Coinbase is easy to set up but requires some information, including your legal name, home address, date of birth, last four digits of your Social Security number and how you plan to use Coinbase. That’s to comply with federal regulations. Here’s how to begin.
That’s it! You can trade your bitcoin instantly after you buy it, but you’ll need to wait eight days before you send it to someone.
How to sell bitcoin with Coinbase
Now let’s say you’re ready to sell your crypto assets. Here’s what you do.
How to withdraw funds from Coinbase
Maybe you’re ready to take some profits off the table. You’ve sold your crypto but now you want to move it back to your bank account.
Note that if you’ve just purchased or sold funds you may still have a withdrawal-based limit. Something I just purchased and sold this morning for the sake of this guide can’t be sold for eight days, for example. Once that time has passed, here’s what you do:
That’s it. Now you’ve learned how to set up Coinbase and use it to buy and sell cryptocurrencies, and even withdraw to your bank when you want to.
► FATF Final Crypto Recommendations: https://www.fatf-gafi.org/publication...
► Notabene FATF Countries (Scroll To Bottom): https://notabene.id/product-travel-rule
► Notabene FATF Crypto Companies: https://app.notabene.id/companies
► Patriot Act: https://en.wikipedia.org/wiki/Patriot...
► FATF Recommendations Have No Impact On Financial Crimes: https://www.ledgerinsights.com/anti-m...
► Thorchain: https://www.thorchain.com/ ~~~~~ -
📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.