Crypto is becoming more mainstream, with many people looking to invest in them. However, not everyone is familiar with how to send or transfer them. Crypto assets are DECENTRALIZED, which means neither government nor financial institutions control them. Bitcoin is the first and most well-known cryptocurrency that was created in the mid-year of 2009. Some of these currencies are traded on digital exchanges and can also be used to purchase services and goods. This article will guide you on how to send or transfer crypto from Trust Wallet to Coinbase.
Steps to Send or Transfer Crypto from Trust Wallet to Coinbase
- Open your Coinbase App
- Look for your wallet address
- Open your Trust Wallet App
- Choose the Crypto Asset
- Paste the Coinbase Address
- Tap Confirm
- Check and verify your Coinbase Account
Open your Coinbase App
If you have already downloaded the Coinbase mobile app, then you continue by opening the app. However, if you don’t have the app yet, you can download it first. It’s available for both IOS and android devices. You can download it here for Android and IOS.
Log in to your Coinbase mobile account by providing the required credentials.
Look for your wallet address
Once you open and login into your Coinbase mobile wallet, you will see different options available like buy, sell, send, convert and receive.
Tap the receive option.
After you tap on receive, the main token that will appear is Bitcoin. So if you want to change it to Eth or any other tokens, tap on Bitcoin, and it will let you select any crypto that is available. For this example, we will choose Eth.
Now you will be able to see your Ethereum address along with the QR code.
Tap the copy button.
You can also use another option which is the Share address. This will let you share your complete wallet details with someone that you want to transact with.
After you have copied the address from your Coinbase wallet, we will proceed to the next step.
Open your Trust Wallet App
Minimize your Coinbase app and open your Trust wallet mobile app.
Once you have logged in, you will be directed to the main screen. Multiple options will appear on your screen like send, receive, buy and swap.
Tap on the send option.
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Choose the Crypto Asset
Now you will have to choose what Crypto asset you want to send. You can choose any token that is available on your Trust wallet account. But for this example, we will be choosing Eth.
Paste your Coinbase Address
Remember the Coinbase address that you copied earlier in Step 2? You need to paste that address into the required box. That will be the address where you will be sending the Eth token.
Enter how much amount you want to send. You can tap the MAX if you want to send the whole amount.
Next, tap continue.
Tap Confirm
After you tap the continue, you will be directed to the transfer page. On this page, you will see all the details of the transaction. For example, the address that you are sending to, the total amount of the assets that you will be sending, and also the network fee.
Once you have checked and reviewed everything, just tap confirm to continue.
Check and verify your Coinbase Account
After the transaction has been completed, usually, it would take around 3-10 minutes for the funds to appear on your Coinbase wallet app. Sometimes it would take longer due to the congestion of the network, but as long as the transfer is completed, it will definitely arrive at your Coinbase address.
You can check and refresh your Coinbase wallet to check if the funds have arrived.
That’s it! You are now able to transfer crypto from Trust Wallet to your Coinbase account. The process is still the same, even if it’s a different token. Just make sure to double-check the right address before the sending process.
FAQ
Which is better Coinbase or Trust wallet?
If you’re looking for a way to store your cryptocurrency assets, Coinbase is likely the better option. The company has built up a large user base and has been reliable in terms of completing transactions. However, if security is a top concern, trust wallet may be a better choice. It uses several layers of security, including a two-factor authentication process and a secure wallet backup system.
How long does it take to transfer from Trust Wallet to Coinbase?
It can take anywhere from a few minutes to a few hours. The process is pretty straightforward, but there are a few things to keep in mind. First, make sure that you have the correct account numbers and addresses for both platforms. Second, patience is the key – it can take a while for the transfers to go through.
It’s been hours, and I still haven’t received my crypto on my Coinbase wallet
First of all, don’t panic! Next is to review the transaction details on your Trust wallet. There should be a log for the transaction ID of that given transaction. Review the details like the address of your Coinbase account if it’s the same. If the transaction is still pending, that means it’s still processing your transaction; also, the reason for this is due to the congestion of the network. Just give it time, and don’t worry if the transaction fails; you will still get your assets back.
How do I protect my Coinbase wallet?
If you’re using Coinbase, your wallet is probably one of your most important assets. Here are some tips on how to protect it:
- Make sure your password is strong and unique.
- Keep your wallet encrypted if you can.
- Don’t use the same password for multiple accounts.
- Don’t store large amounts of cryptocurrency on Coinbase.
- If something happens and you can’t access your Coinbase account, contact customer support immediately.
Final Words
Transferring crypto from the Trust Wallet to Coinbase is a fairly simple process. However, it is important to be aware of the security risks involved in doing so. By following the steps outlined in this article, you can safely and securely transfer your crypto from Trust Wallet to Coinbase.