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What is the process of cashing out in Coinbase?

avatarchongjinDisplayNameDec 27, 2021 · 3 years ago3 answers

Can you explain the step-by-step process of cashing out in Coinbase? I want to know how to convert my cryptocurrencies into fiat currency and withdraw the funds to my bank account.

What is the process of cashing out in Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Cashing out in Coinbase involves a few simple steps. First, you need to log in to your Coinbase account and navigate to the 'Accounts' tab. From there, select the cryptocurrency you want to cash out. Next, click on the 'Sell' button and enter the amount you wish to sell. Once you've confirmed the details, click 'Sell' again to complete the transaction. The funds will be converted into your chosen fiat currency and deposited into your Coinbase wallet. Finally, you can withdraw the funds to your linked bank account by clicking on the 'Withdraw' button and following the instructions provided by Coinbase. It's important to note that Coinbase may charge fees for these transactions, so make sure to check their fee schedule beforehand.
  • avatarDec 27, 2021 · 3 years ago
    Cashing out in Coinbase is a breeze! After logging in to your Coinbase account, go to the 'Accounts' tab and select the cryptocurrency you want to cash out. Then, click on the 'Sell' button and enter the amount you wish to sell. Once you've confirmed the details, simply click 'Sell' again to complete the process. Your cryptocurrency will be converted into your chosen fiat currency, which you can then withdraw to your bank account. It's that easy!
  • avatarDec 27, 2021 · 3 years ago
    Cashing out in Coinbase is a straightforward process. First, log in to your Coinbase account and navigate to the 'Accounts' tab. From there, choose the cryptocurrency you want to cash out. Click on the 'Sell' button and enter the amount you wish to sell. Confirm the details and click 'Sell' once more to finalize the transaction. Your cryptocurrency will be converted into fiat currency, which you can withdraw to your bank account. If you have any further questions, feel free to reach out to Coinbase's customer support for assistance.