Coinbase, Exchanges

Can You Transfer From Coinbase?

As of now, there is no way to transfer from Coinbase to another wallet. This is because Coinbase is a custodial wallet, meaning that they hold the private keys to your coins. In order for you to move your coins off of Coinbase, you would need to first withdraw them from your Coinbase account into a non-custodial wallet. Once your coins are in a non-custodial wallet, you will then be able to move them wherever you please.

NOTE: WARNING: It is important to be aware that Coinbase does not support the transfer of cryptocurrencies from its platform to other exchanges or wallets. If you attempt to transfer cryptocurrency from Coinbase to another exchange or wallet, the transfer will not be successful and your funds may be lost.

While this may seem like a hassle, it is actually a good thing. By keeping your coins in a custodial wallet like Coinbase, you are entrusting them with the responsibility of keeping your coins safe. However, by moving your coins into a non-custodial wallet, you are taking full responsibility for their safety and security.

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