How to Transfer Crypto from Coinbase to Coinbase Wallet (2024)

You can transfer crypto from Coinbase to Coinbase Wallet in 2 ways:

How to Transfer Crypto from Coinbase to Coinbase Wallet Manually

To transfer from Coinbase to Coinbase wallet, you need to select the cryptocurrency and copy its address on your Coinbase wallet.

Then, you need to paste that address into your Coinbase account and enter the amount.

Enter the verification code that you will be received to complete the transfer.

There will be a network transaction/ miner’s fee to transfer cryptocurrencies from Coinbase to Coinbase wallet.

Coinbase to Coinbase wallet transfer time is usually a couple of minutes.

Steps to Transfer Crypto from Coinbase to Coinbase wallet

  1. Install Coinbase wallet
  2. Tap Receive and select a coin
  3. Copy the address
  4. Go to your Coinbase account
  5. Click on Send/ Receive
  6. Paste your Coinbase wallet address
  7. Enter the verification code
  8. Check your Coinbase Wallet

1. Install Coinbase wallet

In case you have not installed Coinbase wallet yet, you can download it here: Chrome, Android, and iOS.

For the purpose of this guide, we will be using the Coinbase Wallet mobile application.

After downloading the wallet, you will be given a 12-word seed/ recovery phrase. Ensure to store it in a safe place.

At this point in time, you also need to set a password to access your Coinbase wallet.

Once you are done with the installation process, open your Coinbase wallet.

2. Tap Receive and select a coin

Once you are inside the Coinbase Wallet application, you can see Send, Receive, and Trade options on your dashboard.

Click on Receive.

Now, you need to select the crypto asset that you want to transfer from your Coinbase account to your Coinbase wallet.

Type in the search box to find the asset.

Here, we will be transferring ETH from Coinbase to Coinbase Wallet.

How to Transfer Crypto from Coinbase to Coinbase Wallet (1)

3. Copy the address

Tap on the crypto asset once you have found it.

Now, you can see a QR code and wallet address down below.

You can copy the address just by clicking on the address.

How to Transfer Crypto from Coinbase to Coinbase Wallet (2)

4. Go to your Coinbase account

Now, go to the Coinbase website.

Get sign in by typing your email address and password.

5. Click on Send/ Receive

Once you are inside your Coinbase account, you can see Send/ Receive on the top right corner of your dashboard.

Click on it.

6. Paste your Coinbase wallet address

Now, you will be able to see Send/ Receive window.

By default, you will be on Send tab.

You need to select the cryptocurrency that you wish to send in the Pay With field.

Then, paste the Coinbase Wallet address you have copied a while ago in the To field.

Note field can be left as empty as it is optional.

Finally, enter the amount of cryptocurrency that have selected to transfer.

How to Transfer Crypto from Coinbase to Coinbase Wallet (3)

Then, click Continue.

7. Enter the verification code

Upon clicking Continue, there will be a confirmation pop-up.

Review the address, amount, and gas fee.

Click Send Now.

Now, a verification code will be sent to your registered phone number.

You need to type in to proceed further on the transfer.

8. Check your Coinbase Wallet

After submitting the verification code, your transfer will be successful.

You can head back to your Coinbase wallet and see the balance under the Coins tab.

How to Transfer Crypto from Coinbase to Coinbase Wallet (4)

FAQs

1. Why can’t I transfer from Coinbase to Coinbase Wallet?

You can’t transfer from Coinbase to Coinbase Wallet if the sum of the transfer amount and network fee exceeds your account balance.

Also, if your funds are on hold, you can only buy and sell; you are not allowed to transfer. Hence, wait for a few days until your bank clears the funds.

2. Can’t I send crypto from Coinbase to Coinbase wallet via connecting Coinbase wallet to Coinbase?

You can send crypto from Coinbase to Coinbase wallet via connecting Coinbase wallet to Coinbase. But you can only send a few accepted cryptocurrencies such as BTC, BCH, DOGE, LTC, Stellar Lumens, XRP, and ERC-20 tokens including USDC.

How to Transfer Crypto from Coinbase to Coinbase Wallet (2024)

FAQs

How to Transfer Crypto from Coinbase to Coinbase Wallet? ›

You can transfer crypto from one Coinbase user's primary balance to another user's primary balance without any charges. For transactions on cryptocurrency networks (i.e. transfers of cryptocurrency off the Coinbase platform), Coinbase incurs and pays network transaction fees (e.g. miner fees).

How do I transfer cryptocurrency from Coinbase to wallet? ›

Transfer crypto from your Coinbase account to your Coinbase Wallet
  1. Open. ...
  2. Select 'Transfer', then 'Send Crypto'
  3. Select the supported asset you wish to transfer.
  4. When prompted to enter the address you would like to send to, tap the address that shows your email address below it.

