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hello and welcome I am Matt Taylor and
this is my variety channel today I'm
going to show you how to cash out your
cryptocurrency that you have on claim
beige or coinbase Pro and get it back
into US dollars and then transfer that
over back into your bank account so you
can use it to pay for some bills or
maybe you have you want to buy a gift
for somebody or maybe you just want to
put it into your savings it's a really
easy process if I can do it you can do
it let's get started alright here we are
over on coinbase Pro and what I want to
do first is send it from coinbase Pro
over to my coinbase wallet so what I
want to do is come over here to
withdrawal and then I want to select the
currency or the crypto currency that I
want to withdraw and in this case I'm
going to move convert some theorem back
into USD and now what I want to do is
I'm not sending it to another a theorem
address I want to send it to my coinbase
wallet and it'll send it to my etherion
wallet great and the amount I'm going to
send is 0.5 eutherian so that's $86 and
check everything everything looks good
go ahead and hit withdrawal and it goes
really fast from your coin based pro
wallet over to your coin base wallet
super fast this note says it should
arrive in arrive in about 10 seconds
alright great now I'm going to come over
here to my coinbase wallet
I might just refresh that a little bit
come on over here to my accounts and I
can see here on my ether wallet
eutherian wallet I have my funds there
now what I want to do is in order to
convert this over to USD and then
withdraw it to my bank account I'm going
to come up here to buy and sell
and then I'm going to switch this to
sell and then switch this from BTC
that's the default to my aetherium
wallet and then convert to USD and I'm
just gonna go ahead and do the max here
so if you just click down here cellmaxx
and then I'm going to sell it and I'm
going to get eighty six dollars and 35
cents but you can see the value is 89 85
so there is a fee associated with it the
coin base fee is 299 and they have a fee
structure that if you click on here to
learn more the fee structure you can
scroll down here and see what the fee
structure is for withdrawals so if it's
over $50 and less than 200 it's $2.99 so
it is what it is you're paying for a
service it just it is what it is this
nature of the business unfortunately but
there you go and just hit sell and then
it's gonna ask you to confirm your sell
confirm that sell your cell was
successful eighty six dollars and 32
cents will be deposited to your USD
wallet instantly and then I go back over
here to accounts
look at my USD wallet and there is my
money yay okay and now I want to send
this money over to my bank account so
just go to withdrawal USD and then I
have my bank account setup right here
and then I'm just gonna give withdraw
all of it and you're gonna there's no
fee if you're doing a direct transfer
there's no fee for this stage which is
nice continue and it says my funds will
arrive by Friday May 10th 2019 so it's
going to take two or three days for the
funds to a rive and then hit confirm
and my USD withdrawal has finished and
there you have it
done click done and now the withdrawal
has been initiated if i refresh this we
can see right here it was sold and then
eventually when that goes through this
the pot or this account balance will go
down to zero and look as we were talking
it just happened and then you can
there's a notification to my email
saying that this occurred and here is
the transaction happening as we speak
and it'll take a couple days to get
there well there you have it that's how
you cash out your cryptocurrency that
you have on coin base or coin based Pro
and get it back over to your bank
account
really easy to do I'm Matt Taylor this
is my variety channel make sure to
subscribe to my channel hit that
notification bell so you won't miss out
on any of my new videos until next time
happy investing everyone
you
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