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Written By: Ryan Scribner on Nov 17, 2023
» 5 min read
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How To Transfer From Webull To Coinbase

In this article, we will be explaining the process of transferring cryptocurrencies over from Webull to Coinbase.

With Coinbase, users can easily buy, sell, transfer, and store crypto.

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 and can vary significantly depending on whether you use Coinbase's simple interface or Coinbase Advanced (more on this below).

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

Webull's Crypto Platform Evolution

Before we begin, it's critical to understand that Webull's cryptocurrency offering has undergone significant changes since this article was first published. In June 2025, Webull announced a strategic partnership with Coinbase that has fundamentally transformed how cryptocurrency services are delivered on the platform.

Additionally, Webull has recently reintegrated cryptocurrency trading directly into its main application, eliminating the need for the separate Webull Pay app that was previously required for crypto transactions. This consolidation means you can now manage your entire investment portfolio through a single interface, though transferring assets to Coinbase may still be beneficial for specific use cases like accessing Coinbase's staking services or USDC rewards program.

1. Open And Verify A Coinbase Account

Coinbase account options

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. Coinbase's verification process involves multiple stages including identity confirmation, address verification, and in some cases biometric verification. While this process can take hours to days to complete, it's essential for protecting both you and the platform from fraud and regulatory violations.

CRITICAL SECURITY NOTE: Before initiating any transfers, enable two-factor authentication (2FA) on both your Webull and Coinbase accounts. Cryptocurrency transactions cannot be reversed, so securing your accounts with strong authentication is absolutely essential.

2. Understanding Webull's Current Crypto Transfer Process

Webull has significantly expanded its cryptocurrency offerings beyond the previously limited selection. While Webull now supports trading of over 50 different digital assets including Bitcoin, Ethereum, Solana, and numerous others, not all of these assets are immediately transferable to external wallets like Coinbase.

Currently, Webull supports external transfers for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and USDC, with additional cryptocurrencies becoming available for transfer as Webull continues to expand its capabilities through its partnership with Coinbase.

3. Send Crypto From Webull To Coinbase

At this point in time, the cryptocurrencies supported for transfer from Webull to Coinbase include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and USDC.

If you are looking to transfer one of these crypto's, you're in luck! For any of the rest, unfortunately, at this time you can't send them to Coinbase from Webull.

coinbase bitcoin wallet

Step 1: Obtain Your Coinbase Wallet Address

Open the Coinbase app or website and navigate to your wallet for the specific cryptocurrency you want to receive (e.g., Bitcoin wallet for BTC transfers). Tap "Receive" and copy the wallet address. DO NOT SKIP THIS NEXT STEP: Verify that you've copied the correct address by checking the first and last few characters before proceeding.

Step 2: Initiate Transfer from Webull

Open your Webull app, go to the crypto section, and select the cryptocurrency you want to send. Tap "Send" or "Withdraw" depending on your app version.

Step 3: Paste and Verify the Coinbase Address

Paste the Coinbase wallet address into the recipient field. CRITICAL: Double-check that the address is correct. Even a single character error will result in permanent loss of funds. Many users find it helpful to compare the first 6 and last 6 characters of the address to ensure accuracy.

Step 4: Select the Correct Network

This is where most transfers go wrong. You must select the correct blockchain network that matches your Coinbase wallet. For example:

  • Bitcoin (BTC) should use the Bitcoin network
  • Ethereum (ETH) should use the Ethereum network
  • USDC can be sent on multiple networks (Ethereum, Solana, etc.) - you must select the same network that your Coinbase USDC wallet uses

Sending on the wrong network is one of the most common causes of lost funds. If you're unsure which network to select, check your Coinbase wallet settings or contact Coinbase support before proceeding.

Step 5: Enter Amount and Review Fees

Enter the amount you wish to transfer. Pay close attention to the network fees displayed - these can vary significantly based on network congestion. For reference:

  • Bitcoin (BTC) transactions typically take 10-60 minutes to confirm
  • Ethereum (ETH) transactions typically take 5-30 minutes
  • Litecoin (LTC) and Bitcoin Cash (BCH) transactions are usually faster (2-15 minutes)

Consider using Coinbase Advanced for substantially lower fees (as low as 0.40% compared to 3-4% on the simple interface) if you're transferring larger amounts.

Step 6: Confirm and Complete Transfer

Review all details one final time, especially the recipient address and network selection. Once you confirm the transfer, the transaction is irreversible. The crypto will typically arrive in your Coinbase wallet within minutes to an hour, depending on network congestion.

IMPORTANT: After initiating the transfer, monitor the transaction status in both your Webull and Coinbase accounts. You can track the progress using a blockchain explorer by searching for the transaction ID provided by Webull.

Simply locate the supported crypto asset on Webull, click on Send and then paste in the corresponding Coinbase wallet address.

For example, you would send Bitcoin from your Webull Bitcoin wallet to your Coinbase Bitcoin wallet only. Sending Bitcoin to an Ethereum address (or vice versa) will result in permanent loss of funds.

Why You Might Want to Transfer From Webull to Coinbase

While Webull has significantly improved its cryptocurrency offerings through its partnership with Coinbase, there are still several compelling reasons why you might want to transfer assets:

  • Access to staking services: Coinbase offers staking for several cryptocurrencies with potential yield opportunities
  • USDC rewards program: Coinbase provides 3.85% to 4.70% APY on USDC holdings
  • Broader cryptocurrency selection: Coinbase supports over 200 cryptocurrencies compared to Webull's more limited selection
  • Advanced trading features: Coinbase Advanced offers lower fees and more sophisticated trading tools
  • Portfolio consolidation: Some users prefer managing all their crypto assets on a single platform

Final Safety Reminders

Before completing any transfer, please remember:

  • Cryptocurrency transactions are irreversible - double and triple check all details
  • Always verify you're using the correct wallet address for the specific cryptocurrency
  • Network selection is critical - sending on the wrong network causes permanent loss
  • Start with a small test transfer before sending larger amounts
  • Keep records of all transaction IDs for reference
  • Enable two-factor authentication on both platforms

By following these steps carefully, you can safely transfer your cryptocurrency from Webull to Coinbase while avoiding the common pitfalls that lead to lost funds.

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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