How To Transfer Crypto From Coinbase To Crypto.com? (2024)

FAQs

Can I transfer crypto from Coinbase immediately? ›

If you're sending to a crypto address that belongs to another Coinbase user who has opted into Instant sends in their privacy settings, you can send your funds instantly to them with no transaction fees.

For security reasons, you won't be able to immediately cash out your local currency using a linked bank account or send crypto purchased with such funds off of Coinbase (we call this “cashout availability”).

All you have to do is to copy your wallet address for the cryptocurrency you want to receive. Then, paste the wallet address in the exchange you want to send it to. You need to start at your Coinbase account, and find the cryptocurrency you want to transfer, and click on “Receive”.

Most transactions will be completed within 30 minutes. Check the number of confirmations.

Coinbase uses the ACH bank transfer system for payments with your bank account. The ACH bank transfer system typically takes 3-5 business days to complete after initiating a purchase.

Bank wire transfers may be credited to your Coinbase Pro account on the same day if submitted by 1:00 PM PT. Otherwise, funds will typically be available after one business day.

Coinbase could be holding your funds if your account seems suspicious. Also, it takes about 3–7 days for purchased crypto via bank to be credited and available to withdraw on your coinbase account. This is a security measure to curb money laundering, and stolen identity.

Coinbase may delay cryptocurrency transactions sent from your Coinbase account if we suspect that you did not authorize the transaction.

Coinbase account limits are determined by an algorithm which takes a variety of factors into account, including but not limited to, account age, location, transaction history, payment method, and verification steps completed. Unfortunately this means that limits can sometimes go down for customers.

Which crypto wallet is best? ›

Key Specs. We chose Trezor as best for security because it comes with the strongest security features and track record of any reviewed hardware wallet. Trezor, like Ledger, is a name synonymous with crypto cold wallet storage.

From the MetaMask mobile app:

Go to the Coinbase Wallet extension, click Show Wallet address > QR code. Open the MetaMask mobile app, and tap Send > QR code and scan the Coinbase Wallet extension QR code in your web browser. Enter the amount of crypto you'd like to send and select the asset. Complete the transaction.

If you're looking for secure crypto storage, then it would no be a good idea. Coinbase is a custodial holding your crypto for you. If something is wrong with the company or their servers, your crypto might be in danger.

Fees for Crypto Trading

Buying with a credit or a debit card will have a 2.99% fee, and if you exchange crypto within your account, the transaction will be free. SWIFT deposits and withdrawals will have varying bank transfer fees, and ACH and SEPA deposits and withdrawals are usually free.

But Coinbase is the best choice for beginners or institutions who want to get the most out of their crypto. Crypto.com, on the other hand, better serves traders who want to earn higher staking rewards and use DeFi services.

Why are Coinbase Wallet Miner Fees so High? The main reason bitcoin mining fees are high is supply and demand. The bitcoin block size is 1MB, meaning that miners can only confirm 1MB of transactions per block (one block every ten minutes).

According to Crypto.com, transfers to external sources usually take approximately 2-3 hours. The exact time will depend on the transfer speed you select on the transaction review screen. Faster transfer times will incur higher transfer fees.

If you're seeing Funds on Hold, it means that these funds are subject to a Coinbase cashout hold and cannot be transferred to Coinbase Pro yet. Although you can use these funds to buy or sell on Coinbase.com (not on Coinbase Pro), transfers or cashouts are restricted until the hold period is done.

Transfers generally take 1-2 business days to process.

In the Crypto.com App:

Tap on the "Transfer" button > “Deposit” > “Crypto” Select the cryptocurrency you want to deposit. A pop-up will appear with your deposit address and its QR code.

Can you transfer into crypto com? ›

Bank transfers via ACH Network are a relatively inexpensive way for U.S. residents to transfer funds from their bank account into the Crypto.com App.

To transfer funds from Coinbase.com to Coinbase Wallet go to Settings in your Coinbase Wallet app and select Transfer. To transfer funds from Coinbase Wallet to Coinbase.com click Send on the Coinbase Wallet app home screen below your balance. Then select the currency and amount you'd like to transfer.

No third-party deposits are permitted using wire transfer. The name of the bank account holder must match with the registered name on the crypto.com's App. Cash and check wire deposits are not accepted.

Log In to your Crypto.com App. Continue with the on-screen flow to select the amount and complete the transfer. The transfer will be instant and without fees.

It is a feature that adds an additional layer of security to safeguard your funds that's why you can't withdraw directly.

Yes, Crypto.com does report crypto activity to the IRS. US users who earn $600 or more in rewards from Crypto.com from Staking, Earn, Referrals, or certain other activities will receive a 1099-MISC tax form and the same form will be sent to the IRS.

Fees for Crypto Trading

Buying with a credit or a debit card will have a 2.99% fee, and if you exchange crypto within your account, the transaction will be free. SWIFT deposits and withdrawals will have varying bank transfer fees, and ACH and SEPA deposits and withdrawals are usually free.

As mentioned previously, it is not wise to keep large amounts of cryptocurrency in any hot wallet, especially an exchange account. Instead, it is suggested that you withdraw the majority of funds to your own personal "cold" wallet (explained below). Exchange accounts include Coinbase, Gemini, Binance, and many others.

Coinbase offers our cash and Hosted Cryptocurrency balance service free of charge, allowing you to store your cash and supported cryptocurrency at no cost. We don't charge for transferring crypto from one Coinbase user's primary balance to another user's primary balance.