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Can I transfer Bitcoin directly from Stellarterm to Coinbase without using a wallet?

avatarNegi RïñpaeDec 16, 2021 · 3 years ago3 answers

Is it possible to transfer Bitcoin directly from Stellarterm to Coinbase without the need for a wallet?

Can I transfer Bitcoin directly from Stellarterm to Coinbase without using a wallet?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    No, it is not possible to transfer Bitcoin directly from Stellarterm to Coinbase without using a wallet. When you transfer Bitcoin, you need a wallet to store and manage your funds. Stellarterm and Coinbase are both cryptocurrency exchanges, and they do not provide wallet services. You will need to have a Bitcoin wallet address from a trusted wallet provider, and then you can transfer your Bitcoin from Stellarterm to your wallet. Once your Bitcoin is in your wallet, you can then send it to your Coinbase account if you wish to trade or sell it on Coinbase.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, you cannot transfer Bitcoin directly from Stellarterm to Coinbase without a wallet. It is essential to have a wallet to store your Bitcoin securely. You can choose from various types of wallets, such as hardware wallets, software wallets, or online wallets. Once you have a wallet, you can transfer your Bitcoin from Stellarterm to your wallet and then send it to Coinbase if you want to trade or sell it on the platform.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that you cannot transfer Bitcoin directly from Stellarterm to Coinbase without using a wallet. It is crucial to have a wallet to ensure the security of your funds. When you transfer Bitcoin, you need a wallet address to receive and store the coins. Therefore, you will need to have a wallet and generate a Bitcoin wallet address before transferring your Bitcoin from Stellarterm to Coinbase.