You can store, manage, and trade your cryptocurrency assets with Coinbase WITH or WITHOUT a wallet app.
About the Coinbase Wallet App:
Coinbase Wallet unlocks the door to the future of crypto. It empowers you with a secure web3 wallet and browser, granting you full control over your crypto, NFTs, DeFi activity, and digital assets.
Supported assets include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Polygon (MATIC), BNB Chain (BNB), Optimism (OP), and all Ethereum-compatible chains.
How To Sell Crypto On Coinbase Wallet
To sell crypto on Coinbase Wallet, you need to have a Coinbase account and connect it to your wallet. Here are the simple steps to do that:
- Install Coinbase Wallet on your device from the app store.
- Create a Coinbase account or sign in to your existing one.
- Connect your Coinbase account to your Coinbase Wallet by following the instructions on the app.
- Transfer crypto from your Coinbase account to your Coinbase Wallet by tapping the “Send” button and selecting the asset you want to transfer.
- Sell crypto from your Coinbase Wallet by tapping the asset you want to sell and then tapping the “Sell” button or the equivalent option.
- Enter the amount or percentage of the asset you want to sell and confirm your selections.
- Cash out your funds by tapping the “Cash Out” button and selecting your payment method.
How To Sell Crypto On Coinbase Without An App
- Sign in to your Coinbase account.
- Go to the Buy / Sell page and click on the Sell tab.
- Select the crypto asset you want to sell from the dropdown menu and enter the amount or percentage you want to sell.
- Choose the payment method you want to receive the cash in and review the details of the transaction.
- Click on Sell Now to confirm the sale and cash out your funds.
- The fee for selling crypto on Coinbase Wallet depends on the type of crypto asset, the amount, and the payment method. You can check the fee before confirming the transaction. You can sell other digital assets using Coinbase Wallet as long as they are supported by the platform.
- Network Fees. Whenever you transfer cryptocurrency from a different wallet or exchange, you are required to pay network fees. These fees are not paid to Coinbase, but rather to the miners or to the network itself. They help to process transactions and maintain the network’s security.
Don’t have a Coinbase Account?
Coinbase promo link Coinbase
I have used Coinbase to convert Bitcoin and stablecoins to US Dollars several times.
You can link Coinbase to your bank account or use their debit card.
“Can I Trust Coinbase”
Coinbase is a popular cryptocurrency exchange platform that allows users to buy, sell, and store various digital assets. Some famous people who use Coinbase are:
Lionel Messi: The football superstar and global brand ambassador for Sirin Labs, a blockchain-based smartphone and PC developer, has a Coinbase account and has expressed his excitement about blockchain technology.
Floyd Mayweather: The boxing champion and self-proclaimed “Floyd Crypto Mayweather” has promoted several ICOs, including Stox, a prediction market platform that is partnered with Coinbase.
Tim Draper: The Silicon Valley venture capitalist and Bitcoin enthusiast bought $18.7 million worth of Bitcoin from the U.S. Marshals in 2014 and uses Coinbase as his wallet.
Brian Armstrong: The co-founder and CEO of Coinbase is not only a user but also a billionaire thanks to his stake in the company, which was valued at $8 billion in 2018.
50 Cent: The rapper and entrepreneur claimed that he forgot he had accepted Bitcoin as payment for his album Animal Ambition in 2014, which amounted to 700 Bitcoins in his Coinbase account, worth $7.5 million in 2018. However, he later admitted that he never owned any Bitcoin and was just trying to boost his image.
Coinbase works with various companies across different sectors. Some of the famous companies that work with Coinbase are:
Tesla: The electric vehicle and clean energy company, founded by Elon Musk, announced in February 2021 that it had bought $1.5 billion worth of Bitcoin and would accept it as a payment method1. Tesla uses Coinbase as its custodian for its Bitcoin holdings2.
PayPal: The online payment giant, which has over 300 million users, partnered with Coinbase in 2016 to allow its customers to buy and sell cryptocurrencies on its platform3. In 2020, PayPal expanded its crypto services to enable users to buy, hold, and sell Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in their PayPal wallets4.
Visa: The global payment network, which processes over 65,000 transactions per second, teamed up with Coinbase in 2019 to launch the Coinbase Card, a debit card that allows users to spend their crypto balances at any merchant that accepts Visa5. In 2021, Visa became the first major payment network to settle transactions in USD Coin (USDC), a stablecoin pegged to the US dollar, on the Ethereum blockchain, using Coinbase as its settlement partner.
