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Written by Sam Pennington on June 16, 2022
Category: 
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How To Transfer From Cash App To Coinbase 2023

Cash App was created in 2013 and has since amassed quite a few members. The app currently has over 2.1 million ratings with an average score of 4.7 in the app store.

What has led to its quick rise in popularity? Well, the app offers members a long array of benefits such as banking, instant transfers among friends and family, and investing.

However, currently, the app only supports one cryptocurrency: Bitcoin.

Coinbase, on the other hand, is a top rated cryptocurrency investing platform. Launched in 2012, Coinbase got its start early on and is the top rated app for cryptocurrency investing.

In this article, we show you the process to buy cryptocurrency on Coinbase directly with the Cash App Debit Card. We will also cover the process to transfer Bitcoin from Cash App to Coinbase.

Let's jump right in!

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How To Buy Crypto On Coinbase Using Your Cash App Debit Card

In this section, we cover how to buy crypto on Coinbase using a Cash App Debit Card. If you want to transfer Bitcoin to Coinbase, then you can skip ahead to the next section.

Transferring funds from Cash App to Coinbase is actually a pretty simple process. Rather than transferring cash, you can actually link your Cash App Debit Card and purchase crypto directly.

If you want to actually perform a transfer of funds, then you would need to send your Cash App funds to your bank and then from your bank to Coinbase.

Instead, you can link your Cash App Debit Card (linked to your Cash App bank account) and skip the extra step.

To purchase crypto directly using your Cash App Debit Card, follow the steps below:

  1. Open a Coinbase Account (Use our link here for $5 FREE Bitcoin)
  2. Verify your Coinbase Account
  3. Link your Cash App Debit Card
  4. Purchase Crypto

Let's take a closer look at each of these steps.

1. Open A Coinbase Account

Trade cryptocurrency with Coinbase

As a pioneer in the crypto space, Coinbase has led the pack with a feature rich platform that is simple to navigate.

They also offer members the chance to earn free cryptocurrency with educational materials!

If you sign up for Coinbase using our button above, you will get $5 worth of free Bitcoin!

Before executing a transfer from Cash App to Coinbase, you will need to set up a Coinbase account.

Setting up a new Coinbase account is simple:

2. Verify Your Coinbase Account

When creating a Coinbase account, you can speed up the process and skip verification to start trading cryptos immediately.

However, to gain full access to your Coinbase account, you will need to verify your identity. 

This verification is done through uploading a photo of your driver's license or other state issued ID:

  1. To do this, you will click "Send/Receive" once logged into Coinbase
  2. A popup will appear that prompts you to upload a photo of your ID (front and back)
  3. This can take 1-2 business days to complete

You will receive an email once you are verified or if Coinbase needs more information.

If the image of your ID is clear and matches the information in your account, verification will be completed in mere minutes.

3. Link A Cash App Debit Card

Linking a Cash App card is fairly straightforward. If you already bank with Cash App then you can link your debit card using the steps below. If you do not currently bank with Cash App, then you would need to create a bank account with them first.

Unfortunately at this time, the Cash App Cash card (linked to your Cash App balance rather than a bank account) is not supported by Coinbase.

Link Your Cash App Card To Coinbase

Follow the steps below in the Coinbase App to link your Cash App Debit Card:

  1. From the home screen in the Coinbase app, tap on the "Buy" button
  2. Choose whichever crypto you want to buy
  3. Beneath the amount you would like to purchase, you will see the payment method. Tap inside the square indicating which payment method you would like to use
  4. Tap "Add a payment method"
  5. Select the Debit Card option
  6. Enter in your billing address for the card and click "Add Billing Address"
  7. Enter in the Card number, expiration, CVC security code, and postal code. Tap "Add Card" when finished

This process is completed instantly. After linking your card, you will be able to purchase crypto directly with your Cash App Debit Card.

4. Purchase Crypto On Coinbase

Now that you have a linked card, you will be able to purchase crypto directly using your Cash App Debit Card.

To make a purchase, you will follow the same steps as step number 3 above, but in this instance, your card will already be linked. Follow the steps below:

  1. From the home screen in the Coinbase app, tap on the "Buy" button
  2. Choose whichever crypto you want to buy
  3. Beneath the amount you would like to purchase, you will see the payment method. Tap inside the square indicating which payment method you would like to use
  4. Tap "Add a payment method"
  5. Select the Debit Card option
  6. Choose the card you just added
  7. Enter in the amount you would like to purchase in dollars and whether or not the order will be recurring
  8. Tap "Preview Buy"
  9. Review the details of the order and tap "Buy Now" when you are ready

How To Transfer Bitcoin From Cash App To Coinbase

Transferring Bitcoin is really simple with Coinbase. Follow the steps below:

  1. Open a Coinbase Account (Use our link here for $5 FREE Bitcoin)
  2. Verify your Coinbase Account
  3. Copy Coinbase Wallet Address
  4. Perform Transfer

Let's jump into steps 3 and 4 as steps 1 and 2 were covered earlier in this article.

After your Coinbase account is opened and verified, you are ready to initiate the transfer.

3. Copy Coinbase Wallet Address

Cryptocurrency is held in a wallet, and every crypto wallet has a specific address. This address is an alphanumeric code that is unique to your wallet.

In order to transfer crypto from one location to another, you will need this address, which can be found in Coinbase quickly and easily:

  1. In the "Home Tab" of the Coinbase app, tap "Receive" at the top (on the desktop version, click the "Send/Receive" button)
  2. A new screen (popup on the desktop version) will appear with a QR code and an address
  3. Beneath the address, you will see a cryptocurrency
  4. Tap the box to select the crypto you wish to transfer
  5. Copy this address with the "copy" function on your phone
  6. You will use this once you initiate a transfer from MetaMask

Always double check to make sure you are sending cryptocurrencies to the correct wallet type.

If you send Bitcoin to an Ethereum address, for example, it will likely be lost forever.

4. Perform Transfer

The transfer itself is actually performed in the Cash App platform. Follow the steps below to send Bitcoin:

  1. In the Cash App app, tap on the invest in Bitcoin tap in the bottom navigation menu
  2. Tap the paper airplane icon to send Bitcoin
  3. Enter in the amount of Bitcoin you wish to transfer and tap "Send"
  4. Paste in the wallet address you copied from Coinbase
  5. Validate that it is an external wallet by tapping the external wallet below. A checkmark will appear if it was copied and pasted correctly
  6. Tap "Next"
  7. Review the details of the order and tap "Confirm"

After confirming the details of the order and submitting the transfer, it will take a few days to go through.

Transfer From Cash App To Coinbase: Final Thoughts

Whether you are transferring Bitcoin from Cash App to Coinbase or purchasing crypto with your Cash App debit card, the processes are actually pretty simple.

For a Bitcoin transfer, it is important to copy the wallet address from Coinbase exactly to ensure smooth delivery of your Bitcoin.

If you want to learn more about Coinbase, be sure to check out our complete review.

Article written by Sam Pennington
Sam is a personal finance writer. While in college, he dedicated his spare time to learning about personal finance, investing, and real estate. Sam currently works as a business analyst for one of the top food manufacturers in the world.

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