how to send bitcoin from coinbase to electrum wallet

To send Bitcoin from Coinbase to Electrum Wallet, copy the Electrum wallet address and enter it in the "To" field of the Coinbase "Send/Receive" page, specifying the amount to transfer and verifying the transaction before hitting the "Send" button.

Oct 31, 2024 at 08:31 pm

How to Send Bitcoin from Coinbase to Electrum Wallet

Step 1: Create Electrum Wallet

• Visit the Electrum website and download the wallet for your operating system.
• Install the wallet and create a new wallet.
• Write down your recovery seed phrase in a secure location.

Step 2: Copy Electrum Wallet Address

• Open your Electrum wallet.
• Click on the "Receive" tab.
• Locate your wallet address in the "Receive coins" field.
• Copy the address to your clipboard.

Step 3: Go to Coinbase Account

• Log in to your Coinbase account.
• Click on the "Send/Receive" tab.

Step 4: Enter Recipient Address

• In the "To" field, paste the Electrum wallet address you copied in Step 2.

Step 5: Enter Amount

• Specify the amount of Bitcoin you want to transfer.
• Coinbase may charge a small transaction fee.

Step 6: Verify and Send

• Review the transaction details carefully.
• Click on the "Send" button to initiate the transfer.

Step 7: Confirm Transaction

• Coinbase will send a confirmation email.
• You can also check the transaction status on the Coinbase website or in your Electrum wallet.

Tips:

• Use a strong password for your Coinbase account and Electrum wallet.
• Store your recovery seed phrase in a secure and private location.
• Double-check the recipient address before sending any funds.
• Bitcoin transactions can take a few minutes to complete.