You can use your European or UK bank account from any supported country to transfer euros to and from your Coinbase account. European residents can also buy bitcoin with a credit or debit card with a 3D Secure enabled card. The following article will walk you through the steps to get started with credit/debit card purchases: How Do I Buy Bitcoin with a Credit or Debit Card in Europe or the UK?
Deposit
The steps to initiate a SEPA deposit are as follows:
- Select EUR Wallet on the left side of the page
- Select the Deposit button at the top-right
- Use the information displayed to initiate a SEPA transfer in euros from your bank account. It is important to include the Reference Number to ensure that your deposit is correctly associated with your Coinbase account. UK customers will need to make an International SEPA transfer, otherwise the IBAN number will be invalid as incorrect in length.
Your funds will appear in your account 1-3 business days after you send them.
Please note: Your total EUR Wallet balance cannot exceed €30,000.00. Any excess funds will be sent back.
After the deposit has cleared (usually about two business days), you are free to use your euros to buy and sell bitcoin from the Buys and Sells pages on Coinbase.
Withdraw
Before you can withdraw euros to your bank account, you will first need to complete a successful SEPA deposit to your Coinbase EUR wallet.
To withdraw euros from your Coinbase account, follow these steps:
- Select EUR Wallet on the left side of the page
- Select the Withdraw button at the top-right
- Provide the requested information for your bank account if requested
- Confirm the withdrawal
Withdrawals typically take 1-2 business days to complete.
Please note that we only support the euro currency for SEPA transfers at this time. If you send a different currency in your deposit (such as dollars, pounds, kroners, etc.), the transfer will be rejected by our system and will automatically be returned to your bank account.
