Coinbase: How to cash out from Coinbase wallet?

Over the past many years, Coinbase has reached millions of users, which makes it one of the most used platforms in the whole world. Coinbase is mainly used for buying, trading, and withdrawing cryptocurrency in digital form. You might have learned that Coinbase is not easy to use, you need a little practice to be perfect on this platform and when it comes to money everything needs to be perfect in this.




How to cash out from Coinbase wallet

Millions of people around the world use Coinbase for multiple services like staking, storing, buying, selling, and trading. The user interface for the web and mobile platform is generally intuitional. However, it can become a bit difficult when it comes to cash out from Coinbase account. To withdraw funds from Coinbase, you need to follow the basic steps mentioned below:

  • Conversion from Crypto to Fiat 
  • Cash-out your Fiat Balance


Conversion from Crypto to Fiat

The first thing a Coinbase user needs to do is, convert crypto into Fiat currencies like EUR or USD. To do this procedure, you must follow these simple steps:

  • Sign in to the Coinbase Wallet account on your device
  • Click on the “trade” button on the navigation bar, or simply
  • Click on the “Buy/Sell” option on the top-right of the screen of your device
  • Enter the amount you want to trade for fiat and click on “sell”
  • Enter the amount of crypto that you want to convert and choose fiat currency to cash out


After performing these steps, a pop window will open with the confirmation on your device. This will show you the total amount that the fiat wallet will receive and also the charges for withdrawal of the amount. 


Cash-out your Fiat balance

After converting the crypto into your preferred Fiat currencies, you can also bring the process of withdrawing your other funds from Coinbase. To cash out your Fiat balance you need to follow these steps:

  • Open the “Portfolio” page and select the “your assets” part
  • Enter the withdrawal amount
  • Click on the same “withdraw” option to confirm the payment
  • Then confirm or edit your payment details and then tap on the “withdraw now” option to cash out


Conclusion:

Coinbase is the perfect platform for the new generation as they are more interested in cryptocurrency and trading. Read this article for a better understanding of Coinbase Wallet and how you can withdraw any crypto into fiat.

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