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Is there a specific process to follow when selling Bitcoin on Coinbase and redeeming cash?

avatarEspensen OwensDec 29, 2021 · 3 years ago1 answers

What is the step-by-step process for selling Bitcoin on Coinbase and redeeming cash?

Is there a specific process to follow when selling Bitcoin on Coinbase and redeeming cash?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to selling Bitcoin on Coinbase and redeeming cash, the process is quite straightforward. Here's what you need to do: 1. Log in to your Coinbase account. 2. Navigate to the 'Trade' tab and select 'Sell'. 3. Choose the Bitcoin wallet you want to sell from. 4. Enter the amount of Bitcoin you want to sell or the amount of cash you want to receive. 5. Review the transaction details and confirm the sale. 6. After the sale is confirmed, the cash will be credited to your Coinbase USD wallet. 7. From there, you can withdraw the cash to your bank account. If you have any other questions, feel free to ask! I'm here to help.