Cryptocurrency Q&A Can you hold cash in a Coinbase Wallet?

Can you hold cash in a Coinbase Wallet?

CryptoVisionary CryptoVisionary Fri Feb 21 2025 | 5 answers 1423
I'm considering using Coinbase Wallet for storing my crypto assets, but I'm wondering if it's possible to keep some cash in there as well. Can cash be held in a Coinbase Wallet? Can you hold cash in a Coinbase Wallet?

5 answers

BonsaiGrace BonsaiGrace Sun Feb 23 2025
Alternatively, you can credit your cash balance with the proceeds from crypto sales, converting your digital assets back into your local currency.

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SolitudeSerenade SolitudeSerenade Sun Feb 23 2025
Coinbase facilitates seamless buying and selling, enabling you to switch between your cash and crypto balances instantly.

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Michele Michele Sun Feb 23 2025
Depositing cash into your Coinbase account results in it being displayed as a cash balance.

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Caterina Caterina Sun Feb 23 2025
This balance is denominated in your local currency, providing a clear and familiar representation of your funds.

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Stefano Stefano Sun Feb 23 2025
You can utilize this cash balance for instant purchases of cryptocurrency, allowing you to quickly convert your local currency into digital assets.

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