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I want to do this. Can you explain how to do it please (without exchanging to USD)?

Scoundreller 4y ago
Partly depends on what coin(s) you want to hold.
vishnugupta 4y ago
Download Metamask (or any of the Wallet apps, interestingly CB has also has a Wallet app.), create your public/private keys through them. Note down the public address of the coin and transfer out from Coinbase to that public address. Make sure to transfer to the right block-chain address pair. If done incorrectly you'll permanently lose money. For example; select Ethereum as the blockchain while transferring your ETH coins.
comboy 4y ago
https://trezor.io/ https://trezor.io/ but if you are not able to research this on your own and rely on some random comments (and you don't already know this while already holding crypto), I'm not sure withdrawing is +EV. I don't mean to offend you, just a sincere advice. You can lose your coins when they are on Coinbase and you can do it when you want them most, but you can lose them on your own too. Maybe at least split them.
- huijzer 4y ago
  Also don’t forget that you need to pay fees too in some cases for transfers which can make things tricky and costly. So if you have a coin B which is a subcoin of coin A, then you need A to transfer B…
pclmulqdq 4y ago
Metamask, cake wallet, exodus wallet, or a hardware wallet are all suggestions I have seen. I personally used exodus wallet. Then, you can get the wallet addresses, and have coinbase send a transaction to your wallet. It was actually really easy.
- Yizahi 4y ago
  Phantom wallet is pretty good too I heard. Very secure.
vorpalhex 4y ago
You'll need a soft or hard wallet, a backup method appropriate to that wallet, a safe, custodial access (some way for your family/friends/etc to get to it if you die) and you may need to run a bittorrent node. Most soft wallets are built in electron (Metamask) and are exactly as secure as you think an electron app is. Hardware wallets are in theory better but may be vulnerable if physically taken, and require a cold wallet which itself has to be kept securely and for extended periods of time. For $120 you can get a titanium card to store your cold wallet backup on. And all those hard/cold wallets need physical access control, protection from fires, etc.
thefourthchime 4y ago
I did this a few months ago. I moved it to Cash app and Greenwallet, I used their apps for both.
jacquesm 4y ago
Run the standard Bitcoin core wallet and send them from coinbase to your new wallet. It will take a while to sync up but you should be able to make the transfer almost immediately. Make sure you have plenty of free hard drive space and back up your wallet.dat file as soon as you have received the coins.
- tastyfreeze 4y ago
  You don't have to wait for the transaction to confirm before backing up the wallet.dat. The keys in wallet.dat are the same regardless of the transactions to/from them.
  - jacquesm 4y ago
    Ah yes, good point!
misiti3780 4y ago
I have no affiliation with Coinbase and have been thinking about doing the same, but doesnt Coinbase provide a solution? https://www.coinbase.com/wallet https://www.coinbase.com/wallet
- deleted 4y ago
  [deleted]

Partly depends on what coin(s) you want to hold.

Download Metamask (or any of the Wallet apps, interestingly CB has also has a Wallet app.), create your public/private keys through them. Note down the public address of the coin and transfer out from Coinbase to that public address. Make sure to transfer to the right block-chain address pair. If done incorrectly you'll permanently lose money. For example; select Ethereum as the blockchain while transferring your ETH coins.

comboy 4y ago

https://trezor.io/ https://trezor.io/ but if you are not able to research this on your own and rely on some random comments (and you don't already know this while already holding crypto), I'm not sure withdrawing is +EV. I don't mean to offend you, just a sincere advice. You can lose your coins when they are on Coinbase and you can do it when you want them most, but you can lose them on your own too. Maybe at least split them.

huijzer 4y ago
Also don’t forget that you need to pay fees too in some cases for transfers which can make things tricky and costly. So if you have a coin B which is a subcoin of coin A, then you need A to transfer B…

pclmulqdq 4y ago

Metamask, cake wallet, exodus wallet, or a hardware wallet are all suggestions I have seen. I personally used exodus wallet. Then, you can get the wallet addresses, and have coinbase send a transaction to your wallet. It was actually really easy.

Yizahi 4y ago
Phantom wallet is pretty good too I heard. Very secure.

vorpalhex 4y ago

You'll need a soft or hard wallet, a backup method appropriate to that wallet, a safe, custodial access (some way for your family/friends/etc to get to it if you die) and you may need to run a bittorrent node. Most soft wallets are built in electron (Metamask) and are exactly as secure as you think an electron app is. Hardware wallets are in theory better but may be vulnerable if physically taken, and require a cold wallet which itself has to be kept securely and for extended periods of time. For $120 you can get a titanium card to store your cold wallet backup on. And all those hard/cold wallets need physical access control, protection from fires, etc.

thefourthchime 4y ago

I did this a few months ago. I moved it to Cash app and Greenwallet, I used their apps for both.

jacquesm 4y ago

Run the standard Bitcoin core wallet and send them from coinbase to your new wallet. It will take a while to sync up but you should be able to make the transfer almost immediately. Make sure you have plenty of free hard drive space and back up your wallet.dat file as soon as you have received the coins.

tastyfreeze 4y ago
You don't have to wait for the transaction to confirm before backing up the wallet.dat. The keys in wallet.dat are the same regardless of the transactions to/from them.
- jacquesm 4y ago
  Ah yes, good point!

misiti3780 4y ago

I have no affiliation with Coinbase and have been thinking about doing the same, but doesnt Coinbase provide a solution? https://www.coinbase.com/wallet https://www.coinbase.com/wallet

deleted 4y ago
[deleted]