Coinbase Pro is one of the world’s leading cryptocurrency exchanges, and it offers a simple and secure way to buy and sell Bitcoin. If you’re looking to sell your Bitcoin on Coinbase Pro, this article will guide you through the process.
Step 1: Create an account on Coinbase Pro
The first step to sell your Bitcoin on Coinbase Pro is to create an account. You can sign in with your Coinbase account or create a new one. Once you have created your account, you will need to complete the verification process. This includes providing your personal details and verifying your identity.
Step 2: Transfer Bitcoin to Coinbase Pro
After creating your account, you will need to transfer your Bitcoin to Coinbase Pro. To do this, click on the “Deposit” button on the top right corner of the Coinbase Pro dashboard. You will be prompted to select the cryptocurrency you want to deposit. Choose Bitcoin, and Coinbase Pro will provide you with a unique Bitcoin address to send your Bitcoin to.
Step 3: Place a sell order
Once your Bitcoin has been deposited, you can place a sell order. To do this, click on the “Trade” button on the top left corner of the Coinbase Pro dashboard. From there, select the “Sell” tab and enter the amount of Bitcoin you want to sell. You can also choose the type of order you want to place, such as a market order or a limit order.
Step 4: Confirm the transaction
After placing your sell order, you will need to confirm the transaction. Coinbase Pro will provide you with a confirmation message, which will include the amount of Bitcoin you are selling, the price you will receive, and the fees associated with the transaction. Once you have reviewed this information, click on the “Confirm Sell” button to complete the transaction.
Step 5: Withdraw your funds
Once your sell order has been completed, you can withdraw your funds from Coinbase Pro. To do this, click on the “Withdraw” button on the top right corner of the Coinbase Pro dashboard. From there, select the currency you want to withdraw (in this case, USD), enter the amount you want to withdraw, and choose the withdrawal method.
Conclusion
Selling your Bitcoin on Coinbase Pro is a straightforward process. By following the steps outlined in this article, you can easily sell your Bitcoin and withdraw your funds. Remember to always check the fees associated with the transaction and to keep your account secure by enabling two-factor authentication.