How To Withdraw Cryptocurrency From Coinbase And Transfer To Crypto Wallet
a well-known bitcoin exchange Coinbase is one of the most popular cryptocurrency exchanges, but how can you move money from Coinbase to your crypto wallet?
When it comes to choosing between crypto exchanges and crypto wallets, wallets are frequently favored since they provide you with complete control over your bitcoin keys. This, however, comes with its own set of concerns.
Let's look at how to withdraw bitcoin from Coinbase and move it to a wallet in a few simple steps.
Coinbase Cryptocurrency Withdrawals
Users must log in to their individual user accounts and click the Withdraw button next to the cryptocurrency section indicated in the balance category to withdraw monies from their Coinbase accounts or to send them later from Coinbase to Metamask or from Coinbase to Binance. The same procedure may be used to transfer cryptocurrency from Coinbase to Coinbase Wallet.
A window will appear as soon as the user clicks the button. Users will be asked how much money they want to send and where they want the money to go (wallet/bank account).
Coinbase has also added a new Coinbase listings page for customers to follow the latest crypto additions to its database, in order to make its services more complete. The repository allows customers to keep track of which new currencies have been posted on the exchange and are accessible for trading in the future.
A network fee of 1% of the entire transaction must be paid to Coinbase as a network fee imposed by the exchange.
Sending Cryptocurrency To A Wallet Address From Coinbase
Coinbase has produced a detailed guide that describes the basic methods by which a user may move bitcoin to their separate crypto wallets in order to make crypto transfers straightforward and simple for users.
- Users who want to transfer money to their wallets via the Coinbase website can utilize the following procedure.
- Select the portfolio option from the main navigation bar. On the bitcoin wallet, you'd like to transmit from, press the Send button.
- To send money outside of Coinbase, use a wallet address. Users can also transfer crypto to another user's email address in the same category.
- In the Amount area, type the amount of bitcoin you wish to transfer, then select Continue.
- Confirm the information and click Send to complete the transaction.
Users of mobile devices (Android/iOS)
- Select the wallet you want to transfer from the navigation bar by tapping on the menu icon.
- On the top right side of the screen, tap the paper airplanes icon or the Plus icon.
- Fill in the amount you'd like to send (you can always switch currencies here by toggling up and down).
- Click send.
- To complete the transfer, review the information and click Send.