To cash out crypto on Coinbase, you must first convert your digital assets into fiat currency (USD, EUR, GBP, etc.) within the Coinbase platform. Here’s the simplified process:
1. Log in to your Coinbase account.
Use the website or mobile app to access your portfolio.
2. Select the cryptocurrency you want to sell.
This could be USDC, Bitcoin, or any other supported coin.
3. Click on “Sell.”
Choose the amount and select your local fiat currency.
4. Select payout method.
Options include bank transfer, PayPal (in some regions), or debit card.
5. Confirm the transaction.
Once completed, the fiat balance will appear in your Coinbase account, ready to withdraw to your bank.