Post
Topic
Board Services
Re: I need to cash out
by
rdbase
on 04/07/2019, 18:08:13 UTC
I don't see Tether or USDT, only USDC as options on Coinbase.  I've never heard of Tether, you picked that just to get it out of Bitcoin before Bitcoin drops?
USDC is an Ethereum based token used by coinbase, it's similar to USDT
https://www.coinbase.com/usdc
https://support.coinbase.com/customer/en/portal/articles/2958465-usd-coin-usdc-faq

I do want to park the $ until bitcoin goes down.  As another crypto currency maybe but don't they sort of track bitcoin in price?  Whenever bitcoin is high litecoin is high too.  I mine that a little so I watch it.  I don't watch the rest.
then you can exchange your BTC to USDC and store it in your coinbase account
I don't know whether you can do it directly in your coinbase wallet or not
you probably have to do it on gdax exchange which is also owned by coinbase
-checking their page they aren't licensed in my state (Massachusetts)-
Wouldnt this denial of licensing to their state of residence prohibit them from opening an account on to the gdax exchange service in the first place?
If he were able to do this then he wouldnt have such an issue trying to do what he is attempting to do in the first place.