I would suggest you transfer those assets to your crypto wallet as soon as possible. These transferred assets not only help you to take charge of your funds but also give you complete peace of mind when we talk about the security factor of those funds. In this regard, a lot of users choose to go ahead with the Coinbase Wallet. This wallet helps you ensure that you are solely responsible for the safety of your funds and you are their sole owner.
On the other hand, users who have stored their funds in another wallet and now wish to transfer those funds to the Coinbase wallet can surely take a look at the upcoming sections to learn the same.
Steps to buy crypto from within the Coinbase wallet
Yes, the Coinbase wallet comes pre-equipped with several fantastic features and services. One of the most amazing features of this property is the option to buy crypto from within the wallet. However, if you have purchased crypto assets from another exchange, then also you can transfer those funds to your Coinbase Wallet. Here is how:
- Sign into your Coinbase Wallet account and then select the "Buy" option
- Further, you can select the token that you are interested in purchasing
- Enter the amount of crypto that you wish to buy
- Select or change your mode of payment from the given options and select "Preview buy"
- Following this, you can review the transaction details and make sure to check the network as well
- If everything seems to be fine, select the "Confirm" option
Steps to receive crypto from another wallet to Coinbase Wallet
If you have stored some crypto assets in a wallet other than Coinbase Wallet, then you can follow the steps listed below to fund your Coinbase Wallet instantly:
- Sign into your Coinbase Wallet as you usually do
- Then, select the "Show Wallet Address" option and then choose the "Copy" option
- Now, move to another wallet from which you are expecting crypto and sign into it
- Go to the "Send" section and then you can paste the wallet address from Step 2 here
- Further, you can enter the amount of crypto that you wish to send to your Coinbase Wallet and then choose the preferred asset
- Review and verify all the details and then complete the transactions by choosing the apt option
Concluding Thoughts:
The basic details that we have given here help you to fund your Coinbase wallet. Here, we have included details on how to buy crypto assets from within your wallet. Also, we have talked about the method that you need to follow if you have stored some crypto assets in a wallet other than the Coinbase wallet and you'd like to transfer them to your Coinbase Wallet at the earliest.
Since this wallet is a non-custodial wallet, hence, you need to make sure that you take all the responsibility to safeguard its login password or the secret recovery phrase of the wallet.