I'm wondering if it's possible to move my funds from Coinbase to a different digital wallet. I'd like to know if Coinbase allows such transfers to external wallets.
7
answers
Nicola
Sun Feb 16 2025
Sending cryptocurrencies from the Coinbase Wallet to another wallet is possible as long as the asset is supported.
charlotte_anderson_explorer
Sun Feb 16 2025
As a result, senders are required to pay a network fee whenever they initiate a transaction from the Coinbase Wallet.
Federico
Sun Feb 16 2025
This fee covers the cost of processing the transaction on the blockchain and ensuring that it's validated and added to the blockchain's ledger.
Martino
Sun Feb 16 2025
It's crucial to verify that the asset you're transferring is compatible with the Coinbase Wallet, as unsupported assets may not be retrievable if sent or received.
CryptoWizardry
Sun Feb 16 2025
If you attempt to send or receive unsupported cryptocurrencies through the Wallet, there's a risk of losing those funds forever.