If you’re from a supported country, Coinbase remains one of the best crypto exchanges to buy and sell cryptocurrencies right now.
When compared to other popular crypto exchanges, Coinbase is one of the most preferred exchanges by new crypto investors due to its easy-to-use user interface and low fees when depositing fiat currencies like the USD, GBP, EUR, and more.
Trust Wallet on the other hand is one of the most popular crypto wallets out there with millions of users. It also offers a good interface but might not be a great choice if you want to purchase crypto from your bank account since their payment partners like Simplex and Moonpay charge way more fees when compared to crypto exchanges like Coinbase and Binance.
Most investors in the Defi space prefer to purchase crypto on exchanges like Binance or Coinbase before transferring these cryptocurrencies to Trust Wallet to purchase other tokens using DEXes like PancakeSwap and Uniswap.
In this guide, you will learn how to transfer crypto from Coinbase to Trust Wallet easily as well as some advantages of storing your cryptocurrencies on crypto wallets like Trust Wallet instead of CEXes like Coinbase.
Why Should You Transfer Your Crypto To Trust Wallet From Coinbase?
Many users prefer to store and/or trade crypto on non-custodial crypto wallets like Trust Wallet because these crypto wallets grant you full custody of your crypto assets by handing the private key of your wallet over to you.
Your account of custodial crypto exchanges can get hacked and in some cases, restricted by the exchange and you will lose access to your funds since you don’t have the private key of the wallet provided to you by the exchange, but on crypto wallets, that is not the case since you have full control over your wallet and crypto assets via the wallet’s private key.
How To Send Crypto From Coinbase To Trust Wallet (Quick Guide)
- Launch the Trust Wallet app on your device and select the asset you want to receive.
- On the asset’s page, tap on [Receive] and then [Copy] to copy the wallet address.
- Visit the Coinbase website and log into your account.
- Click on [Pay] on the left side of the screen.
- Select the crypto you want to send in the [Pay With] section and input the amount.
- Paste the wallet address you copied from Trust Wallet.
- Click on [Continue].
- Finally, click on [Send Now] to transfer the funds to your Trust Wallet address.
How To Transfer Crypto From Coinbase To Trust Wallet (Step-by-Step Guide)
Below is a step-by-step guide explaining how you can transfer crypto assets from Coinbase to Trust Wallet easily.
For this guide, we’ll be using the Coinbase web version (coinbase.com/dashboard) but the process is quite similar on both the web and mobile versions of Coinbase so if you’re on mobile, you can still follow along.
Step 1: Launch the Trust Wallet app and select the asset you want to transfer.
The first step in this guide is to launch the Trust Wallet app on your mobile device and select the crypto you want to transfer from the list of available balances on the Trust Wallet home screen.
In this guide, we will be sending some Ethereum (ETH) over from Coinbase to our Ethereum wallet on Trust Wallet so I will be selecting the Ethereum balance on Trust Wallet as you can see in the screenshot below.
If you’re not sending Ethereum like we are, select the crypto you want to send on the home screen e.g Bitcoin.
Can’t find the crypto you want to transfer on the list of available balances? Click on the [Filter] icon on the top right corner of the page.
Search for the token you want to receive then enable it by tapping on the toggle button next to the token.
Now, go back to the Trust Wallet home screen and you should find the token there, then you can select it.
Step 2: Tap on the [Receive] to view your wallet address.
On the asset page, tap on the [Receive] button to view your wallet address.
Step 3: Tap on [Copy] to copy the address to clipboard.
On the page containing the wallet address for the token you want to receive, click on [Copy] to copy the wallet address.
Step 4: Open the Coinbase website on your browser and click on [Pay].
Next, open the Coinbase exchange website on your browser and click on [Pay] on the left side of the Coinbase dashboard.
You need to log in to your Coinbase account to access the Coinbase dashboard so if you haven’t logged in, input your email address and password to log in.
Step 5: Select the crypto you want to send in the [Pay With] Section.
The default cryptocurrency on the Coinbase “Pay” tab is Bitcoin. If you’re not sending Bitcoin to Trust Wallet, change it to the asset you want to send.
For this guide, we will be changing it from Bitcoin to Ethereum since we want to transfer some Ether (ETH) to Trust Wallet.
Step 6: Enter the amount of crypto you want to send and input the wallet address.
Next, enter the amount of the selected crypto you want to transfer the input to the wallet address copied from Trust Wallet in Step 3 above.
Crosscheck and re-crosscheck the wallet address to ensure it is the right one before proceeding with the next step below. Crypto transactions are NON-REFUNDABLE and if you transfer to the wrong address, your crypto is GONE and cannot be recovered.
Step 7: Click on [Continue] to review the details.
Once you’re sure that the address is correct, go ahead and click [Continue] to review the details and proceed with the transaction.
Step 8: Click on [Send Now] to execute the transaction.
Finally, click [Send Now] to send the amount selected to your wallet on Trust Wallet.
With this, you have successfully transferred crypto from Coinbase to Trust Wallet.
You can head back to the Trust Wallet app and refresh the available balances to view your funds when they arrive. Trust Wallet will also send you a notification when the crypto arrives in your wallet.
In some cases, Coinbase might require some verification like your transaction pin or a verification mail to your address to complete the transaction so ensure you have access to your email and phone number.
Also, make sure the address is correct before sending because Coinbase support can’t help you retrieve your funds if you transfer crypto to the wrong address!
Related Questions
How Long Does It Take To Transfer Crypto From Coinbase To Trust Wallet?
Transferring crypto from Coinbase to Trust Wallet can take anywhere from 10mins to an hour depending on the coin you transferred.
Some blockchains process transactions faster than others.
Can You Transfer Cardano From Coinbase To Trust Wallet?
Yes, you can transfer Cardano (ADA) from your Coinbase account to Trust Wallet.
To move ADA from your Coinbase account to Trust Wallet, open the Trust app and copy your ADA wallet address. After that, hop on the Coinbase website or mobile app then transfer the correct amount of ADA coins to your Trust Wallet ADA address.
How Much Are The Fees When Transferring Crypto to Trust Wallet From Coinbase?
This depends on the crypto you’re transferring and the associated blockchain gas fees.
The Ethereum blockchain is notorious for high gas fees so if you’re sending ETH or other Ethereum-based tokens (ERC-20 tokens) to another wallet, you might pay a lot in gas fees depending on the amount involved in the transaction.
The gas fees on other blockchains are quite ok and you might end up paying just a few cents in gas fees for your transaction.
Wrapping Up
Transferring crypto from Coinbase to Trust Wallet is as easy as getting the wallet address from Trust Wallet and sending crypto to that wallet address from your Coinbase account.
The Coinbase UI on both the mobile and web versions is quite easy to use and beginner crypto investors will find the platform welcoming whether they’re buying their first cryptocurrency or sending funds over to other wallets.
If you were searching for a tutorial on how to transfer crypto to Trust Wallet from Coinbase, we hope you found this guide helpful.
