Table of Contents
Welcome to Cryptocurrency Trading
Hello and welcome! I am Matt Taylor and this is my variety channel. Today, I’m going to show you how to cash out your cryptocurrency that you have on Coinbase or Coinbase Pro and get it back into US dollars. Then, I will guide you on how to transfer that amount back into your bank account. This way, you can use it to pay for some bills, maybe you want to buy a gift for somebody, or perhaps you just want to put it into your savings. It’s a straightforward process. If I can do it, you can do it. So, without further ado, let’s get started.
Transferring from Coinbase Pro to Coinbase Wallet
Firstly, we are over on Coinbase Pro and what I want to do first is send it from Coinbase Pro over to my Coinbase wallet. To do this, I want to come over to the withdrawal section and then select the currency or the cryptocurrency that I want to withdraw. In this case, I’m going to convert some Ethereum back into USD.
Selecting the destination for the Withdrawal
Now comes the next step. I’m not sending it to another Ethereum address. Instead, I want to send it to my Coinbase wallet. Doing this will send it to my Ethereum wallet. In my case, I’m going to send 0.5 Ethereum, so that’s $86. Ensure everything looks good and then hit “Withdraw”. The transfer from your Coinbase Pro wallet over to your Coinbase wallet usually happens super fast. A lot of the time, it takes about 10 seconds.
Converting to USD and Withdrawing to Bank Account
Refreshing the Wallet
Great job on successfully transferring your Ethereum to your Coinbase wallet! Now, refresh your Coinbase wallet. Now, I can see my funds there when checking my Ethereum wallet.
Converting Crypto to USD
Here comes the important part – converting this over to USD and then withdrawing it to my bank account. To do this, I navigate to the “Buy and Sell” section and then switch to “Sell”. From there, I switch from BTC (the default) to my Ethereum wallet. Finally, I convert to USD and just max out my Ethereum. Once I confirm the sale and the system tells me that the sale has been successful, the USD equivalent of my Ethereum will be deposited instantly into my USD wallet.
Transferring USD to Your Bank Account
The last step lies in sending this money over to my bank account. To do this, navigate to the withdrawal page and select USD. From there, simply follow the prompts to transfer the money to your set bank account. This typically takes two to three days for the funds to arrive. Once the withdrawal has been started, the transaction will be finalized and the account balance will be zeroed.
Concluding the Crypto Cash Out Process
Well, that’s it: an easy process to cash out your cryptocurrency from Coinbase or Coinbase Pro and deposit it back to your regular bank account. Listen carefully as I, Matt Taylor, continue to provide helpful tips on my variety channel. Remember to subscribe to my channel and hit the notification bell so you won’t miss out on any new updates. Until next time, happy investing everyone!
Want to pay fewer fees? Use Coinbase pro! Watch this video: https://www.youtube.com/watch?v=aJ3QaI4LuyI
Am selling 0.34 btc for 10k usd
We live in an instant digital world where everything works at the speed of light… Stock buying and selling machines are making millions of trades per second…Gotta wait 2-3 days for a Crypto snail mail check to show up….. But it is what it is, if it's real money I can wait lol…THANK YOU. It's been a burning question just how do you turn it into real money? I mean it is real money How do you turn it into cash that will come out of an ATM?… Very clear. This is a perfect video no other way to say it.
Quick question can we use coin base with trust wallet? To export bitcoin to English currency
S. If you have one million to cash out how do u do it
how ro send my funds from atomic wallete account to my bank account in canada..
I'm new to this, I came across a scammer but I gave her my ETH address on the trust wallet app. And also I did a search with trust wallet with web3 lender. If I put money towards Bitcoin do the scammers have access to my oney? Thank you
Thank you for this, Matt. I don't know why other folks don't include this. Isn't this the whole point – to convert to cash we can use in the physical world? Thanks again!
Clear everything. Can I withdraw the money to payoneer receiving accounts ? Please tell me how to do it
BTC being a little over $3,0004 years ago is crazy😂 Question; would I now convert my crypto into USD coin and then withdraw it into my bank account?
My account is on nexo, do I need coinbase to withdraw to my bank or I can do it without? How
Hey how should i cash out 500 million dollar worth of crypto at once. Is it possible? Please help.
hey i got a notification on discord showing that i won some promo code on Coingarex which is some crypto website , and i received 8.18ETH and idk if this is a scam or something but i wanna find a way on how to convert 8.18ETH into real money. thanks
Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Jorge Gerson has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get burned.
Can you withdraw the money to a bank account in Sweden?
ARE YOU STILL THERE DOUBTING AND WATCHING WHILE OTHERS ARE MAKING COOL MONEY FROM BITCOIN INVESTMENT , I WILL ENCOURAGE YOU TO START INVESTING TO SECURE A BETTER FINANCIAL…. FREEDOM
if i am from australia then i have to change to aud ??
This tutorial sucks you can't even see what you're doing with monitor is too far away waste of my time
I have heard quite a lot about Mr Johnson Demidov’s expertise but I was skeptical until I saw his broker was regulated by the Commodity Futures Trading Commission. This convinced me enough to trade with him, I earn up to $15k weekly income from his system.
I appreciate everything you did for the guidelines throughout and helping me get €38,000 in my wallet Right Now thank you xindosolutions
Thank you, this was helpful.
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