Wallet

How do I send and receive crypto?

All Coinbase Wallet transactions are processed on the blockchain which means senders will be charged a miner fee.

Sending and receiving unsupported assets through Wallet can cause you to lose them. Find out which assets are supported.

Be sure you're using your unique QR code for the correct coin to avoid any issues receiving your funds. 

Receiving crypto

You can generate a unique address (QR code) from your Wallet to ensure the correct address. To receive supported crypto or digital assets:

  1. Open the Coinbase Wallet app.

  2. Tap Receive.

  3. To share an address, select the network for the asset you wish to receive. You can choose to share your unique QR code or address with the sender.

  4.  If you claimed a web3 username through Coinbase, this username can be used to receive funds on any of Coinbase Wallet’s supported networks. Simply switch to the Username tab to view and share your username with the sender.

To transfer assets from your existing balance on Coinbase, see instructions here.

Sending crypto

Send supported crypto right from Coinbase Wallet to another wallet. Learn how to transfer funds between your Coinbase.com account and your Wallet.

To safeguard against sending funds to an incorrect address, we suggest asking the receiver for their unique QR code or web3 username. Note that you can send supported assets using a cryptocurrency address, Coinbase Wallet username, or ENS (Ethereum Name Service for ETH/ERC-20).

  1. Open the Migrated from https://help.coinbase.com/content/dam/help/articles/wallet/icons/Wallet%20App.png, updated at Mon Apr 11 2022 12:52:36 GMT-0700 (Pacific Daylight Time) Coinbase Wallet app.

  2. Tap Send.

  3. Select the asset and amount you'd like to send

  4. Tap Next.

  5. Enter the exact address, ENS or username of the recipient  you would like to send the funds to. If you’re using the Coinbase Wallet mobile app, you can also tap the Migrated from https://help.coinbase.com/content/dam/help/articles/wallet/icons/QR%20Code%20Send.png, updated at Mon Apr 11 2022 12:52:36 GMT-0700 (Pacific Daylight Time)to scan the recipient's unique QR code.

  6. Review and confirm the transaction.

  1. Select the asset from the Wallet extension. 

  2. Enter the amount you'd like to send.

  3. Enter the recipient's information.

  4. Click Send

If you use a Ledger wallet on the Coinbase Wallet extension, you’ll need to sign/approve the transaction on your Ledger device. Make sure “blind signing" is enabled on the device—blind signing is required to sign/approve transactions. If you have issues completing transactions on your Ledger, see our troubleshooting and tips to fix the issue.

Network fees

Network fees, also known as miner fees, are paid to the miner for processing crypto transactions and securing the respective network—these fees do not go to Coinbase. For example, if you’re sending an ERC-20 token, you'll need enough ETH in your wallet to pay a miner’s fee so that your transaction is processed and confirmed on the Ethereum blockchain. 

What's a “miner”?

A miner is an individual or entity that manages a node (or group of nodes) which are responsible for adding new transactions to blocks and verifying blocks created by other miners.

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