How To Transfer Bitcoin from Coinbase to Your Blockchain Wallet

in bitcoin •  7 years ago 

The popularity of bitcoin is gaining more and more, and Coinbase is a very popular and trusted website to initially purchase bitcoin. Once purchased many people like to move their bitcoins to their Blockchain wallet, one of the most secure wallets available.

The first step is to generate a ‘Receive‘ bitcoin address from your Blockchain wallet. Then once that is copied you simply paste the bitcoin address into the ‘Send‘ field in Coinbase.

Then enter the amount of bitcoin that you wish to transfer and enter a short description to remind you of the purpose of the transaction, i.e. moving bitcoin from Coinbase to Blockchain.

And that is pretty much it.

You can view all these steps in this video:

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Great post! I was a bit skeptic in the beginning about the whole transfer addres thing.

Thanks. Yep, much safer to keep your btc off of the exchanges in my opinion. Appreciate the upvote!

This was very helpful, thanks so much!

Thank you very much for this article, I have some useful info too, it is about block-chain: https://www.cleveroad.com/blog/blockchain-solutions-for-various-industries-learn-about-advantages-and-challenges

Thank you! This post is interesting and useful.
I agree, that bitcoin and blockchain are closely linked. And blockchain has wide range of applications, I think. So, if you are interested in blockchain development this information might be interesting https://joinsoft.com/services/blockchain-development/