All Coinbase Wallet transactions are processed on the blockchain which means senders will be charged a miner fee. Show Sending and receiving unsupported assets through Wallet can cause you to lose them. Find out which assets are supported. Be sure you're using your unique QR code for the correct coin to avoid any issues receiving your funds. Receiving cryptoYou can generate a unique address (QR code) from your Wallet to ensure the correct address. To receive supported crypto or digital assets:
To transfer assets from your existing balance on Coinbase, see instructions here. Sending cryptoSend supported crypto right from Coinbase Wallet to another wallet. Learn how to transfer funds between your Coinbase.com account and your Wallet. To safeguard against sending funds to an incorrect address, we suggest asking the receiver for their unique QR code or web3 username. Note that you can send supported assets using a cryptocurrency address, Coinbase Wallet username, or ENS (Ethereum Name Service for ETH/ERC-20). Open the Tap Send. Select the asset and amount you'd like to send Tap Next. Enter the exact address, ENS or username of the recipient you would like to send the funds to. If you’re using the Coinbase Wallet mobile app, you can also tap the to scan the recipient's unique QR code.Review and confirm the transaction. Select the asset from the Wallet extension. Enter the amount you'd like to send. Enter the recipient's information. Click Send. If you use a Ledger wallet on the Coinbase Wallet extension, you’ll need to sign/approve the transaction on your Ledger device. Make sure “blind signing" is enabled on the device—blind signing is required to sign/approve transactions. If you have issues completing transactions on your Ledger, see our troubleshooting and tips to fix the issue. Network feesNetwork fees, also known as miner fees, are paid to the miner for processing crypto transactions and securing the respective network—these fees do not go to Coinbase. For example, if you’re sending an ERC-20 token, you'll need enough ETH in your wallet to pay a miner’s fee so that your transaction is processed and confirmed on the Ethereum blockchain. What's a “miner”?A miner is an individual or entity that manages a node (or group of nodes) which are responsible for adding new transactions to blocks and verifying blocks created by other miners. When sending or receiving cryptocurrency, be sure to select the correct network or your funds will be lost. Learn more about multiple networks. You can use your Coinbase account to send and receive supported cryptocurrencies. Sends and receives are available on both mobile and web. Note that Coinbase cannot be used to receive ETH or ETC mining rewards. SendThere are two ways to send crypto on Coinbase: on-chain or off-chain. On-chain sends are used to send funds from the Coinbase platform to an external address on the blockchain. On-chain sends are irreversible; Coinbase can’t retrieve funds that were sent to the incorrect address or using the incorrect network. On-chain sends incur network fees and take time to process. Off-chain sends allow you to send funds to another Coinbase user using their phone number, email address, or username. Off-chain sends are instant and incur no transaction fees. Web (Coinbase.com)
Coinbase mobile app1. Tap Send on the Home or Pay tab.2. Select the asset. 3. Select a contact or enter a recipient's email, phone number, crypto address, or ENS name. You can also get this info by scanning the recipient's QR code. 4. Enter the amount of crypto you'd like to send (you can toggle between the cash or crypto amounts). 5. Select the network that you’d like to send on, if applicable (only available for assets that are supported on multiple networks; always confirm that your recipient’s wallet supports this network. You don’t need to select a network if you’re sending to a user’s email or phone number). 6. Leave a note (optional), then select Preview. 7. Confirm the transaction details. 8. Select Send now. If you're trying to send more crypto than you have in your crypto balance, you'll be prompted to top up when doing the send. Important: All sends to crypto addresses are irreversible. Coinbase cannot retrieve funds sent to the incorrect address or using the incorrect network. If you’re experiencing issues sending crypto, try the following steps before contacting support. To see the status of a transaction, select the asset balance in your Coinbase account, which will display the transaction history, then select the individual transaction you want to view. I sent crypto but the recipient claims they haven’t received the funds. Confirm that the transaction has been fully completed and has met the minimum number of confirmations, which varies by asset (e.g., BTC requires 2 confirmations; ETH and all ERC20 assets on the Ethereum network require 14 confirmations). Confirm that the address you sent the funds to is the correct address for the recipient (you can see which address was used by viewing the transaction’s detail page). Confirm that the network the recipient expected to receive the funds on is the same network that you used to send the funds (you can see which network was used by viewing the transaction’s detail page). If the transaction was sent on the incorrect network, Coinbase will not be able to recover the funds. Learn more about sending on other networks. Wait at least 30 minutes. Blockchain transactions take time to complete. Most transactions will be completed within 30 minutes. Check the number of confirmations. If the number of confirmations is stuck at 0 for an extended period of time, contact our support team. ReceiveYou can share your unique cryptocurrency address to receive funds through your web browser or mobile device after signing in. By opting into Instant sends in your privacy settings, you can control whether you want your crypto address to be verifiable as a Coinbase user. If you opt in, then other users can send you money instantly and for free. If you opt out, then any sends to your crypto address will remain on-chain. Many assets, like USDC, exist on multiple networks. When receiving crypto into your Coinbase account, confirm that the sender is sending the funds on a network that Coinbase supports. Funds sent from the incorrect network will not appear in your account and will be lost. Coinbase is unable to retrieve funds that are sent from an incorrect network. Web (Coinbase.com)
Coinbase mobile app
Note: To receive cryptocurrency, you can share your address, select Copy Address, or allow the sender to scan your QR code. If someone tried to send crypto to your address but it isn’t showing in your account, try the following steps. Note that in periods of high network congestion, it may take longer for a transaction to complete. Close and re-open your app or browser. Make sure that your app is updated to the latest version. Confirm that you provided the sender with the correct address on the correct network. Confirm that the sender sent the funds via the correct network. Ask the sender to provide you with the block explorer link and confirm that the funds were sent to the correct address. |