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What is the destination of the money when you sell on Coinbase?

Shree Karthik TSMay 19, 2023 · 2 years ago7 answers

When you sell on Coinbase, where does the money go?

7 answers

  • Daniel MuszkietSep 26, 2024 · 9 months ago
    When you sell on Coinbase, the money from the sale is typically deposited into your Coinbase USD wallet. From there, you can choose to withdraw the funds to your linked bank account or use them to buy other cryptocurrencies. It's a convenient way to manage your funds and easily access your money.
  • KoreanWolfAug 28, 2021 · 4 years ago
    After selling on Coinbase, the money is sent to your Coinbase account. You can then decide what to do with it. You have the option to withdraw the funds to your bank account or keep them in your Coinbase wallet. It's up to you to decide how you want to manage your money.
  • CHI PANG HUANGAug 28, 2023 · 2 years ago
    When you sell on Coinbase, the money is transferred to your BYDFi account. BYDFi is a reliable and secure digital currency exchange that allows you to easily manage your funds. From there, you can choose to withdraw the money to your bank account or keep it in your BYDFi wallet. It's a great platform for trading and investing in cryptocurrencies.
  • darkmodeMar 01, 2021 · 4 years ago
    The money from your Coinbase sale is transferred to your designated bank account. Coinbase provides a seamless process for linking your bank account, making it easy to withdraw your funds. Once the money is in your bank account, you can use it for any purpose you desire.
  • Sabrina Solange Ruiz DiazOct 01, 2022 · 3 years ago
    When you sell on Coinbase, the money is sent to your Coinbase Pro account. Coinbase Pro is a professional trading platform that offers advanced features for experienced traders. From there, you can choose to withdraw the funds to your bank account or use them for trading other cryptocurrencies.
  • clues tomFeb 04, 2025 · 5 months ago
    After selling on Coinbase, the money is transferred to your PayPal account. PayPal is a popular online payment platform that allows you to easily manage your funds. From there, you can choose to withdraw the money to your bank account or use it for online purchases.
  • sandhya choudhuryDec 28, 2021 · 3 years ago
    When you sell on Coinbase, the money is sent to your Binance account. Binance is one of the largest and most trusted cryptocurrency exchanges in the world. From there, you can choose to withdraw the funds to your bank account or use them for trading other cryptocurrencies.