how to cash out shiba inu on coinbase

To cash out Shiba Inu on Coinbase, you can transfer it to Coinbase Pro, sell it, and then withdraw the funds to your bank account.

Oct 30, 2024 at 02:49 am

How to Cash Out Shiba Inu on Coinbase

1. Create a Coinbase Account

If you haven't already, create an account on Coinbase. This can be done on their website or mobile app.

2. Buy Shiba Inu (SHIB)

Once you have a Coinbase account, you can purchase Shiba Inu. You can do this by clicking on the "Buy/Sell" tab, selecting "Shiba Inu", and entering the amount you want to buy.

3. Transfer Shiba Inu to Coinbase Pro

Coinbase Pro is a trading platform that allows you to trade cryptocurrency with lower fees. To transfer Shiba Inu to Coinbase Pro, click on the "Accounts" tab, select "Shiba Inu", and then click on the "Withdraw" button. Enter the amount you want to withdraw and the Coinbase Pro wallet address. The transfer will take a few minutes to complete.

4. Sell Shiba Inu on Coinbase Pro

Once the transfer is complete, you can sell Shiba Inu on Coinbase Pro. Click on the "Trade" tab, select "Shiba Inu", and then click on the "Sell" button. Enter the amount you want to sell and the price you want to sell it for. The trade will be executed immediately.

5. Withdraw Funds

After you sell Shiba Inu, you can withdraw the funds to your bank account. Click on the "Accounts" tab, select "USD", and then click on the "Withdraw" button. Enter the amount you want to withdraw and the bank account details. The withdrawal will take a few days to complete.

Additional Tips:

• Coinbase charges a fee to buy and sell cryptocurrency. The fee varies depending on the amount you are buying or selling.
• Coinbase Pro has lower fees than Coinbase, but it can be more complex to use.
• You can also use other cryptocurrency exchanges to cash out Shiba Inu. However, Coinbase is one of the most popular and easiest-to-use exchanges.