Coinbase Won T Let Me Withdraw

Concluding Updated on July 16, 2022

Coinbase Logo

Table of contents:

  1. What is Coinbase API?
  2. What is Coinbase?
    • What can I merchandise on Coinbase?
    • What are the pricing and fees of Coinbase?
  3.  Why should I use Coinbase API?
  4. Why shouldn’t I employ Coinbase API?
  5. What alternatives are there to Coinbase API?
  6. What are the business relationship types for Coinbase API?
  7. What are the libraries for the Coinbase API?
  8. How to get started with the Coinbase API?
  9. How do I retrieve my account residue using the Coinbase API?
  10. How to get real time price data for Bitcoin using Coinbase API?
  11. How to retrieve spot price data with the Coinbase API?
  12. How to retrieve historical data using the Coinbase API?
  13. How to access technical indicators such as the 20 SMA with the Coinbase API?
  14. How to send and receive Bitcoin with the Coinbase API?
  15. How to buy and sell Bitcoin with the Coinbase API?
  16. What are access and refresh tokens in the Coinbase API?
  17. Potential errors and alarm
  18. Download Code

What is Coinbase API?

Coinbase API is a method for united states of america to merchandise cryptocurrencies on Coinbase automatically via code.

What is Coinbase?

Coinbase is a trading platform allows u.s.a. to buy, sell and shop cryptocurrencies.

Coinbase also provides a Coinbase Mobile App which is available on IOS and Android. Their mobile app provides users with the possibility to trade on the go. Their services are widely available counting up to more than than 100 countries.

Here are some user and revenue statistics most Coinbase: Coinbase Statistics.

What can I merchandise on Coinbase?

When it comes to the tradable assets, Coinbase offers various cryptocurrencies similar:

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • XRP
  • Litecoin
  • Dash
  • EOS
  • Tezos
  • Augur
  • Stellar
  • USD Money
  • Ethereum Classic
  • Chainlink, and many more.

What are the pricing and fees of Coinbase?

If you want to larn about the pricing and fees of Coinbase which depend on things like your location and transactions, check out this link: https://aid.coinbase.com/en/coinbase/trading-and-funding/pricing-and-fees/fees

The example for the fees that Coinbase gives us is the post-obit:

  • If the total transaction amount is less than or equal to $ten, the fee is $0.99 | €0,99 | £0,99
  • If the total transaction amount is more than $10 just less than or equal to $25, the fee is $1.49 | €1,49 | £1,49
  • If the total transaction corporeality is more than than $25 just less than or equal to $50, the fee is $1.99 | €1,99 | £1,99
  • If the total transaction amount is more than than $l but less than or equal to $200, the fee is $2.99 | €ii,99 | £2,99

Why should I use Coinbase API?

  • Flexible Trading Platform
  • Has many trading tools such as the Coinbase Pro API
  • Provides educational materials
  • Expert customer service
  • Offers a variety of more than than 25 cryptocurrencies
  • The interface is easy to use
  • Has high liquidity exchanges

Why shouldn’t I use Coinbase API?

  • Not regulated in all countries
  • Only offers cryptocurrency trading
  • There are not any MetaTrader platforms
  • Doesn’t offering online chat support
  • No official libraries
  • High fees (standard version is overpriced)
  • Coinbase Pro is severely defective in features (i.eastward. only two EMA indicators available)
  • No command over the wallet primal
  • Doesn’t offering all the altcoins that an altcoin trader would adopt

What alternatives are there to Coinbase API?

Coinbase API can be replaces with some alternatives and they are the post-obit:

  • Gemini
  • Binance
  • Kraken.io
  • CoinGate
  • CoinPaymets
  • GoCoin
  • Coinomi
  • Cryptopay
  • Blocknomics
  • Blockchain
  • BitPay and more…

What are the business relationship types for Coinbase API?

They also have 3 types of accounts with a minimum 1$ deposit (this tin change depending on the account).

First blazon

The start i is your uncomplicated Coinbase API for beginners and individual traders. Information technology has many usages and some of them are the following:

  • Generate bitcoin cash, bitcoin, litecoin and ethereum wallets and addresses.
  • Securely store the coins.
  • Obtain real-fourth dimension and/or historical price data.
  • Go notified when the payments arrive.
  • Send/receive or sell/buy bitcoin cash, bitcoin, litecoin and ethereum.

