To successfully cash out your Shiba Inu Coin, you will need to first choose an appropriate cryptocurrency exchange that supports SHIB transactions. Popular options include Binance, Coinbase, and Kraken.Before you proceed, ensure you have completed the registration process on your chosen platform and have verified your identity, as most exchanges require KYC (Know Your Customer) documentation. Once your account is set up, deposit your Shiba Inu coins into the exchange wallet. You can do this by following these steps:
- Navigate to the “Wallet” or “Funds” section of the exchange.
- Select ”Deposit” and find Shiba Inu Coin (SHIB).
- Copy the provided wallet address and send your SHIB from your personal wallet.
After your Shiba Inu credits are visible in your account,you can convert them into a fiat currency or another cryptocurrency. To withdraw your funds:
- Go to the ”Trade” section and select the appropriate trading pair.
- Input the amount you wish to sell and confirm the transaction.
- Once your trade is complete, visit the “Withdraw” section.
Here you can choose your bank account or a payment method to cash out your earnings. Make sure to check the withdrawal fees and transaction times for a smoother cash-out process.
