Step 3: Choose the Cryptocurrency to Sell
Step 2: Connect Your Bank Account
If you already have a Coinbase account, skip to the next step. Otherwise, visit the Coinbase website and click on the "Sign Up" button to create a new account. Fill in the required information and verify your email address.
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After the sale is complete, the funds will be credited to your Coinbase account. To withdraw them to your bank account, go to the "Accounts" tab and select your local currency wallet. Click on the "Withdraw" button and follow the instructions to transfer the funds.
Step 8: Stay Informed and Keep Learning
Once your account is set up and your bank account is linked, go to the Coinbase dashboard. Find the cryptocurrency you want to sell and click on its corresponding wallet.
Step 4: Click on the "Sell" Button
Within the selected cryptocurrency wallet, locate the "Sell" button and click on it. A trade confirmation window will appear, showing the current price and quantity available for sale.
Step 5: Specify the Amount to Sell
In the trade confirmation window, enter the amount of cryptocurrency you wish to sell. You can either enter the desired quantity in the cryptocurrency's units or specify the amount in your local currency.
Step 6: Review and Confirm the Sale
Double-check the transaction details, including the amount and price, before confirming the sale. Once you are satisfied, click on the "Sell" button to initiate the transaction.
Step 7: Withdraw Funds to Your Bank Account
Remember, selling crypto is just one aspect of your journey in the world of cryptocurrencies. Continuously educate yourself and stay informed to make the most out of your investments.
Selling cryptocurrency can be a daunting task, especially for beginners. Coinbase, one of the most popular cryptocurrency exchanges, provides a user-friendly platform that simplifies the selling process. In this guide, we will walk you through the steps to sell your crypto on Coinbase.