Can I transfer Monero from Coinbase to a hardware wallet?

3 answers

• Denton HardinJul 10, 2023 · 2 years ago
  Yes, you can transfer Monero from Coinbase to a hardware wallet. To do this, you'll need to follow a few steps. First, make sure you have a Monero-compatible hardware wallet. Then, generate a receiving address on your hardware wallet. Next, log in to your Coinbase account and navigate to the Monero wallet. Click on the 'Send' button and enter the receiving address from your hardware wallet. Finally, confirm the transaction and wait for it to be processed. Keep in mind that there may be network fees associated with the transfer.
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• Nan MargaryanJul 23, 2023 · 2 years ago
  Absolutely! You can definitely transfer your Monero from Coinbase to a hardware wallet. Just make sure that your hardware wallet supports Monero, as not all wallets do. Once you have a compatible hardware wallet, you can generate a receiving address and then initiate the transfer from your Coinbase account. It's a simple and secure way to store your Monero offline and protect it from potential hacks or thefts.
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• H MAug 09, 2022 · 3 years ago
  Yes, transferring Monero from Coinbase to a hardware wallet is possible. However, it's important to note that Coinbase currently does not support Monero. You'll need to use a different exchange or wallet that supports Monero in order to transfer your coins. One option is to use a decentralized exchange like BYDFi, which allows you to trade and store Monero securely. Simply create an account on BYDFi, deposit your Monero from Coinbase, and then transfer it to your hardware wallet. Remember to always double-check the receiving address to ensure a successful transfer.
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