How to transfer from Crypto.com to Coinbase

Over the past few years, the cryptocurrency market has generated a lot of interest and grown in popularity. Now everyone knows such concepts as NFT and DeFI. But since this is a relatively new market, users are still exploring different cryptocurrency platforms and exchanges, hoping to find the best and more convenient for them.

Cases when you need to transfer from Crypto.com to Coinbase

Crypto.com and Coinbase have many similarities, as both platforms are designed for buying, selling, storing and other cryptocurrency transactions. When making transactions, it is very important to understand how these services work. Here's what to keep in mind:

  • As with regular bank transactions, withdrawing cryptocurrency from one platform to another will require a transaction fee.
  • Crypto.com is currently working to improve its transaction infrastructure. Currently, withdrawal transactions can take up to two hours to process.
  • Making sure your token is supported by Coinbase before proceeding with your transfer could mean the difference between a successful one and failure. Failing to take this step may result in loss of funds for you.
  • Be sure to not have any spaces before or after the entered address characters.
  • Don't forget to remove any extra commas before scanning the QR code yourself. Otherwise, there may be a delay in processing your transaction.

First, connect crypto.com app to Coinbase's DeFi Wallet

To transfer tokens from the Crypto.com app to Coinbase, you first need to connect your app to Coinbase's DeFi Wallet.

List of Steps

Step 1 Open your Crypto.com DeFi wallet

Step 2 Connect to Crypto.com App

Step 3 Read the Terms and Conditions and click on Agree to accept disclaimers

Step 4  Enter Your Email Address And Confirm It

Step 5 Launch Crypto.com DeFi Wallet by clicking Authorize 

Step 6 You have successfully linked your Crypto.com DeFi wallet to the Crypto.com app


How to transfer cryptocurrency from Crypto.com to Coinbase (Step-by-step guide)

Once your app and DeFi wallet are connected, you can transfer funds from your wallet to make them available for transfer to the Coinbase exchange. Follow these steps to successfully transfer cryptocurrency to Coinbase exchange. 

Step 1: Open the DeFi Wallet and select the coin you want to send

Step 2: On the address screen that appears, select Crypto.com App. This option will be inactive for tokens that are not supported

Step 3: The address of the token application will be filled in automatically

Your coins are now available in the Crypto.com app. Now, you can make transfers.

Add Whitelist addresses

Crypto.com keeps your coin safe with extra security layers that add an extra step to make sure it's you who sends the transaction. To ensure that your funds arrive at Coinbase, they'll need a separate approval procedure.

Step 1: Go to Coinbase website

Step 2: Log in to your account

Step 3: Click "Send/Receive" 

Step 4: Select the token you want to deposit

Step 5: You will be presented with the wallet address and a QR code. Copy the wallet address

Step 6: Launch the Crypto.com app on your device and click Transfer

Step 7: Click Withdraw and then select Crypto

Step 8: Next, click External Wallet and then Add Wallet Address

Step 9: Select the token, paste the wallet address you copied from Coinbase and click "Confirm address"

Step 10: Confirm the Coinbase address in the email

Coinbase has now been added to your crypto.com whitelist, and you can transfer funds to the platform. Be sure to check the contract addresses of the coins you are going to transfer.

Transferring tokens from Crypto.com application to Coinbase

Step 1: Open the Crypto.com application and click "Transfer"

Step 2:  Then click "Withdraw" and select Crypto

Step 3: A list of options will be shown. Click External Wallet and select Coinbase

Step 4: Enter the number of tokens you want to withdraw and click Withdraw

Step 5: Check all the transaction data again and press "Confirm"

Transferring tokens from Crypto.com DeFi to Coinbase

Step 1: Log in to your account Crypto.com

Step 2: Click "Balance" to see your coins

Step3: Choose a coin to send to Coinbase

Step 4: From the drop-down menu, select an address from the Coinbase whitelist

Step 5: Select a withdrawal address and amount

Step 6: Carefully check all the data and confirm the transaction

Disclaimer:

NFTs trading entails a high level of risk and is not suited for all investors. You should carefully evaluate your investment objectives, degree of experience, and risk appetite before deciding to trade cryptocurrencies. You should not invest money that you cannot afford to lose because there is a chance that you will lose some or all of your initial investment.

You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.

FAQs

Can I send crypto from Crypto com to Coinbase?

At the moment, you cannot directly transfer crypto from Crypto.com to Coinbase. However, you can first deposit your crypto into your Crypto.com account, and then sell it on the Crypto.com Exchange. Once the transaction is complete, you will then be able to withdraw the fiat equivalent (USD, EUR, GBP) to your linked bank account. From there, you can log into your Coinbase account and use those funds to purchase crypto.

Can you transfer coins out of Crypto com?

To transfer coins out of your Crypto com wallet, you'll need to first generate a Bitcoin address. Once you have a Bitcoin address, you can send the desired amount of coins to that address from your other crypto wallets. It's important to note that withdrawals will be processed on a first come, first serve basis, so it may take some time for your coins to be transferred.

How long does it take to transfer from Coinbase to crypto com?

To transfer from Coinbase to Crypto com, you must create a Crypto com account and link your Coinbase account to it. Once you have done that, you can transfer funds from Coinbase to Crypto com in just a few minutes.

Can you send from Crypto com to another wallet?

Yes. Crypto com allows you to send and receive cryptocurrencies directly from your wallet. To do so, first open the Crypto com app and select the Send or Receive option. Then enter the recipient's email address or crypto address and amount of currency to be transferred. You can also use the QR scanner to scan a QR code for the recipient's address. Finally, confirm the transaction by entering your PIN or biometric authentication.

Conclusion

There is nothing complicated about transferring cryptocurrency from crypto.com to Coinbase. Follow our instructions carefully and check recipient's data, make sure that the currency you choose is the one you want to withdraw. After you make a few transfers, you will make transactions almost automatically.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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