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How can I transfer my crypto from a custodial wallet to a non-custodial wallet?

avatarThomasen SlothDec 26, 2021 · 3 years ago1 answers

I have some cryptocurrency stored in a custodial wallet and I want to transfer it to a non-custodial wallet. How can I do that? What steps do I need to follow to ensure a smooth and secure transfer?

How can I transfer my crypto from a custodial wallet to a non-custodial wallet?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Transferring your crypto from a custodial wallet to a non-custodial wallet is a straightforward process. Just follow these steps: 1. Choose a non-custodial wallet: Look for a reliable non-custodial wallet that supports the cryptocurrency you want to transfer. 2. Generate a new wallet address: In your non-custodial wallet, create a new wallet address to receive the crypto. 3. Withdraw from the custodial wallet: Log in to your custodial wallet and find the option to withdraw or send funds. 4. Enter the recipient address: Copy the wallet address you generated in step 2 and paste it as the recipient address in your custodial wallet. 5. Specify the amount: Enter the amount of crypto you want to transfer. 6. Confirm the transaction: Review the details and confirm the transfer. 7. Wait for the transfer: The transfer may take some time to be processed. Once completed, you'll see the crypto in your non-custodial wallet. Remember to always use secure wallets and be cautious of phishing attempts. Happy transferring!