Does Coinbase charge to transfer to Coinbase Wallet? ›

You can transfer crypto from one Coinbase user's primary balance to another user's primary balance without any charges. For transactions on cryptocurrency networks (i.e. transfers of cryptocurrency off the Coinbase platform), Coinbase incurs and pays network transaction fees (e.g. miner fees).

What is the difference between Coinbase and Coinbase Wallet? ›

Coinbase is a centralized platform to buy, sell, and trade crypto, offering convenience and accessibility for new crypto users. Coinbase Wallet provides users with self-custody of their crypto assets, empowering them to control their private keys and enabling interaction with DeFi protocols and NFT marketplaces.

Why can't I transfer crypto from Coinbase? ›

Coinbase puts safeguards in place to prevent potential loss from irreversible transactions. In some situations, accounts may be temporarily restricted from sending cryptocurrency off the Coinbase platform for a period of time. Other restrictions may also apply, depending on our internal security and risk assessment.

Can I transfer my Coinbase crypto to Coinbase Wallet? ›

Transferring crypto

If you select the Buy button, you'll be prompted to log into your Coinbase account, and from there you can see which crypto is available to be moved to your wallet — just choose the coin and enter the desired amount and you're all set.

How much does it cost to move from Coinbase to Coinbase Wallet? ›

Does it cost money to move my crypto from Coinbase to a wallet? Coinbase does not charge a fee for moving your cryptocurrency off the platform.

Should I move my crypto to a wallet? ›

You can store large amounts of cryptocurrencies by any storage method, but storing them in cold wallets is best. Cold wallets are the most secure option and can store any amount of cryptocurrencies for a long time.

What is the point of Coinbase Wallet? ›

Coinbase Wallet is a self-custody wallet that gives you complete control of your crypto. This means that the private keys (that represent ownership of the cryptocurrency) for your Wallet are stored directly on your mobile device and not with a centralized exchange like Coinbase.com.

What are the disadvantages of Coinbase Wallet? ›

Cons of Storing in Coinbase Wallet:
  • Limited Control: By storing cryptocurrency in a Coinbase wallet, users are entrusting their funds to a third party. ...
  • Fees: Coinbase charges fees for transactions and storage, which can add up over time.
Mar 4, 2024

Is my money safer in Coinbase or Coinbase Wallet? ›

On Coinbase.com, store crypto assets are stored on their online exchange; however, these crypto assets are out of user control, which makes them vulnerable to external hacking or attacks. On the other hand, Coinbase Wallet offers a more secure way to store your crypto holdings in a self-custody wallet.

Does Coinbase Wallet report to the IRS? ›

Under some circ*mstances, Coinbase does report to the IRS, but that doesn't imply the individual taxpayer is not responsible for reporting. Coinbase's reports to the IRS can include forms 1099-MISC for US traders earning over $600 from crypto rewards or staking in a given tax year.

How to move from Coinbase to Wallet? ›

Once you've connected your Coinbase account to your Wallet, then follow the below steps:
  1. On the Assets tab, select Receive then choose Receive from Coinbase.
  2. Select the Transfer from Coinbase tab.
  3. Select the asset balance you'd like to transfer.
  4. Select Continue. ...
  5. Select Confirm, and follow the remaining prompts.

Why is my Coinbase account restricted from sending crypto to another wallet? ›

Reasons for account restriction

Suspicion of malicious activity targeting your account. Detection of a security issue during account recovery. Requested by you via a link in a Coinbase email due to unrecognized account activity.

How to cash out on Coinbase Wallet? ›

Mobile app
  1. Access the Coinbase mobile app.
  2. Select My assets, then Cash out.
  3. Enter the amount you want to cash out.
  4. Select your Cash out from balance and choose your Deposit to destination.
  5. Select Preview cash out and confirm your selections.
  6. Select Cash out now to complete your transfer.

How to withdraw crypto from Coinbase? ›

Withdraw cryptocurrency (assets) on Coinbase Exchange
  1. Sign in to Coinbase Exchange.
  2. Click the Trading tab.
  3. Under Wallet Balance, select Withdraw.
  4. Search for and select asset you'd like to withdraw.
  5. Choose your withdrawal method you'd like to use.
  6. In the To field, enter the external wallet address.

Should I take my crypto off Coinbase? ›

Coinbase has excellent security measures to ensure its users' funds are safe. However, we recommend moving your crypto assets off any exchange into a self-custodial hardware wallet.

How do I transfer money from Coinbase to hardware wallet? ›

If your funds are on an exchange such as Coinbase, log on to your account. From there, click the send/receive button and copy the address provided in the hardware wallet software. After waiting a few moments, you should see your funds show up on the hardware wallet's dashboard.

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