Prime

Trusted Address Book Protection

Trusted address book protection is a security feature on Coinbase Prime that only allows crypto withdrawals to external addresses listed in your portfolio's address book. It also allows you to label withdrawal addresses so they're easier to find.

This feature is automatically turned on for all portfolios. Updates to your address book are subject to consensus approvals. New external addresses must be approved before you can send to or withdraw from the address.

  • Transfers between Coinbase Prime and Coinbase Exchange are considered external

  • Transfers between wallets within an entity (investment vehicle) are considered internal transfers

You can add an address through your settings page or the withdrawal flow. Expand each section below for directions.

Who can use this feature?

You must have one of the following roles to complete the steps outlined in this article: Administrator, Initiator, Authorized Signatory, or Full Trader.

  1. Sign in to Coinbase Prime.

  2. On the lower-left corner of the page, click the Gear settings icon.

  3. Click Address Book.

  4. Click Add Trusted Address

  5. Search for and select the asset you'd like to use.

  6. Enter the trusted address name.

  7. Enter the trusted address location.

  8. Click Confirm New Trusted Address.

  9. Verify your identity with YubiKey.

You can't withdraw from or send to this address until consensus approvals are met.

  1. Sign in to Coinbase Prime.

  2. Search for the asset you'd like to use.

  3. Click Withdraw next to the asset.

  4. Click Withdraw to External Address.

  5. Under Source, select the wallet you'd like to withdraw from.

  6. Under Destination, click Enter, then click See Trusted Address Book.

  7. Click Add Trusted Address.

  8. Enter the address name.

  9. Enter the trusted address.

  10. Click Confirm New Trusted Address.

  11. Verify your identity with YubiKey.

You can't withdraw from or send to this address until consensus approvals are met.

We don't recommend turning off this security feature. It may require additional video call approvals for certain transaction types to meet our levels of security.

To turn off the trusted address feature:

  1. Sign in to Coinbase Prime.

  2. On the lower-left corner of the page, click the Gear settings icon.

  3. Click Security.

  4. Under Transactions, next to Trusted Address Protection, click Edit.

  5. Move the switch to off.

  6. Click Confirm Changes.

  7. Verify your identity with YubiKey.

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