How to send crypto from Coinbase to another exchange?

Understanding Wallet Addresses and Network Compatibility

1. Each cryptocurrency operates on a specific blockchain network, and sending assets requires selecting the correct network that matches the receiving exchange’s supported deposit protocol.

2. For example, sending USDC via Ethereum (ERC-20) to an exchange that only accepts USDC on Solana (SPL) will result in permanent loss of funds.

3. Coinbase displays available networks next to each asset during withdrawal — users must verify these options against the destination exchange’s deposit instructions.

4. Some tokens like BTC have multiple address formats (legacy, SegWit, Bech32); using an incompatible format may cause transaction failure or delays.

5. Always cross-check the exact wallet address and network label provided by the receiving platform before confirming any transfer.

Navigating Coinbase’s Withdrawal Interface

1. Log into your Coinbase account and navigate to the “Assets” tab, then select the cryptocurrency you wish to withdraw.

2. Click “Send” and choose “External wallet” instead of “Coinbase user” to initiate an off-platform transfer.

3. Paste the destination exchange’s deposit address carefully — Coinbase performs basic checksum validation but does not confirm network alignment.

4. Enter the amount, review the estimated network fee displayed in real time, and ensure it falls within expected ranges for that blockchain.

5. Confirm with two-factor authentication; Coinbase may require email or SMS verification depending on account security settings.

Monitoring Transaction Status on Blockchain Explorers

1. After submission, Coinbase provides a transaction ID (TXID) — this can be pasted directly into explorers like Etherscan, Blockchair, or Mempool.space.

2. Delays often occur due to low gas fees or network congestion; checking the TXID reveals whether the transaction is pending, confirmed, or dropped.

3. Some exchanges impose minimum confirmation thresholds before crediting deposits — Bitcoin may require 3–6 confirmations while Solana transactions settle in under 2 seconds.

4. If a transaction remains unconfirmed for over an hour on Ethereum, users may need to accelerate or replace it using advanced wallet tools — Coinbase does not support RBF or gas adjustments post-broadcast.

5. Never reuse the same withdrawal address for multiple transfers unless explicitly instructed by the receiving platform — some exchanges generate unique deposit addresses per transaction.

Security Measures During Cross-Exchange Transfers

1. Enable withdrawal address whitelisting in Coinbase Settings if the feature is available for your account tier — this restricts withdrawals to pre-approved addresses only.

2. Avoid copying addresses from emails, chat messages, or unverified websites; always retrieve them directly from the secure dashboard of the destination exchange.

3. Double-check the first and last five characters of both sender and receiver addresses — visual similarity between certain alphanumeric strings increases error risk.

4. Disable clipboard managers or browser extensions that auto-fill crypto addresses unless verified as audited and open-source.

5. Keep screenshots of all TXIDs and timestamps — these serve as critical evidence if disputes arise regarding missing deposits.

Frequently Asked Questions

Q: Can I cancel a crypto withdrawal after confirming it on Coinbase? No. Once broadcast to the blockchain, transactions are irreversible. Coinbase cannot freeze, reverse, or modify on-chain activity.

Q: Why does my deposit show as “received” but not appear in my exchange balance? The receiving exchange may still be processing confirmations. Check its deposit status page or contact support with the TXID.

Q: Does Coinbase charge additional fees beyond the displayed network fee? No. Coinbase only displays the blockchain network fee — no hidden service charges apply to standard withdrawals.

Q: What happens if I send ETH to an ENS domain that isn’t configured for receiving? Funds sent to an unconfigured ENS name will remain inaccessible unless the domain owner has set up a resolver contract pointing to a valid wallet.