Transferring crypto from Robinhood to Coinbase is actually a pretty simple process.
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.
The first step is to create a free Coinbase account.
When creating a Coinbase account, you have the option to skip verification and start trading cryptos immediately.
However, to send and receive crypto, you do need to verify your account.
We recommend verifying your account now using your photo ID.
Robinhood is a popular "all-in-one" investing app.
While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.
Introducing Robinhood Retirement; home of the biggest IRA match on the market.
Here's what you need to know:
And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.
Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.
Before initiating any crypto transfers, you will need to verify your identity and enhance the security of your Robinhood account with 2FA.
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. This is true for each cryptocurrency.
Sending cryptocurrencies to the wrong address could result in losing them, so be careful!
To find your Coinbase wallet address, use the steps below:
You have now copied your Coinbase wallet for this particular crypto.
You will need to set up a Robinhood Crypto Wallet in order to send cryptocurrency.
Follow the steps below to finish this transfer:
Don't forget to grab your free stock worth up to $200 from Robinhood today!