Trading on the Kraken platform can be performed by exchanging cash such as USD, EUR and CAD for cryptocurrency or exchanging one cryptocurrency for another .
Read moreHow much does it cost to withdraw crypto?
There is a 1% fee to convert and withdraw your crypto to cash in addition to standard network fees. A network fee is necessary in order to have your transaction processed by the decentralized cryptocurrency network.
Read moreWhat happens when you withdraw from Coinbase?
Once the action is complete, your cash will be available in your cash wallet (USD Wallet, for example). You can immediately cash out your funds by tapping Withdraw funds in the Coinbase mobile app or Cash out funds from a web browser.
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