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.
New to the world of Crypto? Check out my full Coinbase tutorial below!
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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.
The introduction of the Crypto Transfer Beta also enables users to send and receive cryptocurrencies with ease.
Currently, Webull supports the transfer of Bitcoin, Litecoin, and Bitcoin Cash, with plans to include more cryptocurrencies in the near future.
This feature empowers users to manage their crypto portfolio efficiently and conveniently within the Webull app, eliminating the need for multiple platforms or services.
At this point in time, the only cryptocurrencies supported for transfer are Bitcoin, Litecoin and Bitcoin Cash.
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.
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.
