For newbie crypto traders, Cash App is a great go-to option. Cash App gives a secure and easy-to-use interface for traders to buy and sell stocks and crypto-currency. Not only that, it is flexible enough so that you can also easily buy and sell any cryptocurrency.
However, not only this, but you can also send your crypto earnings to another wallet from Cash App itself. This article will tell you everything about transferring your bitcoin from the Cash App wallet to the Coinbase wallet.
How To Transfer Bitcoin From Cash App To Coinbase Wallet?
To do this, just follow the simple steps mentioned below:
Step 1: Open Cash App.
Step 2: Tap on “Banking”.
Step 3: You will find an option “Bitcoin”. Tap on it.
Step 4: Tap on “Withdraw Bitcoin”.
Step 5: Either scan the QR code of the Coinbase wallet address or enter the Coinbase wallet address manually.
Step 6: Finally, confirm by entering your PIN.
Also Check:- How To Transfer Bitcoin To Bitmart Wallet?
There’s another way to do it as well. Follow the below-mentioned steps:
Step 1: Log in to your Coinbase account.
Step 2: Tap “Receive”.
Step 3: In the place to input the address of the external wallet, input the bitcoin wallet address.
Step 4: Open Cash App and tap on “Bitcoin”.
Step 5: Tap on “Withdraw Bitcoin”.
Step 6: Enter the Coinbase wallet address or scan its QR code.
Step 7: Confirm the withdrawal by entering the PIN.
Also Check:- How To Purchase Bitcoin On Cash App?
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How Long Does It Take To Send Bitcoin to Coinbase?
On average, the whole transaction process takes from mere seconds to 10-20 minutes as well. However, if the network connectivity is not good, it can also take hours, and days too. Most of the time, the process will be completed in 20 minutes. But, sometimes due to poor network, it can take a longer time.
Is It Safe To Send BTC To Coinbase?
The primary reason Cash App is so widely used for crypto trading is because of its safety. The best way to ensure your Cash App account’s safety is by changing the wallet address after every transaction. That’s what Cash App does. After every transaction, your wallet address will be changed. Hence, you will be using a new Cash App wallet address while doing transactions.
What Are The Fees To Transfer Bitcoin To Coinbase?
There are no fees to transfer bitcoin from Cash App to Coinbase. The transaction process is free. However, for faster transactions, your transaction must be of high enough amount so that the miners prioritize yours before anyone else’s transaction.
Can You Transfer Bitcoin From Cash App To Coinbase?
The simple answer is yes. Not only that, it is fast, safe, and secure too. Hence, you can transfer your valuable BTCs to Coinbase from your Cash App wallet with ease and no stress.