How do I change bank details in my Coinbase account?

To change your bank details in your Coinbase account, you will need to follow these steps:

1. Log in to your Coinbase account on the website or mobile app.
2. Go to the "Settings" or "Account" section of your account.
3. Look for the "Payment Methods" or "Linked Accounts" option.
4. Find the bank account that you want to change and click on it.
5. Look for an option to edit or update the bank details.
6. Enter the new bank details, such as account number, routing number, and account holder name.
7. Save the changes and verify the new bank account if required.

It's important to note that Coinbase may require additional verification steps to update your bank details for security purposes. Make sure to follow any instructions provided by Coinbase during the process.

Step-by-Step Guide to Changing Bank Details in Coinbase:

1. Log in to Coinbase:

- Visit Coinbase.com and sign in to your account.

2. Navigate to Settings:

- Click on your profile picture in the top right corner.
- Select "Settings" from the drop-down menu.

3. Select "Payment Methods":

- Under the "Options" tab, click on "Payment Methods."

4. Remove Existing Bank Account:

- If you have an existing bank account linked to your Coinbase account, you need to remove it first.
- Locate the bank account you want to remove and click on "Remove."
- Confirm the removal by clicking "Remove Bank Account."

5. Add New Bank Account:

- Click on "Add Payment Method."
- Select "Bank Account" as the payment method.
- Enter your bank account details:
- Account number
- Routing number
- Bank name
- Click on "Add Bank Account."

6. Verify Bank Account:

- Coinbase will send two small deposits (usually under $1) to your account.
- Wait for the deposits to arrive (may take 1-3 business days).
- Once the deposits are received, log back into your Coinbase account.
- Navigate to "Settings" > "Payment Methods" > "Bank Accounts."
- Enter the amounts of the deposits in the corresponding fields.
- Click on "Verify."

7. Confirm Changes:

- Coinbase will verify your bank account and add it to your payment methods.
- You can now use the new bank account for withdrawals or deposits.

Tips:

- Make sure to enter your bank account details correctly.
- Verify your phone number and email address associated with your Coinbase account for added security.
- Only link bank accounts that you have authorized access to.
- Coinbase may take up to 72 hours to verify your bank account.