How to Send Crypto from Bybit to Coinbase

Sending cryptocurrency from Bybit to Coinbase is a straightforward process, but it’s important to follow each step carefully to ensure that your funds are transferred securely. Here’s a detailed guide to help you transfer your crypto smoothly.

Step 1: Log In to Your Bybit Account

First, open the Bybit app or website and log in using your credentials. Make sure to enable two-factor authentication (2FA) for extra security.

Step 2: Navigate to the Withdrawal Section

Once you’re logged in, go to the "Assets" section, usually located at the bottom of the app or dashboard. From there, click on "Withdraw." Choose the type of cryptocurrency you want to transfer. If you’re sending Bitcoin (BTC), Ethereum (ETH), or other popular coins, select the corresponding wallet.

Step 3: Get Your Coinbase Wallet Address

Now, open your Coinbase account. Under the "Assets" tab, select the cryptocurrency you wish to receive from Bybit. Click on "Receive," and Coinbase will generate a wallet address. This is the address where you will send your funds. Copy this address carefully, as any mistakes could result in the loss of your crypto.

Step 4: Input the Coinbase Wallet Address in Bybit

Return to Bybit and paste the Coinbase wallet address in the designated field. Double-check the address to ensure there are no errors. Sending funds to the wrong address is irreversible, so it’s crucial that you confirm this step carefully.

Step 5: Select Network Fees and Confirm

Depending on the cryptocurrency and network you are using (for instance, Bitcoin, Ethereum, or USDT), Bybit will display applicable network fees. You can select a fee level depending on how fast you want the transaction to process. Higher fees usually result in faster transactions. Once you have selected the fee, confirm the withdrawal by entering any security verification required, such as 2FA codes.

Step 6: Wait for Confirmation

After confirming the withdrawal, Bybit will process your request. Transactions typically take a few minutes, though this can vary depending on network congestion. You will be able to track the status in your Bybit account under the withdrawal history section. Most transactions will require multiple confirmations on the blockchain before appearing in your Coinbase wallet.

Step 7: Verify Funds in Coinbase

Once the transaction is completed on the blockchain, the funds will appear in your Coinbase wallet. You can now use or trade the cryptocurrency as desired. Be sure to check the transaction history in both Bybit and Coinbase to ensure everything is in order.

Additional Tips for Safe Transfers:

• Always check the wallet address twice. If possible, use QR codes to minimize human error.
• Make sure to select the correct network type (e.g., ERC-20 for Ethereum) when transferring certain cryptocurrencies.
• Monitor network fees. During periods of high congestion, fees can spike. It might be wise to wait for a less busy time if you aren’t in a rush.

Example Transfer:

Step	Action
1. Log in	Log in to Bybit and Coinbase
2. Withdraw Funds	Go to Bybit's "Withdraw" section
3. Wallet Address	Copy Coinbase’s wallet address
4. Enter Address	Paste it in Bybit and confirm withdrawal
5. Fees	Choose the network fee and wait
6. Confirmation	Wait for blockchain confirmations
7. Done	Check your Coinbase wallet for the funds

Security Reminder: Always make sure your 2FA is enabled on both exchanges for extra protection against unauthorized access.