If you also like to invest in crypto using your Coinbase, you surely must be confused between coinbase.com and Coinbase wallet. Most people think that both are the same.
Somewhere they are but there is a huge difference also. Coinbase.com can be explained as a centralized system to exchange cryptocurrency to make the whole storing and trading process easier for you.
But when it comes to the Coinbase wallet, it is a personalized wallet so that you can have complete control of all your digital assets, cryptocurrencies. It will store all your digital data privately on your preferred device.
You must know that the digital assets that you will store on Coinbase wallet will be your responsibility and you will be the only one to control them. They will not be controlled or secured by Coinbase.
So, if you can keep your digital assets secure and you are ready to take full responsibility, you can store your cryptocurrencies on Coinbase wallet.
Moreover, some people prefer to connect Coinbase to the Coinbase Wallet. For this, you will have to download the application on your system. You can use the Coinbase Wallet to exchange funds between coinbase.com and wallet.
Also, it can be used to send or receive crypto funds to another user. If you also wish to connect Coinbase to the Coinbase wallet, this post is for you. Here is a detailed process to connect coinbase.com to the wallet.
How To Connect Coinbase to Coinbase Wallet?
The process to connect Coinbase to Coinbase wallet is easy. Below we have listed all the steps in detail for your convenience. You need to make sure to follow all the steps in the same sequence to avoid facing any issues.
Step 1: Downloading the Application
The very first thing that you will have to do is to download the Coinbase application on the system. In case you have installed the Coinbase application on the device, you need to skip this step.
Simply look for the Coinbase by typing it on the search console of Google play store and Appstore.
When found, tap on it and then click on the install option.
Wait for the application to download and install on the device.
Step 2: Log in to the Coinbase Account
After downloading the application on the device, you will have to start the application on the device.
Now, the login window will appear on the screen. Enter your login id and password.
In case you have already logged in to the device, skip the step.
Next, you will have to click on the sign-in option.
Other than this, if you are not registered on the Coinbase application, you will have to click on the Get started option.
Now, follow all the instructions appearing on the screen to complete the profile creation.
Step 3: Run the Application
After login into the account on the device, you will have to look for the Coinbase wallet option.
In case you are trying to carry out the process on an iPhone, you will have to swipe in the middle of the screen and then look for the Coinbase wallet.
When found, tap on the icon.
Step 4: Connect Coinbase to Coinbase Wallet
Now, on the Coinbase wallet window, click on the settings tab.
Under this, you will get the gear icon on the screen. Tap on the same and the settings menu will open.
You will now have to tap on the option to connect to Coinbase.
Step 5: Connect to the Coinbase Wallet
After clicking on the connect to Coinbase opinion, the buy or transfer page will open on the screen.
On the next page, you will get the prompt saying that you can connect or create a new account.
From the options appearing on the screen, you will have to click on the connect my Coinbase account option.
In case you do not have an existing account, you will have to click on the signup option.
Step 6: Authenticate the Wallet
Now after clicking on the option, the next thing that you will have to do is authenticate the wallet.
For this, tap on the authorize option and then follow the instructions appearing on the system.
Step 7: Make a Transaction
When you click on the Authorise option, it will redirect you to the Coinbase wallet.
Now, the successful page will open on the screen.
You can then carry out any transaction if you wish.
For that, simply click on the Buy or transfer button and then go through all the instructions appearing on the screen.
If you do not want to do this now, tap on the Later option.
So, this is it. You have successfully connected coinbase.com to the Coinbase wallet.
Also Read: Coinbase Wallet Address
How to Transfer Ethereum from Coinbase to Coinbase Wallet?
In case you wish to transfer crypto from Coinbase to Coinbase wallet, you will have to link the two accounts. One thing that you will have to know is that the sender will have to pay a fee wherever applicable.
You must know that all the transfers will not occur on blockchain and hence you will have to pay the fee. To transfer Ether from Coinbase to Coinbase wallet, check out the steps mentioned below.
Steps to Transfer Ethereum from Coinbase to Coinbase Wallet:
Step 1: To begin with, open the Coinbase application on your device.
Step 2: Now, look for the settings options and then tap on the same.
Step 3: Under this, you need to look for the transfer option.
Step 4: After this, you will have to click on the coin.
Step 5: Now, type the number of coins eg. Ethereum that you wish to transfer and then click on Continue.
Step 6: When done, follow all the instructions appearing on the screen to complete the process.
Coinbase Wallet Connect to Coinbase Not Working
There are times when you may face issues while connecting Coinbase to Coinbase wallet. This may occur because of different reasons.
If you face this issue, the very first thing that you will have to do is to force shut down both the applications on your respective systems.
When done, you will have to restart your device, wifi, or the mobile network that you are using on your device while carrying out the process.
Other than this, if you are facing the same issue again, you will have to talk to the contact support team.
When you open the contact page, choose the issues that you are facing and then describe the same. Submit your query and the team will then get back to you.
Also Read: How to Deposit Money in Coinbase?
Coinbase to Coinbase Wallet Transfer Time
Coinbase to Coinbase Wallet Transfer Time can take 2 to 15 days. So, you must know the whole process of transfer between coinbase.com and wallet is not instant. To complete these transactions, confirmation on all the networks is necessary.
All these transfers are dependent on the available withdrawal periods and the associated risks. Other than this, within 2 to 15 days, Coinbase will notify you when it will be available to send the crypto to the wallet.
Coinbase to Coinbase Wallet Transfer Fee
There are no fees. So, if you are trying to transfer from Coinbase to Coinbase wallet, the application will not charge any kind of fee to the user.
You may have to pay the miner’s fee for the transactions that you will make off the Coinbase platform.
It implies that there is no fee for transferring cryptos from one Coinbase account to another but you will have to pay the fee to transfer cryptos from Coinbase to another wallet.
Also Read: Is Coinbase Legit and Safe?
The whole process to connect your Coinbase.com to the Coinbase app or transfer cryptos is quite easy and can be carried out effortlessly by even a new user.
In the article, we have attempted to explain to you the whole process in detail. Also, we have attempted to offer some related questions as well. Hope the article was helpful for you.
- How to Transfer Crypto from Trust Wallet to Coinbase?
- Coinbase Wallet Address
- How to Transfer Crypto from Crypto.com to Coinbase?
- How to Add Bitcoin to Coinbase Wallet?
- How to Transfer Crypto from Coinbase to Crypto.com?