What are the best practices for transferring Bitcoin from a paper wallet to Coinbase?

1 answers

• Chong Jia YiApr 15, 2021 · 4 years ago
  When it comes to transferring Bitcoin from a paper wallet to Coinbase, here's what you need to know: 1. Log in to your Coinbase account and go to the 'Accounts' tab. 2. Click on 'Receive' for your Bitcoin wallet. 3. Copy the Bitcoin address provided by Coinbase. 4. Open your paper wallet and find the private key or QR code. 5. Use a Bitcoin wallet app or website to scan the QR code or enter the private key. 6. Enter the amount of Bitcoin you want to transfer to Coinbase. 7. Confirm the transaction and wait for it to be processed. Remember to keep your private key secure and never share it with anyone. Also, make sure to double-check the address before confirming the transaction. If you encounter any issues during the transfer, you can reach out to the Coinbase support team for assistance. Happy transferring!
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