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Is there a step-by-step guide on moving Bitcoin from Poloniex to Coinbase?

avatarbannyDec 29, 2021 · 3 years ago1 answers

Can someone provide a detailed step-by-step guide on how to transfer Bitcoin from Poloniex to Coinbase? I am new to cryptocurrency and would like to understand the process thoroughly.

Is there a step-by-step guide on moving Bitcoin from Poloniex to Coinbase?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Of course! Here's a step-by-step guide on transferring Bitcoin from Poloniex to Coinbase: 1. Log in to your Poloniex account. 2. Go to the 'Balances' page and find your Bitcoin balance. 3. Click on the 'Withdraw' button next to your Bitcoin balance. 4. Enter your Coinbase Bitcoin address in the 'Recipient Address' field. 5. Specify the amount of Bitcoin you want to transfer. 6. Double-check the address and amount, then click on the 'Withdraw' button. 7. Wait for the transaction to be confirmed on the blockchain. 8. Log in to your Coinbase account. 9. Navigate to the 'Accounts' page and find your Bitcoin wallet. 10. Click on the 'Receive' button to view your Coinbase Bitcoin address. 11. Return to Poloniex and paste your Coinbase Bitcoin address in the 'Recipient Address' field. 12. Click on the 'Withdraw' button to initiate the transfer. That's it! Your Bitcoin should now be on its way to Coinbase. Keep in mind that transaction times may vary depending on network congestion.