What is the process to transfer bitcoins from Coinbase to GDAX?
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Can you explain the step-by-step process of transferring bitcoins from Coinbase to GDAX?
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1 answers
- To transfer bitcoins from Coinbase to GDAX, follow these steps: 1. Log in to your Coinbase account. 2. Navigate to the 'Accounts' tab and select your Bitcoin wallet. 3. Click on the 'Send' button. 4. Enter the GDAX Bitcoin deposit address in the recipient field. 5. Specify the amount of bitcoins you want to transfer. 6. Review the transaction details and click on the 'Send' button. 7. Wait for the transaction to be confirmed on the Bitcoin network. 8. Once confirmed, the bitcoins will be available in your GDAX account. It's important to note that GDAX offers lower fees for trading compared to Coinbase, so transferring your bitcoins to GDAX can be beneficial if you plan to actively trade cryptocurrencies. I hope this explanation helps! If you have any more questions, feel free to ask.
Mar 01, 2022 · 3 years ago
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