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how to send bitcoin to another wallet on coinbase
To transfer Bitcoin to an external wallet, log in to Coinbase, navigate to the "Send" tab, select the sending wallet, specify the recipient's address, set the amount, choose a network fee, review and confirm the transaction, and finally, check the transaction status.
Nov 03, 2024 at 12:19 am
How to Send Bitcoin to Another Wallet on Coinbase
Step 1: Log in to Coinbase
Go to the Coinbase website (www.coinbase.com) and log in to your account.
Step 2: Navigate to the "Send" Tab
Click on the "Send/Receive" tab in the top navigation bar. Select "Send" from the drop-down menu.
Step 3: Select the Sending Wallet
Choose the wallet from which you want to send the Bitcoin. By default, Coinbase will display your Bitcoin wallet. If you have multiple wallets, click on the "From" drop-down menu and select the desired wallet.
Step 4: Enter the Recipient's Address
Enter the Bitcoin address of the recipient. You can copy and paste the address from their wallet or address book. Ensure the address is accurate to avoid sending your Bitcoin to the wrong address.
Step 5: Set the Amount
Type in the amount of Bitcoin you wish to send. You can enter the amount directly in Bitcoin (BTC) or click on the "Fiat" tab to convert it to your local currency.
Step 6: Choose Network Fee
Coinbase allows you to choose between different network fees. Higher fees generally result in faster transaction processing times. Select the desired network fee from the drop-down menu.
Step 7: Review and Send
Once you have reviewed all the details, click on the "Send" button. Coinbase will display a confirmation message asking you to verify the transaction details. Confirm the transaction by clicking on the "Confirm" button.
Step 8: Check Transaction Status
After confirming the transaction, Coinbase will process it, and you can track its status on the "Transactions" page. Once the transaction is complete, the funds will be sent to the recipient's wallet.
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