Bitcoin has become one of the most popular digital currencies in the world, and with its growth, many people are looking for convenient ways to buy, sell, and store it. Cash App and Coinbase are two of the most popular platforms for buying and selling Bitcoin, making them the perfect places to start. In this article, we’ll explain how to send Bitcoin from Cash App to Coinbase wallet.
Step 1: Set up a Coinbase account
The first step in transferring Bitcoin from Cash App to Coinbase is setting up a Coinbase account. To do this, visit the Coinbase website and create an account. Once you’ve created your account, you’ll need to verify your identity by providing your name, address, and date of birth. You’ll also need to provide a valid form of identification, such as a driver’s license or passport.
Step 2: Link your Cash App account to Coinbase
After setting up your Coinbase account, you’ll need to link it to your Cash App account. To do this, open the Cash App and navigate to the “Bitcoin” tab. From there, select “Withdraw Bitcoin” and choose the amount of Bitcoin you want to transfer. You’ll then need to enter your Coinbase wallet address, which you can find by navigating to the “Accounts” tab in Coinbase and selecting your Bitcoin wallet.
Step 3: Confirm the transfer
Once you’ve entered your Coinbase wallet address, you’ll need to confirm the transfer. This will require you to enter your Cash App PIN or use Touch ID to confirm the transfer. After confirming the transfer, your Bitcoin will be sent to your Coinbase wallet.
Step 4: Wait for the transfer to complete
After confirming the transfer, you’ll need to wait for it to complete. The time it takes for the transfer to complete will depend on the network congestion and the fees you paid. You can check the status of your transfer by navigating to the “Accounts” tab in Coinbase and selecting your Bitcoin wallet. Once the transfer is complete, you’ll be able to see your Bitcoin balance in your Coinbase wallet.
Conclusion
Transferring Bitcoin from Cash App to Coinbase is a simple process that can be completed in just a few steps. By following the steps outlined above, you’ll be able to send Bitcoin from Cash App to Coinbase quickly and easily. It’s important to remember that Bitcoin transactions can take some time to complete, so be patient and wait for the transfer to complete before checking your Coinbase wallet balance. With these simple steps, you’ll be well on your way to buying, selling, and storing Bitcoin with ease.