Holding crypto on an exchange means the exchange manages your accounts, controlling your private keys on your behalf.
In contrast, using Bifrost Wallet enables you to manage your own crypto accounts and retain full control over your private keys.
This article provides a step-by-step guide on how to transfer crypto from Coinbase to your Bifrost Wallet.
To withdraw Flare tokens from the Coinbase exchange you first need to login to your Coinbase account.
Press Send & Receive in the header.
In the pop-up window, you choose Send. Choose the Asset you want to transfer, and paste in your Bifrost Wallet address in the To row. Learn how to find your address in Bifrost Wallet.
Verify that the token amount and the address you send to is correct. Also make sure that the Network is correct, for some tokens, you have the option to change the network, so make sure you transfer it on a network that is supported by the Bifrost Wallet. Press the Send Now button when you have confirmed the information.
About Bifrost Wallet
Bifrost Wallet is a secure, self-custodial crypto wallet with multi-chain support including XRP Ledger, Flare, Ethereum, Bitcoin and other EVM & UTXO chains. Independently audited by FYEO and Cure53. Certified by WalletConnect and secured by Blockaid for malicious dApp and token detection. As the most XRPFi-ready wallet, Bifrost Wallet supports minting, redeeming and staking FXRP and lets users earn real onchain yield with their XRP.
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