Hither is a link to its full documentation: https://developers.coinbase.com/

2nd blazon

The 2nd one is the Coinbase Pro API that provides individual traders the ability to trade various assets. It has an intuitive and easy to utilize interface.

This app is primarily built for advanced crytocurrency traders. Coinbase Pro API too has many tools like the following:

  • Order book and candlestick nautical chart
  • Limit and market place orders
  • Portfolio overview

Hither is the link to the Coinbase Pro API documentation: https://docs.pro.coinbase.com

3rd blazon

The third integration is the Coinbase Prime API that is a professional trading platform built for institutional traders. With information technology, they proceeds access to various liquidity pools for all Coinbase products. Its uses are aimed for the following types of traders:

  • Financial institutions
  • Liquidity providers
  • Crypto businesses
  • Nugget Issuers
  • Institutional investors

On the post-obit link you can learn more than about the Coinbase Prime by reading the resources they offer: https://primebroker.coinbase.com/resource-center

If yous want to cheque out the Coinbase API GitHub repo, you can practice it on the following link: https://github.com/coinbase/coinbase-python

What are the libraries for the Coinbase API?

Coinbase doesn’t offer official libraries and the ones we can use are built by the community. The customer libraries are the following:

  • Python
  • Coffee
  • Rust
  • C#
  • Go
  • Scarlet
  • Node.js
  • Haskell

How to get started with the Coinbase API?

In order to go started with the Coinbase API, nosotros’ll need to become over to their website (https://www.coinbase.com) and sign up for an business relationship.


In the tiptop right corner you lot’ll see a “Get started” push button that will take you to the account creation screen when you click it. After that, you’ll enter your first and last name, electronic mail and password. When everything is written click the “Create account” button.

After that, you’ll need to verify your e-mail and add a mobile phone number for 2-step authentication. Be sure to accept your telephone with you as you’ll get a lot of authentication messages while following through this commodity.


The next step is to obtain our API fundamental. When you’re all logged in, click on your profile icon in the top right corner and go to settings. From there, click on the API section and press the “+ New API Fundamental” button.


The following screen will appear:


You’ll select the type of account yous want and permissions you’ll take access to. For this article I’ll select both accounts and all permissions. On the newly appeared window you can also select the notification URL and input allowed IP addresses.

When you’re done click create. Besides, have in mind that you can create multiple API keys with your account. When created, you lot’ll get your API key and API Underground.


For all of our next examples we’ll exist using Python, and then permit’s go ahead and install the Coinbase API with the following command:

How practise I call up my account balance using the Coinbase API?

Coinbase API allows usa to recall our business relationship residuum just one at a time for each account. In the following instance I’ll prove how we can add upward all of those accounts to become a full account balance sum.

Firstly, let’south import the Coinbase API library with the following command:

          from coinbase.wallet.customer import Customer
        

The side by side pace is to add our Coinbase API Key and the Coinbase API secret. After adding them we’ll commencement the customer and cosign them:

          coinbase_API_key = “Your API Key” coinbase_API_secret = “Your API Secret” client = Client(coinbase_API_key, coinbase_API_secret)
        

Afterward our client is running and the key is authenticated we’ll specify the starting account balance upon which the summation process volition begin.

Now, we’ll go our accounts and for each wallet in our accounts data we’ll append the wallet name and the native remainder (USD). After that, each wallet will be added to the total sum and the total account balance bulletin will exist shown:

          accounts = client.get_accounts() for wallet in accounts.data:     message.suspend( str(wallet['name']) + ' ' +   str(wallet['native_balance']) )     value = str( wallet['native_balance']).supplant('USD','')     total += bladder(value) bulletin.append( 'Full Rest: ' + 'USD ' + str(total) ) print ('\n'.join( bulletin ))
        


How to get existent time toll information for Bitcoin using Coinbase API?

Getting real fourth dimension prices with the Coinbase API is quite piece of cake. The showtime matter nosotros need to do is import the relevant library and authenticate our API key:

          from coinbase.wallet.client import Client coinbase_API_key = “Your API Key” coinbase_API_secret = “Your API Hush-hush” client = Client(coinbase_API_key, coinbase_API_secret) Now, we’ll specify the currency code we want to obtain: currency_code = “EUR”
        

Now, we’ll specify the currency code we want to obtain:

          price = client.get_spot_price(currency=currency_code) print ('Electric current bitcoin price in %s: %s' % (currency_code, price.corporeality))
        


How to retrieve spot price data with the Coinbase API?

