Heres a quick explanation: Coinbase is an app that lets you purchase and sell all sorts of cryptocurrencies, like bitcoin, ethereum, litecoin and about 50 others. CNBCNow Ill show you how to buy some cryptocurrency. Tip: You can buy portions of cryptocurrency, so you can spend $5 on roughly.0006204 bitcoin (at its $64,635 cost) or nevertheless much you want.”Review the order: Note Coinbase takes a portion of the purchase, so if youre aiming to buy $5, itll take about a $0.99 cut of the deal. Now youve discovered how to set up Coinbase and utilize it to buy and sell cryptocurrencies, and even withdraw to your bank when you desire to.
CNBCNow lets say youre ready to offer your crypto properties. Heres what you do.Tap the blue circle icon on the main page. It reveals 2 arrows.Choose Sell.Select the asset you want to offer, in this case, well pick bitcoin.Choose just how much you want to offer, or tap the “Max” button left wing of the page to sell it all.Review the page, again keep in mind the Coinbase fee.Tap “Sell now.”How to withdraw your money from CoinbaseHow to withdraw funds from CoinbaseTodd Haselton