Is it possible to send coins from Coinbase to a hardware wallet?

I am new to cryptocurrency and I have recently purchased a hardware wallet. I want to know if it is possible to transfer my coins from Coinbase to my hardware wallet. Can someone guide me through the process?

1 answers
- Definitely! You can send your coins from Coinbase to a hardware wallet without any issues. It's a smart move to store your cryptocurrencies in a hardware wallet for added security. Here's how you can do it: 1. Connect your hardware wallet to your computer or mobile device and open the wallet's app. 2. In Coinbase, navigate to the 'Send' section and enter the address of your hardware wallet as the recipient. 3. Specify the amount of coins you want to send and review the transaction details. 4. Confirm the transaction and wait for it to be processed. Your coins will then be safely transferred to your hardware wallet. Remember to always keep your hardware wallet secure and backup your recovery phrase in a safe place.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 95
What is the future of blockchain technology?
- 89
What are the tax implications of using cryptocurrency?
- 80
How does cryptocurrency affect my tax return?
- 78
What are the best practices for reporting cryptocurrency on my taxes?
- 62
What are the advantages of using cryptocurrency for online transactions?
- 49
How can I buy Bitcoin with a credit card?
- 48
What are the best digital currencies to invest in right now?
- 47
How can I protect my digital assets from hackers?