Buying cryptocurrencies on Trust Wallet itself is very costly because Trust Wallet’s providers charge a very high fee – up to 5%. Hence, it’s recommended that you buy your crypto from an exchange like Coinbase that charges a transaction fee of $0.99 to $2.99, which is much lower than the providers on Trust Wallet. After which, you can transfer to Trust Wallet.
Transferring crypto from Coinbase to Trust Wallet is a straightforward process. The only prerequisites are having the Coinbase and the Trust Wallet app on your mobile device. In this short guide, we’ll be teaching you how to transfer crypto from Coinbase to Trust Wallet if you wish to circumvent the costly fees of purchasing on Trust Wallet directly.
How to Transfer Crypto from Coinbase to Trust Wallet
1. Copy the Crypto’s Address on Trust Wallet
- To begin with, open Trust Wallet on your mobile device and navigate to your wallet. On your wallet, you’ll see a list of cryptocurrencies that includes “Bitcoin”, “ETHereum”, “BNB”, and “Smart Chain” among others. Navigate to the cryptocurrency that you want to receive.
- For example, if you want to send ETHereum from Coinbase to Trust Wallet, tap on “Ethereum”. Once you’ve navigated to the cryptocurrency that you want to send from Coinbase to Trust Wallet, you need to copy its address.
- Tap on “Copy” to copy your cryptocurrency’s address (e.g. ETHereum). This will copy the cryptocurrency’s address from Trust Wallet to your clipboard. You will need to paste this address on Coinbase later on.
- If you want to send other cryptocurrencies, you need to manually add it from the “Manage” page. To do so, tap on the Settings icon > search for the cryptocurrency that you want to receive/paste its address > tap on the switch to enable it. Once you’ve enabled it, the cryptocurrency will appear on your wallet.
2. Select the Crypto on Coinbase that you Want to Send
If you haven’t downloaded the Coinbase app yet, you need to do so from the App Store or Google Play Store. Alternatively, you can use Coinbase on your desktop but the user interface will be a little different.
- Open the Coinbase app on your mobile device and log in to your account.
- Upon logging in, you’ll need to navigate to the sending page. To do so, tap on the “reverse” icon on the bottom navigation bar.
- After that, a navigation menu will open and you’ll see several options: “Buy”, “Sell”, “Convert”, “Send”, and “Receive”. Since you’re looking to send a cryptocurrency (e.g. ETHereum) to Trust Wallet, tap on the “Send” option.
- Once you’ve tapped on the “Send” option, you’ll land on the “Select asset” page displaying a list of cryptocurrencies that you own. Tap on the cryptocurrency that you want to send to Trust Wallet – if you’re looking to send ETHereum, tap on “Ethereum”.
If you don’t see the cryptocurrency that you want to send on the page, it means that you haven’t bought it yet. If that’s the case, you need to buy it on Coinbase first before you can send it to Trust Wallet.
3. Send the Crypto by Pasting its Address from Trust Wallet
- After you’ve selected the cryptocurrency that you want to send via the “Select asset” page, you’ll land on the “Enter amount” page that shows the amount of cryptocurrency that you own in fiat currency. That is the maximum amount of cryptocurrency that you can send.
- On the number pad, key in the amount of cryptocurrency (e.g. ETHereum) that you want to send to Trust Wallet. Then, tap on “Continue” to proceed to the “Select recipient” page.
- On the “Select recipient” page, you’ll see a couple of fields including “To” and “Note”. Firstly, paste your cryptocurrency’s address from Trust Wallet on the “To” field (you should have copied this address on the first step).
- Next, you can add an optional note on the “Note” field. Otherwise, tap on “Preview send” to proceed to the confirmation page. On the page, you’ll see how much crypto (e.g. ETHereum) you’re sending to Trust Wallet, along with the Coinbase fee and network fee.
- Once all is good, tap on “Send now” to send your crypto from Coinbase to Trust Wallet. The transaction will usually be completed in 30 to 60 minutes and once completed, you’ll be able to see the amount of crypto that you’ve received on Trust Wallet.
Closing Thoughts
Transferring crypto from one wallet to another is a relatively quick and easy process so fret not if you are wondering how to transfer crypto from Coinbase to Trust Wallet. This guide was made with beginners in mind and written in a way that’s super simple to follow.
Though, beginners or not, a good practice to adopt whenever you’re sending crypto to another wallet is to always double check at the very minimum, to ensure that you’ve pasted the right wallet address. Otherwise, your funds may be lost and irrecoverable.
