Transfer from Coinbase to Binance
If you want to transfer from Coinbase to Binance, you need to have crypto assets in your Coinbase account. You need to copy the Binance wallet address for the cryptocurrency you want to receive. Then, head to the “Send” part of your Coinbase account. Paste the wallet address in the correct place.
Transfer from Binance to Coinbase
To transfer from Binance to Coinbase, you will first need to open both your Coinbase and Binance accounts. Go to your Coinbase dashboard and select ‘Send/Receive’. Here, select the coin you want to withdraw (the same coin you chose on Coinbase) and paste the Coinbase address into the Address section.
Transferring without Fees
What you need to do is log into your Coinbase account, click on Bitcoin, and find the “Receive” option. The platform will generate a wallet address. Copy this address and paste it on Binance under “Funds” > “Withdraw Bitcoins”.
Why Choose Coinbase Pro Over Coinbase?
Coinbase Pro will lower your costs significantly, with an average of 0.50% fee per transaction (or less). If you are an active trader, Coinbase Pro offers some of the lowest fee trades on the market.
Coinbase vs. Coinbase Pro: Fees
| Account Fees | Rates |
|---|---|
| Coinbase USD Wallet | 1.49% |
| Credit/Debit Card Buy | 3.99% |
| Others | Varying |
Switching to Coinbase Pro
If you want to move from a buy-and-hold investment strategy to a higher-volume trading strategy, it is worthwhile to transfer from Coinbase to Coinbase Pro. Coinbase Pro only allows bank account, wire transfer, or Wallet transactions. It does not accept credit card or debit card purchases.