HOW TO BUY, SELL AND CONVERT CRYPTOCURRENCY ON coinbase extension
Coinbase.com is one of the largest most trustworthy, secure online running platform well-known as a cryptocurrency exchange for buying, selling, storing, and transferring cryptocurrency. It supports more than 200 cryptocurrencies which include Bitcoin, Ethereum, and Litecoin. It allows you to securely connect and to trade crypto through your bank account further it secures cash on FDIC- secured accounts, and as a safety practice. It blocks suspicious accounts also.
FOR BUYING:
Follow these simple steps for buying cryptocurrencies from coinbase extension:
- 1.
- The first thing you have to do is sign in to your Coinbase account.
- 2.
- Now, click on the “Buy/Sell” option located on the top right corner.
- 3.
- Click on the “Buy” option for selecting the asset which you would like to buy.
- 4.
- Enter the amount for purchase.
- 5.
- After entering your amount, now you will have to select your payment method for purchasing it.
- 6.
- Click on the “Preview Buy” option to do confirmation for your purchase.
- 7.
- If the all details you entered are correct then click on the “Buy” option to complete your purchase of crypto.
If you would like this repeat this purchase, click one-time purchase and then select how often you would like to repeat the purchase.
FOR SELLING:
Follow these simple steps for selling your cryptocurrencies from Coinbase.com:
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- First of all, sign in to your Coinbase account on your device.
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- Now, select the “Buy/Sell” option located on the top right side of your screen.
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- Click on the “Sell” option to sell your crypto.
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- Enter the amount for which you’d like to sell (select “Select all” to enter the full balance).
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- After entering the amount you have to select the asset which you would like to sell.
- 1.
- Click on the “Preview Sell” option.
- 2.
- In last, review your all transaction details and click on “Sell Now”.
FOR CONVERTING:
Coinbase allows its users to trade between two cryptocurrencies directly, for example by changing ETH (Ethereum) with BTC (Bitcoin), or vice versa.
Follow these simple steps for converting your cryptocurrencies on Coinbase.com:
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- First, go to your browser and sign in to your Coinbase account on your device.
- 1.
- Now, you have to click on the “Buy/ Sell”> “Convert” option at the top.
- 2.
- After that, you will be able to see a panel with the option for converting one cryptocurrency to another.
- 3.
- Enter the total number of cash amount of cryptocurrency that you would like to convert into your local currency. (Example: worth $10 of Bitcoin (BTC) to convert into XRP).
- 4.
- Now, select the “Preview Convert” option.
- 5.
- In last, you have to confirm the transaction for the conversion of your crypto.
BOTTOM LINE:
Coinbase.com provides its users with a user-friendly interface platform for selling, buying, and converting their cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Its users can create an account, link their bank account, credit cards, and feel easy to buy and sell their cryptocurrencies at ongoing market prices. It offers a wallet service to its users with various latest security features for their asset protection.