Quote:
Originally Posted by sirin
New to Crypto, would appreciate someone walking me through this.
So I have a CoinBase account, and I set up a MetaMask account. I then bought some ETH on MetaMask via CoinBase, and sent the verification amount to my Coin Poker account. (I already have some CHP from freerolls).
So if I withdraw from Coin, it goes to the Metamask account right? Is it CHP or ETH that I withdraw?
And having done that, how do I get that into my bank account as euros?
Apologies if these are stupid questions!
I am using myetherwallet so i don't know specifications on MetaMask
You should do verification/deposits/withdraws in CHP. But yes, if you withdraw you get CHP to your wallet what support CHP token.
Would recommend testing first out if all works with small amount when withdrawing to see if all works as needed.
To actually get in any fiat currency (USD/EUR) you need send your CHP to exchange (i believe there is only allcoin exchange right now) and sell to people who wants buy it from you and get more accepted crypto currency like ETH/BTC.
When you get some of theses bigger coins you can look into how to withdraw BTC/ETH to fiat like EUR. Ewallets like skrill/neteller allow deposits via BTC for example, localbitcoin allow you sell directly to someone for cash ect. There is more options you can search up. Or you can just buy stuff in stores who accept BTC/ETH.
You can expect some fees in every step.
Last edited by krabis; 02-15-2018 at 05:35 PM.