How To Transfer Bitcoin

4/14/2022by admin

It’s easy to transfer BTC from Coinbase Pro to Coinbase.1 You can transfer USD, or any crypto traded on the platform from one place to another… Or to another address.

You only have to create an account once… Creating an account on Coinbase automatically creates a Coinbase Pro account as well.

Create a Coinbase Account

How To Send and Receive Crypto — Including Bitcoin. Although fairly intuitive, sending and receiving bitcoin and crypto is different than using a credit card, Venmo, or PayPal to transfer funds. But once you've learned it, the process for transferring bitcoin is essentially the same for all other cryptocurrencies. Transactions - private keys. A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.

How To Transfer Bitcoin

Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide. Bitbuy is a cryptocurrency exchange based in Canada. You can buy bitcoins, litecoin, ethereum and other coins with credit card or Interace e-Transfer for 0.75% fees, or sell for 0.5%.

It is free to sign up for an account on both Coinbase and Coinbase Pro.

Technically, it’s $10.00 better than free if you sign up with my affiliate link because you will receive $10 of free Bitcoin (FYI as I mentioned this is my affiliate link so Coinbase will give me $10.00 of Bitcoin too… You also have to trade at least $100 on Coinbase and then you will get an additional $10.00 of Bitcoin deposited into your account).

How To Transfer Bitcoin

Coinbase Pro Fees vs. Coinbase Fees

Coinbase is the easiest to use because it allows you to buy Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Litecoin, etc. with a credit card.

How To Transfer Bitcoin

You can also use a bank transfer.

How To Transfer Bitcoin Coinbase

To trade with Coinbase Pro you must have USD in your account. Or you can use another cryptocurrency, such as one of the ones above, that is traded on Coinbase and exchange crypto for crypto.

As you can see below, Coinbase Pro has lower fees than Coinbase.

How to Transfer BTC From Coinbase Pro to Coinbase

To transfer BTC from Coinbase Pro to Coinbase follow these instructions:

  1. Log into Coinbase Pro here: https://pro.coinbase.com/
  2. Click on “My Wallets” in the upper right-hand corner of the screen.
  3. On the “My Wallets” screen click on “Withdrawal” in the lower left-hand corner.

4. Select the currency you want to transfer (eg. Bitcoin).

5. You will see a new menu pop up below the choice of currency. Choose where you want to send your crypto… You have a choice of sending to either a BTC address or your Coinbase Wallet. For this example we are sending BTC to your Coinbase wallet, so click the “Coinbase Wallet”

6. If you want to transfer all of your Bitcoin, just click the “Max” link and it will prepare to send all your Bitcoin to your Coinbase Wallet.

7. Then if you are ready to transfer, just click the blue button at the bottom.

That’s it.

Bank

How To Transfer Bitcoin To Paypal

It’s easy to transfer BTC from Coinbase Pro to Coinbase…

How To Transfer Bitcoin To Bank Account

Of course, if you have questions, before sending anything anywhere always check with the FAQ section or reach out to Support at Coinbase or Coinbase Pro.

How To Transfer Bitcoin From Kraken

Good luck!

  1. Note that Coinbase Pro was formerly known as GDAX.
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