Contents
Looking to sell your crypto on Coinbase Pro? Here’s a quick guide on how to do it.
Checkout this video:
Introduction
Coinbase Pro is a popular cryptocurrency exchange that allows you to buy and sell digital assets. If you’re new to Coinbase Pro, this guide will show you how to sell your crypto on the platform.
What is Coinbase Pro?
Coinbase Pro is a cryptocurrency trading platform that allows you to buy and sell cryptocurrencies in exchange for fiat currencies or other cryptocurrencies. Coinbase Pro is a subsidiary of Coinbase, one of the largest cryptocurrency exchanges in the world. Coinbase Pro was launched in 2015 and is headquartered in San Francisco, California.
Coinbase Pro allows you to trade cryptocurrencies on a variety of different order types and market conditions. You can use Coinbase Pro to trade cryptocurrencies with a high degree of liquidity, low fees, and tight spreads. Coinbase Pro also offers sophisticated charting tools and an intuitive interface.
In order to start trading on Coinbase Pro, you will need to create an account and verify your identity. Once your account is verified, you will be able to deposit fiat currencies or other cryptocurrencies into your account. Once your funds have been deposited, you can start trading on the platform.
How to Sell Crypto on Coinbase Pro
Coinbase Pro is a US-based exchange that allows you to buy and sell cryptocurrencies. The platform is designed for experienced traders and offers a variety of tools and features that you can use to trade cryptocurrencies. In this guide, we will show you how to sell crypto on Coinbase Pro.
Step 1: Create a Coinbase Pro account
If you don’t already have a Coinbase Pro account, you’ll need to create one. You can do this by going to the Coinbase Pro website and clicking “Create Account”.
You’ll need to enter your name, email address, and create a password. You’ll also need to choose which country you’re located in. Once you’ve done this, click “Create Account”.
Coinbase will then send you an email with a link to verify your account. Click on the link and you’ll be taken to the Coinbase Pro login page. Enter your email address and password, then click “Log In”.
Step 2: Link your bank account to Coinbase Pro
The next step is to link your bank account to Coinbase Pro so you can deposit money and start trading.
1. Go to the “Linked Accounts” page on Coinbase Pro.
2. Select “Bank Account” from the dropdown menu.
3. Enter your bank account information and click “Link Account”.
4. Follow the instructions on the screen to set up ACH deposits from your bank account. This usually takes a few days to process.
5. Once your bank account is linked, you can deposit money into your Coinbase Pro account by going to the “Deposit” page and selecting “Bank Account” from the dropdown menu.
6. Enter the amount of money you want to deposit and click “Deposit”. Your funds will usually arrive in your account within a few days.
Step 3: Place a sell order
Now that you have deposited some crypto into your Coinbase Pro account, you are ready to place a sell order. On the main Coinbase Pro page, select “Sell” from the “Buy/Sell” menu.
Next, enter the amount of crypto that you would like to sell in the “Amount” field. You can also click on the “25%, 50%, 75%, or 100%” buttons to automatically fill in those percent amounts of your total balance.
Underneath the “Amount” field is the “Total” field, which automatically calculates how much fiat currency you will receive from your sale after Coinbase Pro’s fees have been subtracted. To the right of the “Total” field is a drop-down menu where you can select the currency that you would like to receive from your sale. Currently, Coinbase Pro only supports sales in US dollars (USD), Euros (EUR), British pounds (GBP), and Japanese Yen (JPY).
Once you have entered all of the relevant information, click on the “Sell [cryptocurrency]” button to place your sell order.
Conclusion
If you want to cash out your crypto from Coinbase Pro, you have a few options. You can either withdraw the funds to your linked bank account or send them to another exchange. If you want to withdraw to your bank account, you’ll need to first add a payment method. To do this, go to the “Payment Methods” tab and select “Add Payment Method”. From here, you can add your bank account information.
Once you have a payment method set up, go to the “Withdraw” tab and select “Bank Account”. Enter the amount you want to withdraw and your bank account information, then select “Withdraw”. Your funds should arrive in your bank account within 1-5 business days.
If you want to send your crypto to another exchange, go to the “Withdraw” tab and select “Crypto Address”. Enter the withdrawal address and amount, then select “Withdraw”. Your crypto will be sent to the specified address within a few minutes.
