Transfer Crypto to and from Coinbase
How to Send Crypto to Coinbase from Gem Walletâ
Sending cryptocurrency from Gem Wallet to Coinbase is a straightforward process. Follow these three easy steps to complete your transaction:
Obtain Your Coinbase Deposit Addressâ
For this guide, we will be depositing some ATOM tokens to Coinbase.
Open the Coinbase app or visit the Coinbase website and log in to your account. Click on "My assets" and then tap on "Receive".
Choose the cryptocurrency you want to deposit.
Copy the provided deposit address and memo (if required). This is the address you will send your cryptocurrency to from Gem Wallet.
Always double check if the destination requires a memo or destination tag.
Access Your Gem Walletâ
Launch the Gem Wallet app and navigate to the wallet containing the cryptocurrency you want to send.
Tap on "Send" and then paste the deposit address you copied from Coinbase into the "Recipient Address" field in Gem Wallet. Do not forget the memo field if it is required.
Send Crypto from Gem Wallet to Coinbaseâ
Enter the amount of cryptocurrency you wish to send. Review the transaction details to ensure everything is correct.
Double check the destination address and confirm if a memo or destination tag is required. Funds might get lost if this information is not accurate.
Tap on "Confirm" to proceed with the transaction.
Wait for the transaction to be processed. Congratulations, you have successfully sent your crypto to Coinbase using Gem Wallet.
How to Receive Crypto from Coinbase to Gem Walletâ
Receiving cryptocurrency from Coinbase to your Gem Wallet is a simple process. Follow these three easy steps to complete your transaction:
Obtain Your Gem Wallet Addressâ
For this guide, we will be withdrawing some Base Ethereum (ETH) from Coinbase.
Launch the Gem Wallet app and navigate to the wallet where you want to receive the cryptocurrency. Tap on "Receive".
Copy the provided wallet address or scan the QR code. This is the address you will use to receive cryptocurrency from Coinbase.
Access Your Coinbase Accountâ
Open the Coinbase app or visit the Coinbase website and log in to your account. Click on "My assets" and then tap on "Send". Choose the cryptocurrency you want to withdraw.
Choose the correct "Network" then paste the Gem Wallet address you copied in Step 1 into the "Address" field and Memo (if required).
Send Crypto from Coinbase to Gem Walletâ
Enter the amount of cryptocurrency you want to send, then tap on "Preview". Select the "Self-custody wallet" option.
Next, tap on "Message signing". You will be prompted to verify the ownership of the destination wallet. Using WalletConnect, connect your Gem Wallet address to Coinbase in order to verify ownership.
Tap on "Confirm" to complete the wallet verification. Afterwards, the withdrawal application will be processed.
Congratulations, you have successfully received crypto on your Gem Wallet from Coinbase.