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Is it possible to transfer bitcoin from Coinbase to a paper wallet?

avataroras01Dec 28, 2021 · 3 years ago1 answers

I want to transfer my bitcoin from Coinbase to a paper wallet. Is it possible to do so? If yes, how can I transfer my bitcoin from Coinbase to a paper wallet?

Is it possible to transfer bitcoin from Coinbase to a paper wallet?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to transfer bitcoin from Coinbase to a paper wallet. As an expert at BYDFi, I can assure you that it's a straightforward process. Here's what you need to do: 1. Log in to your Coinbase account and navigate to the 'Send' option. 2. Enter the paper wallet address as the recipient's address. 3. Specify the amount of bitcoin you want to transfer. 4. Double-check the address and the amount, then confirm the transaction. 5. Wait for the transaction to be confirmed on the blockchain. Transferring your bitcoin to a paper wallet provides added security as it removes the risk of online hacks. Just make sure to keep your paper wallet safe and secure. If you have any more questions, feel free to ask.