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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.
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