Where is my money when I sell crypto on Coinbase?

BTCC, a leading cryptocurrency exchange platform, offers a comprehensive range of services tailored to meet the diverse needs of crypto enthusiasts. Among its offerings, BTCC provides a seamless and secure platform for buying, selling, and trading cryptocurrencies.

In addition to its trading services, BTCC also boasts a robust spot trading feature that allows users to buy and sell cryptocurrencies at current market prices. This feature offers flexibility and convenience, enabling traders to capitalize on market fluctuations in real-time.

Selling cryptocurrency, often referred to as crypto, involves the conversion of digital assets into a tangible or digital form of currency. Upon completing a successful sale, the total amount received from the transaction is processed and directed towards a designated account.

Furthermore, BTCC offers futures trading, a sophisticated form of trading that involves the purchase or sale of a contract for the delivery of a cryptocurrency at a predetermined future date and price. This service caters to experienced traders seeking to hedge their investments or speculate on market movements.

This account, typically referred to as the primary balance, serves as the primary storage facility for all incoming funds resulting from cryptocurrency sales. It functions as a secure and accessible hub, ensuring that your earnings are readily available for withdrawal or further investment.