Receive Crypto By Coinbase - App
- Soul4Space
- Jul 17, 2023
- 1 min read
Updated: Sep 26, 2023
Introduction
Receiving cryptocurrency on Coinbase is a straightforward process, whether you're using a web browser or the Coinbase app. In this guide, we'll focus on how to receive cryptocurrency using the Coinbase app.
Section 1: Initial Steps
Begin by launching the Coinbase app on your mobile device and signing in.
From the Home tab, tap on "Send and Receive".
Section 2: Navigating to the "Receive" Option
Select the "Receive" tab at the top of the pop-up window.
Insight: The process is similar whether you're using a web browser or the Coinbase app.
Section 3: Opting for Instant Transfers
If this is your first time receiving crypto, you'll be prompted to turn on instant transfers.
If you opt-in, other Coinbase users can send you crypto instantly and for free.
If you opt-out, sends to your crypto address will stay on-chain and incur fees.
Section 4: Choosing the Correct Cryptocurrency
Tap on the name of the cryptocurrency if you want to change it to a different asset.
Once the correct asset is selected, you're ready to receive funds.
Section 5: Sharing Your Cryptocurrency Address
Share your unique QR code or copy the crypto address to share with the person who will send you crypto.
Insight: Sharing your QR code can be faster and eliminates the chance of inputting the address incorrectly.
Conclusion
Using the Coinbase app to receive cryptocurrency is straightforward. You can opt for instant, fee-free transfers from other Coinbase users or traditional on-chain transfers.
Expert Tip: Remember to double check that the correct cryptocurrency is selected before sharing your address. Receiving cryptocurrency on the go is as easy as sharing your unique QR code or cryptocurrency address.