Though Coinbase does not have quite as many cryptos available for trading as Crypto.com, there's a reason why the platform is so popular.
With its highly intuitive platform, members find navigation incredibly simple. Coinbase also offers members access to payments via PayPal as well as the opportunity to earn crypto through their educational content.
Whatever the reason may be for wanting to transfer from Crypto.com to Coinbase, we will show you how to execute this transfer step-by-step!
You can complete this process either from a computer or your phone using the two apps.
The process is done through 4 simple steps:
Let's dive into each of these steps in more detail.
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With Coinbase, users can easily buy, sell, transfer, and store crypto. The platform has over 100 cryptos and even more that you can monitor.
Coinbase allows users to store coins for free on the platform, however they do collect fees on crypto transactions. This fee ranges based on the size of the transaction.
A great benefit on Coinbase is their pro account for more advanced traders. Their basic account is a great place to start for beginners.
If you sign up for Coinbase using our button above, you will get $5 worth of free Bitcoin!
The process is simple enough to open a Coinbase account:
In order to send or receive crypto, you will need to verify your Coinbase account.
This verification is done through uploading a copy of your driver's license or other state issued ID:
If the images are clear and match your information on file, your account should be verified in minutes.
Coinbase will send you an email with the outcome of the verification process. They will also email you in the event that they need additional information from you to verify the account.
In order to transfer crypto out of Crypto.com, you will need an external address.
In this case, the external address would be a crypto's wallet within Coinbase.
Finding this wallet's address in Coinbase is easy:
Withdrawing crypto from Crytpo.com has a number of steps that must be completed. It's also important to note that a withdrawal from Crypto.com does come with a minimum transfer amount as well as a fee.
These minimums and applicable fees depend upon the crypto you are trying to transfer.
For example, if you are trying to withdraw ETC, then the minimum transfer is 0.012. Furthermore, the fee to transfer ETC is 0.006. To see a full list of minimums and fees, please see Crypto.com's fee schedule.
You will also need to set up 2 factor authentication in order to process a transfer.
To initiate a transfer, you will need to start a withdrawal:
Transferring crypto from Crypto.com to Coinbase is a simple enough process.
You will need to gather all pertinent information and ensure your Coinbase account is verified. Additionally, 2 factor authentication will need to be set up on Crypto.com in order to process a withdrawal. Keep in mind, fees will be incurred charged by Crypto.com for sending crypto to another address.