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What is the process for receiving coins in Coinbase?

avatarswarnadipDec 18, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for receiving coins in Coinbase? I'm new to cryptocurrency and want to make sure I understand how it works.

What is the process for receiving coins in Coinbase?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    Receiving coins in Coinbase is a breeze! Here's a simple guide: 1. Log in to your Coinbase account and go to the 'Accounts' tab. 2. Look for the cryptocurrency you want to receive and click on the 'Receive' button. 3. You'll see a unique address assigned to that specific cryptocurrency. This address is like your personal wallet where the coins will be sent. 4. Copy the address or use the QR code to share it with the sender. 5. Once the sender sends the coins to your address, you'll receive a notification in your Coinbase account. 6. The coins will then be added to your Coinbase wallet, and you can see them in the 'Accounts' tab. That's it! It's a straightforward process that ensures your coins are securely received.