How to sell bitcoin :5 steps to selling bitcoin

How to Sell Bitcoin: 5 Steps to Selling Bitcoin Safely 

 Coinbase only allows you to sell directly into your Coinbase fiat wallet. However, there is no limit on the amount you can sell to your wallet. After selling to your Coinbase fiat wallet, you can opt to either cash out funds to your US bank account or repurchase cryptocurrency on the platform. 

 How to Sell Bitcoin: 5 Steps to Selling Bitcoin Safely 

 Use Coinbase to Sell Bitcoin: If you are new to Coinbase and have not yet registered, visit Coinbase.com and create an account to purchase Bitcoin, Ethereum, Litecoin, Dash, and Monero. There are no fees for purchasing Bitcoin. Note, in some states it is illegal to sell cryptocurrency without a regulated brokerage firm. Source Coinbase offers free Bitcoin worldwide. Sellers may not receive Bitcoin immediately. Sellers should have to wait a minimum of 2 to 3 business days to receive the Bitcoin they have sold to Coinbase. After selling to Coinbase, it is recommended that you monitor your account balance to check for incoming payments. If you do not receive a Bitcoin within the first 2-3 business days, please send an email to support@coinbase.com. 

  Transfer Bitcoin From Coinbase to Your

 Wallet :When you have Bitcoins in your Coinbase wallet, you can directly transfer Bitcoin from Coinbase to your Coinbase wallet. The conversion rates depend on how much Bitcoin you have. Coinbase only allows for this to happen at the end of each day. For instance, if you deposited $5,000 worth of Bitcoin on February 1st, you could use the following conversion rates for future conversion rates: 4 times the number of Bitcoins 4% per transaction Coinbase only allows for $10,000 worth of Bitcoin to be transferred per day. Once a Bitcoin is converted to another currency, the conversion rate is subject to change at the end of the day. Coinbase usually takes a three-day service delay for all transfers to be processed. 

  Sell Bitcoin From Your Wallet to Get Us Dollars :If you’ve got bitcoin in your Coinbase wallet,you can easily convert it to US dollars. Here’s what you need to do: Log into Coinbase Sign into your account and Click the “Cash Out” tab on the left side of your account, Click “Get Virtual Currency Wallet” on the top bar Click “Open GDAX Cashout to US Bank” Click “Get Verified” Click “Get Bitcoin Cash” from GDAX Click “Buy Bitcoin Cash” Visit GDAX Click “You are here” in the top bar Click “Customize” in the upper right Click “Change Deposit / Withdrawal Settings” Click “Proceed with Your Trade” Click “Sell Bitcoin” Click “Withdraw Bitcoin Cash” Before you sell, you can change your GDAX deposit and withdrawal settings so that Bitcoin Cash can be withdrawn to your US bank account. 

  Cash Out Funds From Your Bank Account: Coinbase allows you to have up to $5,000 in funds in your bank account. When you cash out from your bank account, you are required to make a withdrawal in the same fiat currency that you received the funds in. If you want to use your bank account for Bitcoin purchases, you’ll need to sell or transfer a majority of your cryptocurrency holdings on Coinbase. There are several cryptocurrencies that you can cash out to your bank account at once. For example, if you cash out to your US bank account from Bitcoin purchases, you can then sell Ethereum or Litecoin to your bank account and receive fiat money in the form of USD. Bank Transfer To get cash back from Coinbase, you’ll need to first open a Bank Transfer account. 

 Buy Cryptocurrency Back on the Coinbase Platform :Let’s assume you successfully sold bitcoin using Coinbase. If you happen to own several cryptocurrencies that you want to cash out, the best way to do it is to buy some bitcoin back from your Coinbase account before selling. You can do this by using a Coinbase debit card. You will be prompted to enter a reference number you can either use for future purchases or transfer to your bank account. This is the easiest and most convenient way to buy bitcoin. You can still choose to sell directly into your Coinbase fiat wallet, but you will have to sell the cryptocurrencies manually through the platform’s options page. However, it’s important to know that Coinbase does not offer cash-out services for users with cash in their accounts.