What are the steps to sell BTC from Binance to Coinbase?
SARL GAMINGJun 04, 2022 · 3 years ago3 answers
Can you please provide a detailed explanation of the steps required to sell Bitcoin (BTC) from Binance to Coinbase? I would like to transfer my BTC from Binance to Coinbase and convert it to fiat currency.
3 answers
- Jun 04, 2022 · 3 years agoSure! Here are the steps to sell BTC from Binance to Coinbase: 1. Log in to your Binance account. 2. Go to the 'Funds' section and select 'Withdraw' for BTC. 3. Enter your Coinbase BTC wallet address as the withdrawal address. 4. Specify the amount of BTC you want to transfer. 5. Confirm the withdrawal and complete the security verification process. 6. Wait for the BTC transfer to be processed by Binance. 7. Log in to your Coinbase account. 8. Go to the 'Accounts' section and select your BTC wallet. 9. Click on the 'Receive' button to get your Coinbase BTC wallet address. 10. Go back to Binance and enter your Coinbase BTC wallet address as the withdrawal address. 11. Confirm the withdrawal and complete the security verification process. 12. Wait for the BTC transfer to be processed by Coinbase. 13. Once the transfer is complete, you can sell your BTC on Coinbase and convert it to fiat currency.
- Jun 04, 2022 · 3 years agoSelling BTC from Binance to Coinbase is a straightforward process. Follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Funds' section and select 'Withdraw' for BTC. 3. Enter your Coinbase BTC wallet address as the withdrawal address. 4. Specify the amount of BTC you want to transfer. 5. Complete the necessary security verification steps. 6. Wait for the BTC transfer to be processed by Binance. 7. Log in to your Coinbase account. 8. Go to the 'Accounts' section and select your BTC wallet. 9. Click on the 'Receive' button to obtain your Coinbase BTC wallet address. 10. Return to Binance and enter your Coinbase BTC wallet address as the withdrawal address. 11. Complete the security verification process. 12. Wait for the BTC transfer to be processed by Coinbase. 13. Once the transfer is confirmed, you can sell your BTC on Coinbase and convert it to fiat currency.
- Jun 04, 2022 · 3 years agoTo sell BTC from Binance to Coinbase, follow these steps: 1. Log in to your Binance account. 2. Access the 'Funds' section and choose 'Withdraw' for BTC. 3. Enter your Coinbase BTC wallet address as the withdrawal address. 4. Indicate the amount of BTC you wish to transfer. 5. Complete the necessary security checks. 6. Wait for Binance to process the BTC transfer. 7. Log in to your Coinbase account. 8. Navigate to the 'Accounts' section and select your BTC wallet. 9. Click on the 'Receive' button to obtain your Coinbase BTC wallet address. 10. Return to Binance and enter your Coinbase BTC wallet address as the withdrawal address. 11. Complete the security verification process. 12. Wait for Coinbase to process the BTC transfer. 13. Once the transfer is confirmed, you can sell your BTC on Coinbase and convert it to fiat currency. Please note that fees may apply during the transfer and conversion process.
Related Tags
Hot Questions
- 97
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
What are the tax implications of using cryptocurrency?
- 49
How does cryptocurrency affect my tax return?
- 44
What are the advantages of using cryptocurrency for online transactions?
- 41
What is the future of blockchain technology?
- 35
Are there any special tax rules for crypto investors?
- 35
What are the best digital currencies to invest in right now?
- 33
How can I protect my digital assets from hackers?