A hardware wallet is the need of every crypto user, but it is not that easy to find a perfect wallet that fits the criteria. Every day you might come across an announcement notifying you about the launch of some crypto wallet exchange or application. The selection procedure is becoming tougher day by day.coinbase app and the beginners who have just stepped into this industry have no idea about which direction they should move into. This is the dilemma of every user and as your guide, we cannot put you through it. 

Therefore, to help you all, we came up with an idea, in this blog, we will help you explore one of the popular platforms called Coinbase App. If you have even a little bit of knowledge about the crypto industry, then you must already know the difference between a wallet and a crypto exchange. 

What is Coinbase Application?

This is a crypto software wallet, that allows people to store their digital assets in the wallet. Since it is a non-custodial wallet you have the full right to use your stored assets in any way you want to. It also comes with several features, that you can the opportunity of using. The said features include buying, selling, sending, and staking of crypto assets. However, you will have to pay for the network fees as well. Additionally, we have to remind you that the network fee charged on this platform could be higher than the average market rate. But if the matter is of the funds security then a little high rate should not matter to you that much. So, we will seriously advise you to use the Coinbase App to keep your assets locked in protection. 

Sending of Funds to other users

Once, you have an account on this crypto wallet, you will want to try out all the features available on it. Though, we cannot help you with exploring all the features through this blog. But what we can do is tell you about the steps you might have to follow if you need to send some of your funds to another crypto trader. So, take a look at the procedure we have explained below:

• Open the Coinbase App.
• Now, enter your login credentials to get access to your wallet account.
• After this, you will have to press the Send button.
• On the page opened, enter the Recipient’s wallet address. 

• Your transaction is under processing now, wait for the stipulated time for the transaction to fully complete.

  Closing Statement!

  We are finally at the end of the blog, we hope that this made you understand the procedure to follow if you want to transfer assets through it. Further, you should only use this Coinbase App if you are ready to pay high network against the asset security. 

• Now, select the type of crypto assets that you would like to send.
• Also, decide the amount of transfer as well.
• Review all the transaction details and make the appropriate changes if you find any errors. 
• Next, press the continue button.
• The screen will now show you the transaction summary with the charged network fees for it.
• Accept them and move further towards the processing.