How to send and receive cryptocurrency

Send

 

There are two ways to send crypto on Coinbase: on-chain or off-chain. 

On-chain  sends are used to send funds from the Coinbase platform to an external  address on the blockchain. On-chain sends are irreversible; Coinbase  can’t retrieve funds that were sent to the incorrect address or using  the incorrect network. On-chain sends incur network fees and take time to process. 

Off-chain sends allow you to send funds to another Coinbase user using their phone  number, email address, or username. Off-chain sends are instant and  incur no transaction fees.

  

  1. From your Dashboard, select Pay from the left side of the screen. 
  2. On the Send tab, enter the amount of crypto you'd like to send. (You can toggle between the cash value or crypto amount.) 
  3. Select Pay with and choose the asset to use for the send.
  4. Enter the crypto address, phone number, or email address of the person you would like to send the crypto to.
  5. Leave a note (optional).
  6. Select Continue to review the details.
  7. Select  the network that you’d like to send on, if applicable (always confirm  that your recipient’s wallet supports this network; learn more about  sending on other networks).
  8. Select Send now. 

 

Coinbase mobile app 


1. Tap  Send on the Home or Pay tab.

2. Select the asset.

3.  Select a contact or enter a recipient's email, phone number, crypto  address, or ENS name. You can also get this info by scanning the  recipient's QR code.

4. Enter the amount of crypto you'd like to send (you can toggle between the cash or crypto amounts). 

5. Select the network that you’d like to send on, if applicable (only available for assets that are supported on multiple networks;  always confirm that your recipient’s wallet supports this network. You  don’t need to select a network if you’re sending to a user’s email or  phone number).

6. Leave a note (optional), then select Preview.

7. Confirm the transaction details.

8. Select Send now.

If you're trying to send more crypto than you have in your crypto balance, you'll be prompted to top up when doing the send. 

Important:  All sends to crypto addresses are irreversible. Coinbase cannot  retrieve funds sent to the incorrect address or using the incorrect  network.

Receive

 You can share your unique cryptocurrency address to receive funds  through your web browser or mobile device after signing in. By opting  into Instant sends in your privacy settings,  you can control whether you want your crypto address to be verifiable  as a Coinbase user. If you opt in, then other users can send you money  instantly and for free. If you opt out, then any sends to your crypto  address will remain on-chain.  

  1. From the Dashboard, select Send/Receive at the top of the screen or Pay from the left side of the screen. 
  2. Select Receive.
  3. Select Asset and choose the asset you'd like to receive. 
  4. Select the network that you’d like to receive on, if applicable (learn more about receiving on other networks).
  5. Once the asset is selected, the QR code and address will populate.

mobile app