How To Transfer Funds From SoFi To Coinbase In 2023

The time it takes for withdrawals or transfers to Coinbase varies on the cryptocurrency. On average, it will take no more than a few minutes once the transaction is confirmed by both SoFi and Coinbase.

There is a flat $10 fee per withdrawal or transfer from a Coinbase account to a SoFi account.

In general, you should expect an easy and painless process. If you have any questions about this process or your Coinbase account, please contact SoFi customer service via phone or chat.

SoFi has a 97%+ success rate in processing transfers to Coinbase. However, it can take up to 3-to 5 business days, depending on your bank. A reminder that this transfer will be treated as "cash advances" by credit card companies.
Withdrawals to personal bank accounts are typically processed within 48 hours.

If you link your Coinbase wallet, funds will be covered under FDIC insurance for up to $250,000.

Yes, the transfer between SoFi and Coinbase is confirmed by e-mail. Please make sure that this email address is listed as an approved sender in your email settings.

You can see the latest value of the cryptocurrency you transferred into Coinbase by clicking on "Accounts" found in your wallet. You will then be directed to a page where you will see all crypto transactions with relevant price fluctuations. Click on any active transaction, and it will tell you the amount, net value, and exchange rate for that transaction.

To ensure the safety of your account, we highly recommend enabling 2-factor authentication on Coinbase. You can do so by clicking "Accounts" in your Coinbase wallet to see your current security setting.

The SoFi account home page after a successful transfer from SoFi to Coinbase.
Please be rest assured that all personal information, including your name, address, and phone number, is encrypted with bank-level SSL technology. In addition, your login credentials are only as secure as your own computer is. Make sure you enable 2-factor authentication on Coinbase for added security.

Yes, you can pause your pending transaction on the web app's "Transfers" tab. Click on the paused transaction and select the checkbox next to 'Pause Transaction.' You can resume a paused transaction by clicking the checkbox again.

In order for SoFi and Coinbase to cooperate, we must verify your identity. This is a precautionary measure that ensures the security of both our customers and their transactions by creating a record of who initiated the transaction. After you submit your information through the verification portal, it typically takes 2-3 business days to process.

For assistance with transferring funds between SoFi and Coinbase, please contact customer service via phone or chat. We are available 7 days a week from 8 am - 8 pm EST. You can also send us an email at support@sofi.com.

Please note that this transfer is treated as a cash advance by your credit card company, and it may be subject to different fees or interest rates. For more information regarding the terms of SoFi's lending product, please review the SoFi Money Agreement. You can also contact SoFi customer service for clarification at support@sofi.com or 866-296-8843.

If, after receiving your bank statement, you find that the amount transferred from SoFi to Coinbase was different from what was stated by SoFi in its confirmation email, please contact customer service immediately at support@sofi.com or 866-296-8843.

Transferring funds from SoFi to Coinbase is a simple and secure process. However, it can take up to 3-5 business days for the transfer between SoFi and Coinbase to complete. Hence, before transferring any amount, all customers should be aware of the time taken by their bank or credit card company to process cash advances. The transaction may also be subject to additional fees and interest.

Check the amount:
Before making a transfer from SoFi to Coinbase, it is essential for you to check the amount transferred. This can be done by logging in to your SoFi account and checking the balance on the "Transfers" section. You will also receive an email verification upon successful transfer of funds from your SoFi account to Coinbase. Check this email for the number of funds transferred.

Make sure to check the details:
Before initiating a transfer from SoFi to Coinbase, please make sure that you have entered the correct bitcoin address of your wallet on Coinbase. In case of entering an incorrect address, your funds may be transferred to a different digital currency wallet or an exchange.

In addition, it is vital for you to check whether the transfer between SoFi and Coinbase has been completed successfully. This can be done on the "Transfers" tab on your SoFi account or by logging in to Coinbase and checking your wallet balance.

Take necessary action:
Do not ignore emails from SoFi about pending transfers. By ignoring such emails, you may restrict yourself from resuming a paused transfer as well as block your ability to initiate future transfers.

It is vital for you to contact SoFi customer service if the amount transferred from SoFi to Coinbase was different than what was stated by SoFi in its confirmation email within 60 days of initiating the transfer.

If you do not take action before the 60-day period expires, your request will be closed, and your funds will be returned to the SoFi account from which they were transferred. In such cases, you may not be able to receive any refunds for fees paid on the transaction.

If you fail to enter the correct address of your digital currency wallet on Coinbase, it is possible for your funds to be transferred to an incorrect wallet or an exchange. In such cases, you will not be able to recover your coins, and they will be lost permanently. Hence, before making a transfer from SoFi to Coinbase, make sure that you have entered the correct digital currency address of your bitcoin wallet on Coinbase and check whether the transfer between SoFi and Coinbase has been completed successfully.