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Written By: Ryan Scribner on Nov 16, 2023
» 4 min read
Category: 
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How To Transfer From Robinhood To Coinbase

Transferring crypto from Robinhood to Coinbase is actually a pretty simple process, but it requires careful attention to detail to avoid costly mistakes.

All you have to do is enable crypto transfers within Robinhood, follow a few simple steps and you're good to go.

In this article, we will cover those steps in detail with critical security information you need to know.

Before You Start Checklist

  • Robinhood account with identity verification completed (can take up to 5 business days)
  • Two-Factor Authentication (2FA) enabled via authenticator app (not SMS)
  • Coinbase account with full identity verification (required for sending/receiving)
  • Knowledge of which blockchain network your crypto is on (critical!)
  • Understanding that crypto transfers are irreversible - verify addresses carefully

The first step is to create a free Coinbase account. 

When creating a Coinbase account, you can start trading immediately, but full identity verification is mandatory before you can send or receive crypto.

Coinbase no longer allows crypto transfers without completing full identity verification. This is required by regulatory standards.

We recommend verifying your account now using your photo ID to avoid delays when you're ready to transfer.

New to the world of Crypto? Check out my full Coinbase tutorial below!

Robinhood Crypto Transfers - Critical Requirements

Before initiating any crypto transfers, you will need to verify your identity and enhance the security of your Robinhood account with 2FA.

  • Verify Your Identity: Provide a photo of your government-issued ID and a live photo of yourself. Note: This verification can take up to 5 business days to process, even though it's "typically approved quickly."
  • Two-Factor Authentication (2FA): Enable 2FA using an authenticator app like Google Authenticator, Duo Mobile, or Authy. Confirm your mobile number and email address.

Critical Network Information

WARNING: This is the #1 reason users lose funds. Many cryptocurrencies exist on multiple blockchain networks (Ethereum, Polygon, Arbitrum, Base, Solana, etc.).

Never send crypto to an address without verifying the blockchain network first! Sending Bitcoin to an Ethereum address or ETH to a Polygon address will result in permanent loss of funds.

When transferring, you must ensure:

  • The cryptocurrency type matches (Bitcoin to Bitcoin, Ethereum to Ethereum)
  • The blockchain network matches (Ethereum mainnet to Ethereum mainnet, Polygon to Polygon)
  • The address format is correct for that network

1. Copy Wallet Address from Coinbase - The Safe Way

Cryptocurrency is held in a wallet, and each crypto wallet has a unique address.

For example, if you are sending Bitcoin, then you must use a Bitcoin address on the Bitcoin network. This is true for each cryptocurrency and each blockchain network.

Best Practice: Use QR Codes, Not Copy/Paste

For maximum security, use Coinbase's QR code instead of copying and pasting addresses. Scanning the QR code directly with your Robinhood app's camera eliminates the risk of address poisoning attacks or manual entry errors.

Address poisoning attacks are increasingly common - hackers replace your clipboard content with their own address when you copy a wallet address.

To find your Coinbase wallet address, use the steps below:

  1. Log in to the Coinbase app.
  2. Click on the blue Receive button.
  3. Click on the white dropdown at the top left.
  4. Click on or Search for the type of cryptocurrency you are looking to send from Robinhood to Coinbase.
  5. CRITICAL: Verify the blockchain network shown matches what you'll select in Robinhood (see network warning above)
  6. Click on the Copy button OR better yet, use the QR code option

You have now copied your Coinbase wallet for this particular crypto and blockchain network.

2. Send Crypto from Robinhood to Coinbase

You will need to set up a Robinhood Crypto Wallet in order to send cryptocurrency. Note that Robinhood offers two ways to hold crypto—the Robinhood Crypto app (custodial, where Robinhood holds your keys) and Robinhood Wallet (self-custody, where you hold your own keys).

Critical Security Warning

NEVER send crypto back to a Robinhood address you received it from. Robinhood uses different addresses for deposits and withdrawals. Using the wrong address can result in permanent loss of funds.

For ERC-20 tokens on Ethereum, you'll pay network fees in ETH, but Robinhood automatically calculates this and deducts it from your token balance - you don't need ETH in your wallet.

Follow the steps below to finish this transfer:

  1. Open the Robinhood app and search for the crypto you are looking to transfer.
  2. Scroll down and tap on "Send."
  3. Enter how much you would like to transfer. Recommendation: Before sending your entire amount, consider a small test transaction first ($10-$50) to verify everything works correctly.
  4. For the address, tap "Enter Manually."
  5. Paste the wallet address you copied from Coinbase in the previous step OR scan the QR code.
  6. CRITICAL: Verify the blockchain network matches what you selected in Coinbase (this is where most users make mistakes)
  7. Make sure the details are correct and that the crypto wallets are for the same crypto asset and network.
  8. Review the network fee (varies based on current blockchain congestion)
  9. Tap "Review."
  10. Tap "Confirm" after reviewing the transfer.

What to Expect After Sending

Transaction time: Typically 10 minutes to 2 hours depending on blockchain network conditions

Confirmations needed: Most exchanges require 3-6 blockchain confirmations before crediting your account

Tracking: You can check your transaction status using a blockchain explorer with your transaction ID

Security feature: Consider enabling address allowlisting in both platforms after your first transfer, which restricts withdrawals to pre-approved addresses with a 48-hour security hold

After you submit the transfer, it will be on its way to your Coinbase balance. That's how to safely transfer from Robinhood to Coinbase in 2025.

Troubleshooting Tips

If your transaction seems stuck:

  • Check the blockchain explorer using your transaction ID (available in Robinhood)
  • Verify you sent to the correct network (most common issue)
  • Be patient - network congestion can cause delays, especially on Ethereum
  • If funds don't appear after 24 hours, contact Coinbase support with your transaction ID

Remember: Crypto transfers are final and cannot be reversed, even by Robinhood or Coinbase. Always double-check addresses and networks before confirming!

Article written by Ryan Scribner
Ryan Scribner is the Co-Founder of Investing Simple and author of From Side Hustle To Main Hustle To Millionaire. He is also a host on the NerdWallet YouTube Channel and runs a successful personal finance YouTube channel he launched in 2016. Ryan has been featured in The Wall Street Journal, MarketWatch, Business Insider, and Forbes, which named his channel the #1 Must-Watch YouTube Channel for Making Money. Recognized as a Top 100 Money Expert by GoBankingRates + MoneyLion and selected again in 2025 — Ryan shares insights based on his own investing journey to help others build wealth.

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