Coinbase won't let me cash out: Top reasons and remedies  

Coinbase is an exchange that became popular due to many reasons and one of the reasons among several others is the seamless trading experience it offers to its users. However, despite the availability of a wide range of features and functionality, you may still face issues while transacting on Coinbase. Recently, a lot of users said that "Coinbase won't let me cash out."

Such users are interested to know the reason behind this happening. So, if you are also one of them, then you might be interested to figure out the major cause of the problem. Today, in this article, we thought of helping you out with the same. Hence, I suggest you stay tuned and keep reading till you find a satisfactory answer.

Common reasons why you are not able to cash out on Coinbase

If you ask an expert- why Coinbase won't let me cash out, he would come up with several reasons for the same and some of them have been explained below to let you have a better understanding of it:

• Pending ID verification: to maintain the trustworthiness of the platform, Coinbase asks users to complete the identity verification process right after they fill out the registration form. Failing this, you will eventually land into trouble while cashing out from Coinbase. 

• Congested networks: In case you are still wondering why Coinbase won't let me cash out then you need to understand the fact that Coinbase is being used by a lot of users on a large scale. This leads to network congestion ultimately causing problems in transactions. 

• Not abiding by the withdrawal limits: In case you are cashing out funds below the set withdrawal limit, then you'll surely face this issue. In addition to that, if you withdraw more than the daily set limit, then you'll surely come across this problem. 

• Incorrect withdrawal address: To cash out funds from your Coinbase account, you eventually need to provide a wallet address. If this address is incorrect, then you will not be able to cash out any funds. 

• Breaching of Coinbase policies: sometimes a small mistake can cost you a lot. Hence, if none of the factors given above are responsible for this problem, then you must have violated some of the policies set by Coinbase leading you to wonder why Coinbase won't let me cash out. 

Some quick resolutions to eliminate the issue 

Well, by looking at the reasons given above, you will be able to understand why Coinbase is not letting you withdraw money from your account. So, here are some sure-shot ways you can try if you wish to get rid of the issue at the earliest and cash out your money without any hassle:

• Use the correct wallet address after verifying the same

• Make sure you are not going against Coinbase policies

• Keep a track of the daily withdrawal limits

• Ensure that you are not cashing out below the set withdrawal limit

• In case of network congestion, we suggest you cash out after a couple of hours

Concluding thoughts: 

Now that you know the reasons why Coinbase won't let me cash out, you can surely go ahead and apply these tried and tested remedies to fix the issue. In case you are still facing the issue, you can get in touch with their customer service team who will surely help you out in the best possible manner.

For more information on this topic, you can navigate to the "Help" page available on their official website.