Our world has long been influenced by the emergence of cryptocurrency and since then traders and investors are on a hunt to find the best trading platform out there.
One such platform which has been on the radar of several crypto investors is Coinbase Pro. In today’s blog post, we will be deciphering one critical topic on the minds of several investors: how to withdraw crypto from Coinbase Pro.
But before we begin let’s take a look at Coinbase Pro.
What is Coinbase Pro?
Pro.coinbase.com is the professional trading platform offered by Coinbase, a popular cryptocurrency exchange. The platform is designed for advanced traders and provides features such as margin trading, in-depth market data, and customizable charting tools. Users can access a variety of trading pairs, including Bitcoin, Ethereum, and other major cryptocurrencies.
Coinbase Pro is owned by Coinbase Global and is specially designed for more experienced and active traders. It offers a lower fee as compared to the Coinbase platform and also provides a wide variety of assets and cryptocurrencies to interact with.
Users of Coinbase Pro also get to enjoy industry-leading security features and various other security protocols in order to help them in protecting their crypto holdings. While the cryptocurrency market is very unsure and unstable, it is subjected to large price swings. It is best to only invest money that you can afford to lose in this highly volatile market.
How to withdraw crypto from Pro.coinbase.com?
The process to withdraw crypto from Coinbase Pro is very similar in both Coinbase platforms. Before we begin, remember to keep the recipient’s crypto address ready to be used.
Follow the steps mentioned below in order to withdraw crypto:
- Log into your Pro.coinbase.com account and navigate to the withdraw page.
- Select the cryptocurrency you wish to withdraw from the drop-down menu.
- Enter the amount of crypto you want to withdraw and the destination wallet address. Double-check the address to make sure it is correct as crypto transactions are irreversible.
- Click on “Withdraw” to initiate the transaction.
- You may need to confirm the withdrawal via email or SMS.
- Wait for the transaction to be confirmed on the blockchain. The time it takes for the funds to arrive in your destination wallet will depend on the cryptocurrency and the network congestion.
Note: It is important to note that some coins have a minimum withdrawal limit and withdrawal fee. Additionally, if you're withdrawing to a non-custodial wallet you should make sure you have access to the private key of the wallet.
Final thoughts
Coinbase has invested heavily in making its platform as intuitive as possible, especially for crypto beginners and experts like you. The walkthrough around the crypto segments available on the exchange’s web and mobile interfaces is easy as well as straightforward.
As we demonstrated in this guide the withdrawal process of crypto is straightforward and can be easily performed with just a few steps. We hope that this article was beneficial to you in finding answers to your queries and we hope that you keep trading at Pro.coinbase.com.