How to sell Ethereum (ETH) on Coinbase ?
You want to sell Ethereum on Coinbase, but you’re not sure how to work this platform. No problem : we will guide you step-by-step to do this.
Your registration on Coinbase
Before you can sell Ethereum on Coinbase, you have to register on this platform. However, not to worry, since this is really not difficult. You simply follow the steps. The first of them is to give several personal information, including your name, your first name and your e-mail. You also need to create a password. To limit the risks of piracy, we recommend that you choose a complex password. Once this is done, you will receive an email containing a link that will allow you to validate your account.
As soon as your account is validated, you must indicate whether you are registering as an individual or as a company. You will also need to provide your phone number before you indicate on Coinbase the code that you received via SMS. We also recommend you to associate your mobile phone number to your account Coinbase. You’ll then have a double safety, since you will receive a SMS for each transaction.
The verification of your identity
However, you will not be able to take full advantage of your account Coinbase as your identity has not been verified. But again, this is really not complicated. In fact, you’ll simply have to send a proof of identity in progress of validity. This can be your identity card, your passport or your driving licence. To provide it, it will be necessary for you to take a photo holding your id in hand. This photograph can be taken with your webcam or with your mobile phone. However, if you want to do it in a more traditional manner, you can also send your document on the platform.
Sell Ethereum using Coinbase
In order to be able to sell Ethereum on Coinbase, it is obviously necessary that you have on your account. To get a hold of them, you can the miner, the transfer from an online wallet, or another platform, or buy directly on Coinbase. Once this is done, you can finally sell your Ethereum. To do this, you must go to the tab “Sell” and enter the number of ethers that you want to sell and the amount to which you want it to be sold. You will then need to indicate which portfolio is Ethereum that you wish to resell, and the account on which you would like to have the money you should be paid. When you have found a transaction that suits you, you just have to confirm. Once the transaction has been accepted and validated, the money is directly deposited to your account so that Ethereum is transferred to the buyer.
What you must remember
- Before you can sell Ethereum, you need to register on the platform Coinbase and verify your account.
- Your identity must then be verified. For this, you need to provide proof of identity in progress of validity.
- Then, in order to sell your Ethereum, you must go to the tab “Sell” and following the different steps.