff, but it's not for sending regular money. Once you get how it works—**Wallet → Exchange → Bank**—it's pretty easy to get your money where it needs to go. Crypto's different from old-school banking, but once you get the hang of it, it can be a real game changer.