Friday 28 April 2023

An easy step-by-step guide to change Coinbase password

 Coinbase is a well-known American company that operates a crypto exchange platform in the crypto market. It was initially founded in 2012 by two men:Change Coinbase Password Bren Armstrong and Fred Ehrsam. Coinbase offers a wide range of crypto-based services such as cryptocurrency trading, Investing, and custodial accounts for institutional investors. It supports over 200 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc.



In our further content, we will cover steps to change Coinbase password in both cases whether you have access to your old password or not.

Steps to change Coinbase password:

We have mentioned below a step-by-step guide that will help you to change Coinbase password. 

  1. First of all, open the Coinbase website on your preferred browser and log in to your Coinbase account by using your email address and account password.
  2. After logging into your Coinbase account, you have to click on your account profile icon and go to your account dashboard.
  3. Click on the “Setting” option in the “Manage your Profile” section to access the Coinbase setting page. 
  4. Now you have to click on the “Security” tab on the Setting page of your Coinbase account.
  5. Once you clicked on “Security”, you will get an option to change your password under the password section on your screen.
  6. Click on the “Change Password” option.
  7. Now you have to enter your current password in the “Old Password” section. Then create a new strong and unique password concerning password requirements and enter it in the “New Password section” and then again enter your newly created password in the “Confirm new password” section.
  8. After filling all three sections of “Old password”, “New password” and “Confirm new password”. You have to enter the 2-step verification code that will be sent to your registered phone number with your Coinbase account.
  9. In the last step, you have to click on the “Confirm” option to change your Coinbase password.

Steps to reset your Coinbase password:

We have mentioned below a step-by-step guide that will help you to change Coinbase password if you forget your current password. 

  • First of all, open the Coinbase website on your preferred browser and visit the Coinbase Password Reset page.
  • Now, on the password reset page, you have to enter your email address in the given email field. Make sure that the email you entered is registered with your Coinbase account and then click on the “Reset Password” option.
  • Now open your email and look for the password reset link from Coinbase via mail in your inbox section.
  • Click on the received Coinbase password reset link in your email inbox.
  • Once you clicked on the given reset link, you will be redirected to the new page where you will be able to change Coinbase password or reset the password for your account login.
  • Now you have to create a new strong and unique password concerning the password requirements of Coinbase and enter it in the “Choose A Password” field and then again enter your created password in the “Confirm Password” field.
  • In the last step, Click on “Update Password”.

Conclusion:

In our above content, we have covered some topics such as an introduction to Coinbase and steps to change Coinbase password in both cases whether you have access to your old password or not. There are various reasons due to which users decide to change their Coinbase password such as a weak password, forgetting the password, and more. The process of changing and resetting the password is quick, easy, and simple. It also helps you to secure your account.

Wednesday 12 April 2023

How to transfer funds between Coinbase wallet and Coinbase?

 If you are using Coinbase exchange alongside Coinbase wallet, then transferring funds between the two platforms is not a hurdle. However, there are some pre-conditions for initiating the transfers and you must know about them if you are planning to carry out any such task. Before you initiate the process, please understand that these transfers do not take place instantly which means you have to be patient once you complete the process.



Meanwhile, if you are sending funds, make sure that you do not send the complete amount that is available in your account. This is because you have to keep some funds in reserve in order to pay for the gas fees. For example, if you are planning to send ERC-20 tokens from your Coinbase wallet, having some ETH in reserve is a must.

In case you do not wish to carry out the process manually, then you can also link your Coinbase account and the wallet together. So, if you have understood all these aspects carefully, then you can start applying the steps given below to initiate funds transfers.

Linking Coinbase wallet and Coinbase accounts 

The procedure to link the two is pretty easy if you know what you are supposed to do. To achieve the same, you can follow the guidelines given below:

  1. Begin the procedure by opening the Coinbase wallet and signing into it
  2. Once you are in, select the "Settings" icon present at the bottom of the screen
  3. Now, find and select the "Connect to Coinbase" option
  4. Complete the remaining prompts to verify the connectivity
  5. When asked, sign in to your Coinbase account

Please note: Only the available balance in your Coinbase account would be eligible for transfer. In case you have some funds in the "On Hold" category, you would not be allowed to transfer them.

With that being said, let us now shift our focus toward learning how to initiate the fund transfer from a Coinbase wallet to a Coinbase exchange account.

Steps to transfer funds from the wallet to the coinbase.com account 

Whether you are using Coinbase wallet on your mobile device or using it through its desktop extension, the steps that you need to follow will remain almost similar. Here is what you are supposed to do:

  1. Open the Coinbase wallet app or the extension on your device
  2. Now, sign into your wallet account if you have not already done that
  3. Look for the "Send" option and select it
  4. After that, type the amount that you wish to transfer
  5. Then, choose one of the supported coins that you wish to send and choose "Next"
  6. Followed by this, enter the address to which you wish to send
  7. And then, select the "Coinbase" option
  8. Initiate the transfer by following some easy on-screen prompts

If you have enabled 2FA, you will be asked for the verification code to complete the transfer. So, be ready for that. 

Conclusion:

As you can see, the transfer of funds from Coinbase wallet to Coinbase is a pretty easy process. If you follow the given procedure carefully, you will be able to complete the process without any hassle. Meanwhile, if you are facing any kind of trouble while doing so, get in touch with the Coinbase customer service team.