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What is the process of moving Bitcoin into Ethereum on Coinbase?

avatarherewebitcoinJan 08, 2022 · 3 years ago1 answers

Can you explain the step-by-step process of transferring Bitcoin into Ethereum on Coinbase? I'm new to cryptocurrency and would like to understand how this works.

What is the process of moving Bitcoin into Ethereum on Coinbase?

1 answers

  • avatarJan 08, 2022 · 3 years ago
    Transferring Bitcoin into Ethereum on Coinbase is a straightforward process. Here's how you can do it: 1. Log in to your Coinbase account. 2. Navigate to the 'Accounts' tab. 3. Locate your Bitcoin wallet and click on 'Send'. 4. Enter the Ethereum wallet address where you want to receive the Bitcoin. 5. Specify the amount of Bitcoin you want to transfer. 6. Review the transaction details, including fees. 7. Click on 'Send' to initiate the transfer. 8. Wait for the Bitcoin transaction to be confirmed on the network. 9. Once confirmed, your Bitcoin will be converted into Ethereum and sent to the specified address. That's it! You've successfully moved your Bitcoin into Ethereum on Coinbase.