Retrieving spot cost data with the Coinbase API is easy to do. For this example let’s call back the historical Bitcoin to USD spot price for the 06.06.2020 date.

As in our previous examples we’ll import the library and authenticate the API key:

          coinbase_API_key = “Your API Primal” coinbase_API_secret = “Your API Hugger-mugger” customer = Client(coinbase_API_key, coinbase_API_secret)
        

After this, let’south ask for the spot cost date of our asset with a specified appointment time:

          price = client.get_spot_price(currency_pair= 'BTC-USD', date='2020-06-06')
        

That’s it. 😀


How to retrieve historical data using the Coinbase API?

In this example we’ll obtain the historical cost data for Ethereum converted to the EUR value. In order to practice this we’ll import the relevant libraries and authorize our API key:

          from coinbase.wallet.client import Client from coinbase.wallet.model import APIObject coinbase_API_key = “Your API Key” coinbase_API_secret = “Your API Undercover” client = Client(coinbase_API_Key, coinbase_API_Secret)
        

After that, we’ll ask for the historical price data:

          client._make_api_object(customer._get('v2', 'prices', 'ETH-EUR', 'celebrated'), APIObject)
        


Allow me to evidence you lot how to get historic rates using the Coinbase API Pro equally I find information technology more thorough to use. Firstly, we’ll demand to install the Coinbase API Pro every bit information technology has its own library and documentation.

          pip install cbpro import cbpro public_client.get_product_ticker(product_id='ETH-USD')
        

Now, let’south access the public client that the Coinbase API Pro.

          public_client = cbpro.PublicClient()
        

After this, let’southward obtain the list of products:

          public_client.get_products()
        

And check for the ticker we’ll work on:

          public_client.get_product_ticker(product_id='ETH-USD')
        


Now, let’s obtain the historic rates:

          data =public_client.get_product_historic_rates('ETH-USD')
        


This data will lead united states straight to the next affiliate where nosotros will hash out the unproblematic moving boilerplate.

How to access technical indicators such every bit the 20 SMA with the Coinbase API?

In this example, I’ll testify yous how to create the 20 SMA and admission other technical indicators. Accept in mind that this example is leaning on the previous one, so if you jumped to hither, be sure to read the chapter above.

For this to work, nosotros’ll import the following libraries:

          import pandas every bit pd import btalib
          
        

The bta-lib library is a technical indicator library made by the creator of the Backtrader backtesting framework.

Now, we shall only keep what we need from the obtain information and that is the appointment, loftier, low, open, close. We don’t need the final column so permit’s go rid of information technology:

          for line in data:     del line[5:]
        

After information technology is cleaned, let’southward create a pandas information frame and name the columns:

          dataframe = pd.DataFrame(data, columns=['date', 'open', 'loftier', 'low', 'close']) dataframe.set_index('date', inplace=True) print(dataframe.head())
        

And let’due south salve our information frame to a CSV file:

          dataframe.to_csv('HistoricRates')
        

Pandas tin practice a lot of stuff and I’yard going to calculate the 20SMA with it first and and so show you how to exercise it with the bta-lib that tin can admission more than indicators such as the RSI.

          dataframe['20sma'] = dataframe.close.rolling(20).hateful() print(dataframe.tail(5))
        


And the other one:

          sma = btalib.sma(dataframe.close) impress(sma.df)
        


Every bit the bta-lib calculates the 30 simple moving average, we’ll need to alter information technology. And while at it, permit’s add it to our information frame some nosotros can compare the ii xx SMA:

          dataframe['sma'] = btalib.sma(dataframe.shut, period=20).df print(dataframe.tail())
        


How to send and receive Bitcoin with the Coinbase API?

In order to receive or send Bitcoin with the Coinbase API we’ll need to go through the following steps:

  • Generate a bitcoin accost in order to receive funds
  • Ship funds from the Coinbase wallet to a bitcoin accost or e-mail
  • Request funds via email address

Permit’due south start past creating our bitcoin address for the principal wallet. Firstly, nosotros’ll add the required library and authenticate the API central and clandestine:

          coinbase_API_key = “Your API Cardinal” coinbase_API_secret = “Your API Secret” client = Client(coinbase_API_key, coinbase_API_secret)
        

Now, let’due south create a chief account address:

          primary_account = client.get_primary_account() address = primary_account.create_address() print (address)
        


After creating the address we can send funds to it. With the following code we’ll be able to send the funds to our main wallet:

          primary_account = customer.get_primary_account()  send = primary_account.send_money(to=address,                                 amount='0.01',                                 currency='BTC')
        

If we want to receive funds the code is similar with a few alterations. We tin even specify an email or an accost for our request:

          primary_account = client.get_primary_account()  tx = primary_account.request_money(to=’[email protected]’,                                    amount='0.1',                                    currency='BTC')
        

Another and easier manner is to log in to your Coinbase profile and in the upper right corner click ship or receive. After that a window volition pop-up asking yous to specify to whom, add a annotation, and payment type.

