If you’re looking to cash out your bitcoin quickly, Coinbase is one of the most popular and user-friendly ways to do it. Here’s a step-by-step guide on how to sell bitcoin on Coinbase so you can get your hands on some quick cash.
Before you can sell your bitcoin, you’ll need to have a valid payment method set up in your Coinbase account. This could be a bank account, PayPal account, debit or credit card, or even just a good ol’ fashioned paper check. Once you have a payment method set up, you can link it to your Coinbase account and start selling!
The process of selling bitcoin on Coinbase is actually pretty simple. Once you’re logged in and have chosen the amount of bitcoin you want to sell, all you need to do is select your payment method and hit the Sell button.
That’s it! Your bitcoin will then be transferred to your payment method of choice and you’ll have cold hard cash in hand in no time.
One thing to keep in mind when selling bitcoin on Coinbase is that there is a 1% fee charged on all sales. So if you’re looking to cash out a large amount of bitcoin, expect to see a little less than what you originally had after the sale goes through.
Now that you know how to sell bitcoin on Coinbase, you’re ready to cash out! Just remember to take the 1% fee into account when making your sale, and you’ll be good to go.