Assets, Bitcoin

How Do I Convert Bitcoin to US Dollars on Coinbase?

Assuming you already have a Coinbase account, you can convert your Bitcoin to USD using the “Sell” feature on the Coinbase dashboard. The process is simple and only takes a few minutes.

To begin, log into your Coinbase account and navigate to the “Dashboard” page. On this page, you will see all of your current cryptocurrency holdings, as well as your total USD balance.

Next, locate the “Sell” button on the right hand side of the screen and click it.

NOTE: WARNING: Converting Bitcoin to US Dollars on Coinbase may result in fees, currency conversion rates, and other costs. You should always research and understand the fees associated with any currency exchange or cryptocurrency transaction before you commit to a transaction. Additionally, be aware that Coinbase is not insured by the Federal Deposit Insurance Corporation (FDIC) and is not subject to the same consumer protection regulations that apply to banks.

A new window will pop up, allowing you to select which currency you would like to sell and how much. In this case, we will be selling Bitcoin and will specify the amount in BTC.

Once you have entered the amount of BTC you wish to sell, click “Continue”.

On the next page, you will be shown the current market price of Bitcoin and given a chance to review your transaction. If everything looks good, go ahead and click “Confirm Sell”.

Your Bitcoin will now be converted to USD and deposited into your Coinbase account. You can check the status of your transaction at any time by clicking on the “History” tab at the top of the page.

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