Buying cryptocurrencies (cryptocurrencies) on Trust Wallet is very expensive.
This is because Trust Wallet providers charge a very high fee, up to 5%.
So, it is recommended to buy the crypto from an exchange like Coinbase.
Coinbase charges a transaction fee of $0.99 to $2.99, which is much lower than Trust Wallet providers.
After purchasing cryptocurrencies from an exchange, you can transfer them to Trust Wallet.
Then, you can use a decentralized exchange on Trust Wallet like PancakeSwap to exchange BNB or Ethereum for another token.
Transferring cryptocurrencies from Coinbase to Trust Wallet is a simple process.
The only prerequisites are to have the Coinbase and Trust Wallet app on your mobile device.
If you haven’t installed the Coinbase app on your mobile device yet, you need to do so.
You can also use Coinbase on your desktop for this, but the screenshots in this guide are taken on the Coinbase mobile app.
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How to Transfer Cryptocurrencies from Coinbase to Trust Wallet
To transfer cryptocurrencies from Coinbase to Trust Wallet, you must first copy the cryptocurrency address to Trust Wallet.
For example, if you want to send Ethereum from Coinbase to Trust Wallet, you need to copy your Ethereum address to Trust Wallet.
Then, open Coinbase and go to the encryption you want to send (e.g. Ethereum).
You can do this by tapping on the “reverse” icon on Coinbase.
Then, tap “Send” and select the asset to send (e.g. Ethereum).
Coinbase will then prompt you to enter the amount of cryptocurrency you wish to send.
Next, you need to provide the recipient’s address.
In this case, you need to paste the address of your cryptocurrency from Trust Wallet (which you have previously copied) into the “To” field.
Finally, tap on “Send Preview” followed by “Send Now” to transfer your cryptocurrency.
Here is a step-by-step guide on how to transfer cryptocurrencies from Coinbase to Trust Wallet:
1. Copy the cryptocurrency address to Trust Wallet
To begin with, open Trust Wallet on your mobile device and go to your wallet.
On your wallet, you will see a list of cryptocurrencies.
This includes “Bitcoin”, “Ethereum”, “BNB” and “Smart Chain”.
In this step, you need to switch to the cryptocurrency you want to receive.
If you want to send other cryptocurrencies, you need to add it manually from the “Manage” page.
To do this, tap on the Settings icon > search for the cryptocurrency you want to receive/paste its address > tap the switch to enable it.
Once enabled, the cryptocurrency will appear on your wallet.
For example, if you want to send Ethereum from Coinbase to Trust Wallet, tap on “Ethereum”.
Once you’ve navigated to the cryptocurrency you want to send from Coinbase to Trust Wallet, you need to copy its address.
For example, if you have tapped on “Ethereum”, you will land on your Ethereum wallet.
On your wallet, you’ll see four icons including “Send,” “Receive,” “Copy,” and “More.”
Tap “Copy” to copy the address of your cryptocurrency (e.g. Ethereum).
This will copy the cryptocurrency address from Trust Wallet to your clipboard.
You need to paste this address on Coinbase later.
2. Select the cryptocurrency on Coinbase you want to send
Now open the Coinbase app on your mobile device.
If you haven’t downloaded the Coinbase app yet, you need to do so from the App Store or Google Play Store.
Alternatively, you can use Coinbase on your desktop.
However, the user interface will be slightly different.
Once you are on the Coinbase app, log in to your account.
On Coinbase, you’ll need to navigate to the submit page.
To do this, tap on the “reverse” icon in the bottom navigation bar.
After tapping on the “Invert” icon in the bottom navigation bar, a navigation menu will open.
In the navigation menu, you will see several options.
This includes “Buy”, “Sell”, “Convert”, “Send” and “Receive”.
Since you are looking to send a cryptocurrency (e.g. Ethereum) to Trust Wallet, tap on the “Send” option.
After tapping on the “Send” option, you will land on the “Select Resource” page.
On the “Select Asset” page, you’ll see a list of cryptocurrencies you own.
Tap the cryptocurrency you want to send to Trust Wallet.
For example, if you’re looking to send Ethereum, tap “Ethereum”.”
If you don’t see the cryptocurrency you want to send on the page, it means you haven’t bought it yet.
In that case, you need to buy it on Coinbase before you can send it to Trust Wallet.
3. Send the cryptocurrency by pasting its address from Trust Wallet
After selecting the cryptocurrency you want to send via the “Select Asset” page, you will land on the “Enter Amount” page.
On the “Enter Amount” page, you will see the amount of cryptocurrency you own in fiat currency.
This is the maximum amount of cryptocurrency you can send.
On the numeric keypad, type the amount of cryptocurrency (e.g. Ethereum) you want to send to Trust Wallet.
For example, if you want to send Ethereum ‘$8’, tap “8” on the numeric keypad.
Then, tap on “Continue” to proceed to the next step.
After tapping “Continue”, you will land on the “Select Recipient” page.
You may need to tap “Not Now” before you can reach this page.
On the “Select Recipient” page, you will see a couple of fields including “To” and “Note”.
First, paste the address of your cryptocurrency from Trust Wallet into the “To” field.
You should have copied this address the first step.
Make sure you have copied the correct address from Trust Wallet.
Otherwise, your funds may be lost.
For example, if you want to send Ethereum to Trust Wallet, make sure that the address you pasted is your Ethereum address from Trust Wallet.
After that, you can add an optional note in the “Note” field.
Then, tap on “Preview Submit” to proceed to the confirmation page.
After tapping on “Preview Send”, you will land on the “You are sending” page.
On the page, you will see how many cryptocurrencies (e.g. Ethereum) you are sending to Trust Wallet.
It also shows the Coinbase commission and the Network commission.
The transaction comes with a network fee, so the total amount of cryptocurrencies (e.g. Ethereum) you’re sending may be higher than what you entered earlier.
Finally, tap on “Send Now” to send your cryptocurrency from Coinbase to Trust Wallet.
The transaction will usually be completed in 30-60 minutes.
Once the transaction is complete, you will be able to see the amount of cryptocurrencies you have received on Trust Wallet.
Conclusion
Transferring cryptocurrencies from one wallet to another is usually a quick and easy process.
However, the transaction may be delayed due to network congestion.
Whenever you send cryptocurrencies to another wallet, make sure you have pasted the right wallet address.
Otherwise, your funds may be lost.
