How to Exchange Cryptocurrency on Coinbase

Posted 2 years ago in BUSINESS.

• Coinbase is an app that lets you buy and sell all sorts of Cryptocurrencies, like bitcoin, ethereum, litecoin and about 50 others

How to Exchange Cryptocurrency on Coinbase

KEY POINTS

  • Coinbase is an app that lets you buy and sell all sorts of Cryptocurrencies, like bitcoin, ethereum, litecoin and about 50 others.
  • You can also use Coinbase to convert one Cryptocurrency to another, or to send and receive cryptocurrency to and from other people.
  • Like stock trading apps you may already be familiar with, Coinbase shows you the current price and trends for cryptocurrencies, a look at your portfolio of holdings and news stories about the industry.

 

Coinbase is one of the most liquid-regulated crypto spot trades on the planet. Get minimal expense of execution utilizing a unique charge structure for high-volume exchanging.

To cash out your assets, you first need to sell your digital money for cash. Then, at that point, you can either move your assets to your bank or purchase more crypto. Note that there is no restriction on how much crypto you can sell for cash.

  1. Sell cryptographic for cash
  • Click Buy/Sell on an internet browser or tap on the Coinbase versatile application.
  • Select Sell.
  • Select the crypto you need to sell and enter the sum.
  • Select Preview sell > Sell now to finish this activity.

When the activity is finished, your money will be accessible in your nearby cash wallet (USD Wallet, for instance). Note that you can quickly cash out your assets by tapping Withdraw assets in the Coinbase portable application or Cash out assets from an internet browser.

  1. Cash out your funds
  • From an internet browser select your money balance under Assets.
  • On the Cash out tab, enter the sum you need to cash out and afterward click Continue.
  • Pick your money out objective and afterward click Continue.
  • Click Cash out now to finish your exchange.
  • From the Coinbase mobile application:
  • Tap > Cash out
  • Enter the sum you need to cash out and choose your transfer destination, then tap Preview cash out.
  • Tap Cash out now to finish this activity.

While changing out an offer from your money balance to your bank account, a short holding period will be put before you can cash out the funds from the sale.

Now let’s say you’re ready to sell your crypto assets. Here’s what you do.

  • Tap the blue circle icon on the main page. It shows two arrows.
  • Choose Sell.
  • Select the asset you want to sell; in this case, we’ll pick bitcoin.
  • Choose how much you want to sell, or tap the “Max” button on the left of the page to sell it all.
  • Review the page, again note the Coinbase fee.
  • Tap “Sell now.”

 

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Jay Jangid

Living in Pakistan

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