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Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy and sell crypto on their platform. In this blog post, we will show you how to sell your crypto on Coinbase so that you can cash out and receive your money.
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Introduction
Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy and sell Bitcoin, Ethereum, and Litecoin. You can also use Coinbase to buy goods and services with Bitcoin, Ethereum, and Litecoin. In this article, we will show you how to sell cryptocurrency on Coinbase Wallet for cash.
Coinbase Wallet is a great way to store your cryptocurrencies. It is available on Android and iOS devices. You can also use Coinbase Wallet on your computer or laptop by visiting the website.
To sell cryptocurrency on Coinbase Wallet, you will need to:
1) Sign up for a Coinbase account
2) Set up a payment method
3) Choose the amount of cryptocurrency you want to sell
4) Enter your wallet address
5) Confirm the transaction
What is Coinbase Wallet?
Coinbase Wallet is a software product that gives you access to a wide variety of blockchain applications and services. With Coinbase Wallet, you can store your own cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as earn interest on your crypto holdings. You can also buy, sell, and use fiat currencies like the US dollar on Coinbase Wallet. In addition, Coinbase Wallet allows you to interact with decentralized applications (dApps) powered by Ethereum and other blockchains.
How to Sell Crypto on Coinbase Wallet for Cash
If you have Coinbase Wallet and cash app both on your phone, you can now use one app to sell cryptocurrency and transfer the proceeds to your linked bank account.
Here’s how to do it:
1. Open the Coinbase Wallet app.
2. Tap the “Send” tab.
3. Select Cash App from the list of connected accounts.
4. Enter the amount of cryptocurrency you want to sell. The minimum amount is $ 1 worth of BTC, ETH, XRP or BCH.
Note: You can also tap “Max” to sell all of your available crypto funds.
5. Tap “Preview Sell.” This will initiate a Lightning Network payment from your Coinbase Wallet to Cash App. You can track the status of this payment in both apps. The whole process should take less than 10 minutes.
Conclusion
In order to sell your crypto on Coinbase Wallet for cash, you will need to create a Coinbase account and link your Coinbase Wallet to your bank account. Once you have done this, you can sell your crypto by following these steps:
1. Log in to your Coinbase account and navigate to the “Sell” page.
2. Enter the amount of crypto you want to sell in the “Sell” form.
3. Select your payment method from the “Payment Method” drop-down menu.
4. Enter your bank account information in the “Bank Account” section.
5. Click on the “Sell” button to initiate the sale.
