How To Transfer Bitcoin

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How to transfer bitcoin to cash

Have you purchased Bitcoin from Coinbase and now want to transfer it to your personal Bitcoin wallet?

To sweep Bitcoin paper wallet: Enter your paper wallet privater in the asked field, under ‘Transfer funds to an existing wallet’ select a wallet where you would to send your BTC, and then hit Import button. This way your BTC will be transferred to your Blockchain wallet address and your paper wallet will no longer be required.

You should. There have been so many cryptocurrency exchange hacks that leaving Bitcoin in an exchange is a terrible idea.

Don’t fret, transferring Bitcoin from Coinbase is as easy as entering a few numbers or scanning a QR code.

How to Transfer Bitcoin from Coinbase – Guide

Step 1: Login to your Coinbase account.

  • Bitcoin doesn't have borders. You can send money to any recipient globally without any restrictions. Bitcoin transactions only cost you pennies, it's not a mystery why Bitcoin is used by millions of people to transfer money worldwide.
  • Step 2: Transfer your Bitcoin to your exchange wallet. If you followed our guide on buying Bitcoin, you’d have stored your Bitcoin in a secure — maybe even cold — wallet.

Step 2: Go to the Portfolio page of your Coinbase account.

Bitcoin

Step 3: Click Send on your Portfolio page.

Step 4: Enter the address of the wallet.

How
  • Make sure to properly enter the wallet address. Transfer cannot be reversed.

Step 5: Enter the amount of Bitcoin you would like to send.

  • Bitcoin transfer can be done with up to 12 decimal places.

Step 6: Click Continue

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Step 7: Confirm all the details and then confirm your transfer.

If you have a QR code, then you don’t need to enter any numbers. Simply click the QR code option, scan the QR code, ensure the details are correct, and then start at Step 5.

How To Transfer Bitcoin

How to create a Bitcoin wallet?

Creating a Bitcoin wallet is also easy.

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We’ve already covered the best crypto wallets available.

How To Transfer Bitcoin

Experts recommend using a paper Bitcoin wallet for maximum security. They’re also extremely easy to create – simply head over to BitAddress to create one.

How To Transfer Bitcoin From Robinhood

If you want a little more convenience, then there are plenty of other options from dedicated hardware wallets, phone app wallets, and even desktop wallets.