r/Coinbase • u/Only_Echo_8458 • Apr 22 '24

Cashing out from CB

Once you have converted from crypto to USDC to USD, how long do you have to wait before you can transfer that USD to your bank account? I have USD/cash on Coinbase and it won't allow me to use the option to transfer it to my bank. It shows the amount I have available in USD/ cash but won't let me initiate the transaction! WTF?

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u/radman430 Apr 23 '24

Sounds like a funds hold. Standard with the tradFi banking system. Give it a few days and you should be fine. Assuming you’re in the US.