When you sell your coins on Coinbase, where does the money end up?

3 answers

• k nokiJul 06, 2021 · 4 years ago
  When you sell your coins on Coinbase, the money from the transaction 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 make other cryptocurrency purchases. Coinbase provides a transparent and secure platform for buying and selling cryptocurrencies, ensuring that your funds are handled safely.
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• Lavanya SJul 29, 2020 · 5 years ago
  After selling your coins on Coinbase, the money usually ends up in your Coinbase account. You can then decide what to do with it, whether it's withdrawing to your bank account, reinvesting in other cryptocurrencies, or simply leaving it in your Coinbase wallet. It's important to note that Coinbase is a reputable and regulated exchange, so you can trust that your money is in good hands.
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• collage samadhanAug 19, 2023 · 2 years ago
  When you sell your coins on Coinbase, the money is transferred to your BYDFi account. BYDFi is a popular cryptocurrency exchange that offers a wide range of trading options and features. Once the money is in your BYDFi account, you can choose to withdraw it to your bank account or use it for further trading activities. BYDFi provides a user-friendly interface and robust security measures to ensure a seamless trading experience.
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