How to sell your USDC on Base via Onboard Exchange
Here is a step by step guide on how to sell your USDC on Base via Onboard Exchange:
Note, you'll need a small amount of ETH as gas fees to complete this transaction. Find out more about gas fees here
1. Launch your Onboard App
Begin by opening the onboard app on your device. Ensure you have the latest version to access the full range of features.
2. Locate the Swap Button
Once inside the app, make sure your network is on Base then click on the ‘swap’ button located under your balance.
3. Convert to Your Local Currency
Scroll to the bottom of the page and click on the option that says ‘convert to your local currency.’
4. Choose Your Asset
Select the cryptocurrency you want to convert (USDC)
5. Select Your Transfer Option
Now, click on your preferred transfer option, choose the one that suits you.
6. Enter Amount and Continue
Input the amount you wish to convert and click ‘continue.’
7. Choose Payment Method
You’ll be directed to a different page, select your desired payment method. Click ‘continue’ to proceed with the transaction.
8. Confirm Your Order
Review your order details and confirm by clicking the ‘sell USDC’ button.
9. Validate the Transaction
To validate your order, click on ‘allow transaction.’
10. Enter Password / FaceID
Enter your password when prompted and wait for the approval of your order. (Only a few seconds). You can also complete this step with your biometrics (Face ID or Fingerprint).
11. Finalise the Process
Once your order has been approved, and the fiat currency is in your bank account, click on the “payment received” button to complete the process. Ensure you have received payment before clicking the “payment received” button.
That’s it, you should now have your cash in your bank account!
Updated on: 09/02/2024
Thank you!