How To Sell On Coinbase?
Coinbase is the exchange that is used by people in different parts of the world. So How To Sell On Coinbase? Can be the question asked by its user.
Coinbase is the exchange that allows you to buy or sell directly into your wallet. It is one of the most used cryptocurrency exchange providing you the fast and secure transactions. You can use it to sell the cryptocurrency from your wallet with no limit means you can sell any amount you have.
It is at present providing its services in approximately 32 countries for the currency like Bitcoin Cash, Ethereum, Litecoin and so on. But you can do the bitcoin transaction and storage in 190 countries worldwide.
It is available in the form of the android, iOS application for the users.
How To Sell On Coinbase?
If you are new to the coinbase then you might come up with this question. But before that you need the following things to have:
- Reside in supported state or country
- Identification Proof for verification.
You must understand that while using the Coinbase you must connect your wallet with your bank account. Otherwise, you will not be able to perform any function on the coinbase.
This is an easy process which can be done by following these steps:
- Sign in your coinbase account and connect it to your wallet.
- Click on the “Buy/Sell” button provided on your dashboard.
- When you do that a pop up will come where you have to select the “Sell” as an option.
- Select the currency you want to sell. You can sell any cryptocurrency you have in your wallet.
- Here you have the option to sell the all your coins or the limited amount as you wish. This because there is no limit for the user on the coinbase to sell.
- Once you have done that click on the sell button and it’s done.
These are the simple steps which are required to be done to sell to the cryptocurrency. The coin is sold instantly but the money will come to your wallet in 1-2 days.
You might have sold the cryptocurrency for various reasons but you might want to redeem that money and use it. So to get that you have to do the simple procedure:
- On the left side menu of the account page, you will find the USD wallet, click on it.
- Select the “Withdraw” button.
- Select or enter the bank you want to wire your money.
- Confirm the amount you want to withdraw.
- Select Withdraw
So, withdraw your money using these steps.
From this article, you have got the answer to the question – How To Sell On Coinbase? But before using the coinbase you must remain vigilant as there are great numbers of fraudsters available in the market which can steal your money. So do not share any kind of information with anyone.