How to purchase and sell Bitcoin with the Coinbase API?

As in our previous examples we’ll import the library and qualify our API key:

          from coinbase.wallet.client import Client coinbase_API_key = “Your API Cardinal” coinbase_API_secret = “Your API Hugger-mugger” customer = Client(coinbase_API_key, coinbase_API_secret)
        

Before trying to buy or sell annihilation nosotros will need to check if our payment method is verified:

          payment_methods = client.get_payment_methods()
        

In order to buy or sell Bitcoin nosotros’d also desire to cheque for their prices. That can exist done with the following code:

          client.get_sell_price(currency_pair = 'BTC-EUR’)  client.get_buy_price(currency_pair = 'BTC-EUR’)
        


After confirming that nosotros can buy or sell bitcoin and checking their prices, we can become ahead and construct some simple price checks. These toll checks will run buy or sell functions when the cost of bitcoin crosses the specified threshold:

          account = client.get_primary_account() payment_method = client.get_payment_methods()[0]
        

Let’s add the thresholds:

          buy_price_threshold  = 300 sell_price_threshold = 450  At present, we volition ask for the currencies once more: buy_price  = client.get_buy_price(currency=’EUR’) sell_price = customer.get_sell_price(currency=’EUR’)
        

The next stride is to add the “if” statements that will bear the buying or selling requests. On top of that, we’ll likewise specify the currency (BTC):

          if float(sell_price.amount)    sell = account.sell(amount='1',                       currency="BTC",                       payment_method=payment_method.id)  if float(buy_price.amount)    buy = business relationship.buy(amount='1',                     currency="BTC",                     payment_method=payment_method.id)
        

When it comes to the Coinbase Pro, it offers a trading platform that we can employ. For this instance nosotros will employ their virtual sandbox and explore its features. The sandbox can exist establish on the following link:

https://public.sandbox.pro.coinbase.com/trade/ETH-BTC


As we can see, the options that are in forepart of united states of america are deposit and withdraw, and purchase and sell. For the buy and sell options we tin specify our amount, limit, and cease toll:


We can likewise alternate between the candlestick and line chart and also add overlays equally EMA 12 and EMA 26

For portfolio cosmos we tin click the portfolio button in the top right corner:


What are access and refresh tokens in the Coinbase API?

Coinbase implemented an optional security characteristic of OAuth2 that uses the refresh tokens. When we beginning authenticate, our app will give us an access token and a refresh token.

The purpose behind the access token is to authenticate our requests and information technology expires later on about two hours. When it is expired the refresh token comes into play every bit it allows united states of america to get a new access token and refresh token.

Have in mind that the refresh token doesn’t have an expiration engagement, but it can only be used once for a new set of access and refresh tokens.

Potential errors and warning

While writing this article I ran into several problems and informing you lot about them will be helpful.

Firstly, the libraries for the Coinbase API aren’t official and their updates aren’t frequent. In my opinion, the standard Coinbase API can’t compete with the Coinbase API Pro.

Also, y’all may run into bugs while writing the code that will say that the variable isn’t defined when it is. The workaround for this was to restart the kernel or move the line of code into a new cell.

Sometimes the code written in the Coinbase API documentation simply won’t work and thus you’ll need to rely on the source code that appears when yous try to run it.

The tutorials on the Coinbase API website are quite simplistic and they don’t go into the coding function much. Thus, I’d advise beginners to practice coding with other, more tutorial/lecture-friendly, API’due south earlier trying to learn this one.

Download Code

Link: https://github.com/Lucas170/Coinbase-API-Guide-AlgoTrading101

Source: https://algotrading101.com/learn/coinbase-api-guide/

Check Also

Will Dogecoin Go Up In Value

Will Dogecoin Go Up In Value

On Dec. 6, 2013, Billy Markus and Jackson Palmer decided to combine their dearest of …