Selling your Bitcoin on Coinbase Pro is an easy process, but it can be intimidating if you’re new to the world of cryptocurrency. In this article, we’ll take you through the steps to sell your Bitcoin on Coinbase Pro.
Step 1: Sign up for Coinbase Pro
The first step is to sign up for Coinbase Pro. If you already have a Coinbase account, you can use your existing login information to access Coinbase Pro. If you don’t have an account, you’ll need to create one.
Step 2: Transfer Bitcoin to Coinbase Pro
Once you’ve signed up for Coinbase Pro, you’ll need to transfer your Bitcoin to the platform. To do this, click on the “Deposit” button and select Bitcoin from the list of cryptocurrencies. You’ll then be provided with a unique address for your Coinbase Pro account. Copy this address and use it to transfer your Bitcoin from your existing wallet.
Step 3: Place a Sell Order
Once your Bitcoin has been transferred to Coinbase Pro, you can sell it by placing a sell order. To do this, click on the “Sell” button and select Bitcoin from the list of cryptocurrencies. You’ll then be prompted to enter the amount of Bitcoin you want to sell and the price you want to sell it for.
Step 4: Confirm the Sale
After you’ve entered the amount and price, you’ll be asked to confirm the sale. Make sure to double-check your order details before confirming the sale. Once you’ve confirmed the sale, your Bitcoin will be sold and the proceeds will be deposited into your Coinbase Pro account.
Step 5: Withdraw Your Funds
Finally, you can withdraw your funds from Coinbase Pro by clicking on the “Withdraw” button and selecting your preferred withdrawal method. Coinbase Pro offers a variety of withdrawal options, including bank transfer and PayPal.
Conclusion
Selling your Bitcoin on Coinbase Pro is a simple and straightforward process. By following these five steps, you can sell your Bitcoin and withdraw your funds in just a few minutes. If you’re new to Coinbase Pro or cryptocurrency in general, it’s important to take the time to understand the platform and the risks involved before making any trades.