how to transfer money out of coinbase wallet

To withdraw funds from your Coinbase Wallet, open the app, tap "Balances," select the cryptocurrency to withdraw, and follow the on-screen instructions to enter the recipient's address and confirm the transaction.

Nov 07, 2024 at 05:45 am

How to Transfer Money Out of Coinbase Wallet

Coinbase Wallet is a digital currency wallet that allows users to store, send, and receive cryptocurrencies. If you want to withdraw funds from your Coinbase Wallet, follow these steps:

1. Open the Coinbase Wallet app: Launch the Coinbase Wallet app on your mobile device.

2. Tap on the "Balances" tab: This will show you a list of your cryptocurrencies and their balances.

3. Select the cryptocurrency you want to withdraw: Tap on the cryptocurrency you want to withdraw from your Coinbase Wallet.

4. Tap on the "Send" button: This will open a screen where you can enter the recipient's address and the amount you want to send.

5. Enter the recipient's address: In the "To" field, enter the recipient's cryptocurrency address. This is a unique string of characters that represents the recipient's digital wallet.

6. Enter the amount you want to send: In the "Amount" field, enter the amount of cryptocurrency you want to send.

7. Tap on the "Continue" button: This will take you to the next step.

8. Review the transaction details: Make sure that the recipient's address and the amount you want to send are correct. Then, tap on the "Send" button.

9. Enter your Coinbase Wallet password: You will be prompted to enter your Coinbase Wallet password to confirm the transaction.

10. Tap on the "Confirm" button: This will send the transaction to the blockchain. The transaction will be processed and the funds will be transferred to the recipient's wallet.

Note: There is a small fee for each transaction. The fee is calculated based on the size of the transaction and the current network conditions.