how to trade on coinbase wallet

To trade on Coinbase Wallet, you need to create an account, fund it, find the asset you want to trade, place an order, confirm the transaction, monitor your trade, and withdraw your funds.

Nov 08, 2024 at 09:54 pm

How to Trade on Coinbase Wallet

1. Create an Account

• Visit the Coinbase website or download the Coinbase Wallet app.
• Click on "Sign Up" and follow the on-screen instructions.
• Verify your identity by providing your ID and completing the two-factor authentication process.

2. Fund Your Account

• Click on "Add Funds."
• Choose a payment method, such as bank transfer, credit card, or PayPal.
• Enter the amount you wish to deposit and follow the on-screen instructions.

3. Find the Asset You Want to Trade

• Click on the "Trade" or "Market" tab.
• Search for the cryptocurrency you wish to trade by name or symbol.

4. Place an Order

• Choose whether you want to buy (limit order) or sell (market order).
• Enter the amount or price for your order.
• Review the order details and click on "Buy" or "Sell."

5. Confirm the Transaction

• Review the transaction details.
• If everything is correct, click on "Confirm."

6. Monitor Your Trade

• Your trades will be displayed in the "Orders" tab.
• You can monitor the status of your orders and make adjustments as needed.

7. Withdraw Your Funds

• When you are finished trading, you can withdraw your funds to your bank account or external cryptocurrency wallet.
• Click on "Withdraw Funds."
• Choose a withdrawal method and enter the amount you wish to withdraw.
• Follow the on-screen instructions to complete the withdrawal process.