How to send crypto to another user on Coinbase

Understanding the Basics of Sending Crypto on Coinbase

Sending cryptocurrency from one user to another on Coinbase is a straightforward process, but it requires careful attention to detail. Before initiating any transaction, ensure your Coinbase account is fully verified and that you have sufficient funds in your crypto wallet. Coinbase supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). Each transaction involves selecting the correct asset, entering the recipient’s wallet address, and confirming the amount. It’s crucial to understand that once a transaction is sent, it cannot be reversed. Therefore, double-checking all details is essential.

Accessing the Send Feature in Your Coinbase Account

To begin sending crypto, log in to your Coinbase account via the website or mobile app. Navigate to the 'Wallets' section, where you’ll see a list of your holdings. Select the cryptocurrency you wish to send. After selecting the asset, click on the “Send” button. This action opens the transaction interface, where you’ll input the recipient’s information. On the mobile app, the “Send” button is typically represented by an upward arrow icon. On the web version, it appears as a clearly labeled button beneath your wallet balance.

Entering the Recipient’s Information Accurately

The next step involves providing the recipient’s details. You have two options: entering a wallet address or using a Coinbase username (if the recipient has enabled this feature). If using a wallet address, ensure it is correct and corresponds to the same network as the cryptocurrency you’re sending. For example, sending ETH to a BEP-20 address will result in permanent loss of funds. Always copy and paste the address instead of typing it manually to avoid errors.

• Tap or click the field to enter the recipient
• Choose between “Address” or “Username”
• Paste the wallet address or type the username
• Confirm the network type matches the asset

If sending to a Coinbase username, the platform will automatically validate the recipient. This method reduces the risk of sending funds to an incorrect destination.

Specifying the Amount and Reviewing Transaction Fees

After entering the recipient, specify the amount of crypto you want to send. You can enter the amount in either cryptocurrency units or fiat currency (e.g., USD), and Coinbase will convert it accordingly. Below the amount field, you’ll see an estimate of the network transaction fee. This fee depends on blockchain congestion and the selected cryptocurrency. For example, Bitcoin fees fluctuate based on network demand, while USDC on Ethereum may include gas fees.

• Enter the desired amount in crypto or USD
• Observe the real-time conversion rate
• Review the estimated network fee
• Adjust the amount if necessary to account for fees

Keep in mind that Coinbase covers the network fee in most cases when sending to another Coinbase user using a username. However, external wallet transfers always incur a fee paid to the blockchain network.

Confirming and Finalizing the Transaction

Before completing the transaction, you’ll be taken to a confirmation screen. This screen displays the recipient, amount, network fee, and total deduction from your account. It also warns you that the transaction is irreversible. If two-factor authentication (2FA) is enabled, you’ll need to enter a code from your authenticator app or SMS. Once verified:

• Carefully review all transaction details
• Ensure the recipient address is correct
• Confirm the amount and fees
• Enter your 2FA code if prompted
• Tap or click “Send” to execute

After confirmation, the transaction is broadcast to the blockchain. You can track its status in the transaction history section of your wallet. The recipient should receive the funds within minutes, depending on network speed.

Troubleshooting Common Sending Issues

Occasionally, users may encounter issues when sending crypto on Coinbase. One common problem is an invalid address error. This usually occurs when the address format doesn’t match the cryptocurrency’s network. For example, a Solana (SOL) address starts with “So”, while an Ethereum address starts with “0x”. Always verify the address prefix.

Another issue is insufficient funds. This can happen if you don’t have enough balance to cover both the amount sent and the network fee. Even if Coinbase covers the fee for internal transfers, external sends require adequate funds. If a transaction remains pending for an extended period, it may be due to low network fees or high congestion. In such cases, waiting is the only option, as transactions cannot be canceled.

• Verify the address format matches the crypto network
• Ensure your balance covers the amount and fees
• Check network status for delays
• Avoid re-sending the same transaction

Frequently Asked Questions

Can I send crypto from Coinbase to a non-Coinbase wallet?Yes, you can send cryptocurrency from your Coinbase account to any external wallet. Ensure the recipient wallet supports the specific cryptocurrency and network. For example, sending ETH requires an Ethereum-compatible wallet like MetaMask. Always confirm the correct network (e.g., ERC-20 for USDC) before initiating the transfer.

What happens if I send crypto to the wrong address?If you send crypto to an incorrect or invalid address, the transaction cannot be reversed. Blockchain transactions are immutable. If the address is valid but belongs to someone else, the funds are likely lost unless the recipient voluntarily returns them. Always double-check addresses before confirming.

Why does my transaction show as pending for a long time?A pending transaction usually indicates network congestion or a low transaction fee. The blockchain prioritizes transactions with higher fees. If the fee was too low, it may take hours or even days to confirm. In rare cases, the transaction may fail and be refunded after a period.

Is there a limit on how much crypto I can send from Coinbase?Yes, Coinbase imposes sending limits based on your account level, verification status, and region. These limits can be viewed in the “Limits” section of your account settings. You may be able to increase your limits by completing additional verification steps.