You need to move your crypto, we’re here to help. Check out our guide on how to transfer crypto from Coinbase to Trust Wallet.
Having complete control of our funds is paramount to anyone involved in cryptocurrency. Part of that control means sending funds from one place to another whenever you want, which includes withdrawing them. Some wallets offer better rewards or lower fees, which is why you might want to transfer your digital assets. But doing so isn’t always as simple and straightforward as it should be.
That’s why we’re going to tell you how to easily connect Trust Wallet to Coinbase. Just follow the steps listed below, and before you know it, your digital assets will have a new home in your Trust Wallet.
Why Move Your Crypto from Coinbase to Trust Wallet
Coinbase is one of the most secure exchanges in the world, but it’s still an exchange. Unfortunately, exchanges are susceptible to hacks and attacks that result in investors losing a large portion of their funds. This happens because of exchange security, not because of something the user does.
On the other hand, if you have your funds in Trust Wallet, you know your funds are secure so long as you don’t go showing off your private keys. With Trust Wallet, you don’t have to worry about someone accessing your funds without your permission. You hold the keys, which means you decide what happens with your digital assets.
How to Transfer Crypto from Coinbase to Trust Wallet
You’ve purchased crypto on Coinbase, but now you want to transfer money to Trust Wallet. Once you have your digital assets in your Trust Wallet, you can use your funds on decentralized platforms like Pancake Swap.
For now, though, we just want to focus on getting your cryptocurrency from Coinbase to Trust Wallet.
Step 1 – Download Trust Wallet
If you haven’t already done so, find your way to the Trust website and download and install the wallet. It’s available for iOS or Android devices.
Step 2 – Find the cryptocurrency address in your Trust Wallet and copy it
Open your Trust Wallet, then choose the crypto you want to transfer. When you find the crypto you’re going to receive, you’ll see four options: Send, Receive, Copy, More. Select copy to get the address you want to use.
Step 3 – Open Coinbase and select the cryptocurrency you want to transfer
You can use either the Coinbase web app or the mobile app to perform this step. Of course, if you’re using Trust Wallet on your smartphone, it will probably be easier to go through your Coinbase mobile app. Once you’re in the app, find the crypto you want to send to Trust Wallet.
Step 4 – Choose the amount you want to transfer
Now that you’ve selected the cryptocurrency you want to send, you’ll need to enter how much you want to transfer. You’ll see an “Enter amount” field, which allows you to type in the amount of crypto you want to send to your Trust Wallet.
Step 5 – Enter your Trust Wallet address
Remember that address from your Trust Wallet that you copied in Step 2? This is where you paste it. As with any crypto transfer, double-check the address is correct. Entering the wrong address could result in loss of funds.
Step 6 – Click “Send Now“
Once you’ve confirmed the wallet address, it’s time to send the funds. Click on “Send Now” for Conibase to kick off the transaction.
Step 7 – Provide the validation number
Next, you’ll receive a validation number from Coinbase, which you’ll use to confirm that you’re the one who requested the transfer. Enter the code, then click “Submit”.
Step 8 – Wait for funds to arrive in your Trust Wallet
That’s pretty much all there is to it. Head over to your Trust Wallet and wait for your funds to arrive. Keep in mind that this type of transfer isn’t instant, so you might have to wait ten or fifteen minutes for your crypto to show up. If they don’t show up, you can check the Coinbase transaction history to ensure your funds are on their way.
Here are some commonly asked questions about transferring your crypto from Coinbase to Trust Wallet.
Should I move my crypto to Trust Wallet?
Most people move their crypto from Coinbase to Trust Wallet to use it on decentralized exchanges like Pancake Swap or Uniswap. Trust Wallet is secure, reliable, and offers plenty of features, so if you want to move your crypto, Trust Wallet is a solid option.
Are there transaction fees for moving my crypto from Coinbase to Trust Wallet?
Yes, you’ll almost always pay some type of fee when you move your crypto from one platform or wallet to another. Rates will vary depending on which crypto and how much of it you’re moving.
How do I reduce network fees on my Trust Wallet?
On Trust Wallet, you can monitor the network fees for various digital assets. If you don’t need to have your funds immediately, you can set the transaction to initiate on another day. Another way to help reduce your network fees is to make one large transaction instead of multiple small ones.
Quick and Easy
Moving your crypto from Coinbase to Trust Wallet is a simple and easy task. In just a few quick steps, the funds you have in your Coinbase account can be moved to your Trust Wallet and put to work. Of course, you always want to double-check you’re using the correct wallet address, otherwise, you may lose your funds.