How To Withdraw Cryptocurrency From Coinbase And Transfer To Crypto Wallet

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Popular cryptocurrency exchange Coinbase is one of the leading crypto exchanges, but how do you go about sending coins to your crypto wallet from Coinbase?

In the battle of crypto exchanges versus crypto wallets, wallets are often preferred as they give you total control of your cryptocurrency keys. However, this does come with its risks.

Let's take a look at some simple procedures on how to withdraw cryptocurrency from Coinbase and transfer it to a wallet.

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Cryptocurrency Withdrawals Via Coinbase

To withdraw funds from your Coinbase accounts, users are required to log in to their respective user accounts and click on the Withdraw button next to the cryptocurrency section listed in the balance category.

As soon as a user clicks on the button, a window will pop up. This will ask users about how much funds they would like to transfer and where would they want their funds to go (wallet/bank account).

Users must pay 1% of the total transaction to Coinbase as a network fee charged by the exchange.

Sending Cryptocurrency To A Wallet Address From Coinbase

To make crypto transfers easy and simple for the users, Coinbase has formulated a comprehensive guide that explains the simple ways through which a user can send cryptocurrency to their independent crypto wallets.

Via Web

Users who wish to use the Coinbase website to transfer funds to their wallet may refer to the following method.

  • From the main navigation bar, choose the portfolio option. Press the Send button on the cryptocurrency wallet that you'd like to send from.
  • Select the wallet address external to Coinbase to send funds to. Users also have an option to send crypto via an email address within the same category.
  • Enter the required amount of cryptocurrency you want to send in the Amount section, then press Continue.
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  • Confirm the details and click on send to confirm the transfer.

Mobile Users (Android/iOS)

Tap on the menu icon and select the wallet you wish to send from, listed under the navigation bar.

  • Tap on the paper aeroplane icon or the + icon displayed on the upper right side of the screen.
  • Enter the amount you wish to send (you can always switch currencies here by toggling up and down).
  • Click send.
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  • Review the details and press send to complete the transfer.

Read More: How To Transfer Cryptocurrency From Coinbase To Coinbase Pro

[Image: Jeremy Bezanger/Unsplash]