Coinbase bitcoin to ethereum

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Solution: Use a personal Monero wallet for receiving mining payouts. Then from wallet send it to your exchange account. Exchanges often go through periodic maintenance to scale up their systems. It can be a regular system maintenance or a major server upgrade. During temporary system maintenance exchanges will often suspend both deposits and withdrawals.

If your mining payout is being sent while the exchange is undergoing system maintenance then those coins will be lost. Solution: Use a multi-currency wallets like Trust wallet , Jaxx , Coinomi or Exodus for temporarily receiving mining payouts. This is until the exchange comes back online and allows deposits again. There are few exchanges which will generate a unique deposit address each time when you make a deposit.

You can still use the same old address. But just make sure the exchange is accepting multiple deposits to the same address. Also there are certain circumstances. For example when the exchange updates its deposit processing system they will provide you with a new deposit address. Your old address might have expired and it could be no longer in use. Solution: If you are mining directly to exchange then check your deposit address once in a while to ensure you are mining to the correct address.

This is a rare scenario. The exchange where you are mining to can get hacked and all your coins will be lost forever. Basically you can mine directly to exchange account deposit address. It works the same as your wallet address and there is no technical factor stopping you from doing this. However this is generally a bad security practice. It is best if you use your own wallet address for mining purpose. There are many popular multi-currency wallets which you can make use of. You can hodl the coins in your wallet.

This is again similar to the points discussed above. Sure, there are no issues in mining directly to your coinbase wallet address. However it is not recommended. But because it is unreliable. At times due to heavy trading activities coinbase server goes offline and during such time your mining payouts may get lost. Coinbase takes no responsibility on a lost transfer.

It can become a hassle. Anyways with that said, many users have been mining directly to coinbase and other exchanges for years without any problems. Before mining to exchange just be wary of the above discussed points. Your email address will not be published. Notify me of follow-up comments by email. Sending cryptocurrency mining payouts to exchange deposit address.

Its up to you whether you wish to keep the coins in your wallet or transfer them to exchange. Show More. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips. Coinbase will then send an SMS text message with a 7-digit code to your mobile phone. This code is used to verify your phone number. The next step is to verify your identity.

Select an ID type. Choose an upload method: Webcam or Mobile Camera. If you have a webcam, select Webcam. Note: Sometimes, due to the glare from the computer screen, this method may fail. If it fails, you can retake the photo.

If it fails consistently, you will need to upload your Photo ID using your mobile phone see below. Select the Mobile Phone option. A link will be sent to your mobile phone. Click the link that was sent to your mobile phone, and upload the photos to that address the photos you just took. This is usually the easiest way to upload the photos. Repeat this step when requested to submit other forms of ID.

For example, if they ask for a utility bill electric bill, gas bill, etc. The utility bill photo should include your name, address, and at least some identifying information about the utility company their name and logo on the bill, etc. Note: You need to verify your identity as explained in the previous step before you can add a payment method. Select your payment method. You can choose to buy digital currency using a bank account, debit card, or credit card.

Bank account: If you use a bank account, it may take 4 to 5 days, and possibly even longer, to verify your account. However, once it has been verified, a bank account will allow you a higher buying limit, meaning you can buy more cryptocurrencies than with a credit or debit card.

If you want to buy a cryptocurrency right away, you can add a bank account, and then while waiting for the bank account to be verified you can use a debit or credit card for your initial purchase.

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Exchanges often go through periodic maintenance to scale up their systems. It can be a regular system maintenance or a major server upgrade. During temporary system maintenance exchanges will often suspend both deposits and withdrawals. If your mining payout is being sent while the exchange is undergoing system maintenance then those coins will be lost.

Solution: Use a multi-currency wallets like Trust wallet , Jaxx , Coinomi or Exodus for temporarily receiving mining payouts. This is until the exchange comes back online and allows deposits again. There are few exchanges which will generate a unique deposit address each time when you make a deposit.

You can still use the same old address. But just make sure the exchange is accepting multiple deposits to the same address. Also there are certain circumstances. For example when the exchange updates its deposit processing system they will provide you with a new deposit address.

Your old address might have expired and it could be no longer in use. Solution: If you are mining directly to exchange then check your deposit address once in a while to ensure you are mining to the correct address. This is a rare scenario. The exchange where you are mining to can get hacked and all your coins will be lost forever. Basically you can mine directly to exchange account deposit address.

It works the same as your wallet address and there is no technical factor stopping you from doing this. However this is generally a bad security practice. It is best if you use your own wallet address for mining purpose. There are many popular multi-currency wallets which you can make use of. You can hodl the coins in your wallet. This is again similar to the points discussed above. Sure, there are no issues in mining directly to your coinbase wallet address.

However it is not recommended. But because it is unreliable. At times due to heavy trading activities coinbase server goes offline and during such time your mining payouts may get lost. Coinbase takes no responsibility on a lost transfer. It can become a hassle.

Anyways with that said, many users have been mining directly to coinbase and other exchanges for years without any problems. Before mining to exchange just be wary of the above discussed points. Your email address will not be published. Notify me of follow-up comments by email. Sending cryptocurrency mining payouts to exchange deposit address. Its up to you whether you wish to keep the coins in your wallet or transfer them to exchange. Show More. We regularly publish content about Bitcoin, Ethereum, Altcoins, wallet guides, mining tutorials and trading tips.

Subscribe to our weekly mailing list and get latest crypto news, resources and guides to your email! Enter your Email address. If you have a webcam, select Webcam. Note: Sometimes, due to the glare from the computer screen, this method may fail. If it fails, you can retake the photo. If it fails consistently, you will need to upload your Photo ID using your mobile phone see below.

Select the Mobile Phone option. A link will be sent to your mobile phone. Click the link that was sent to your mobile phone, and upload the photos to that address the photos you just took. This is usually the easiest way to upload the photos. Repeat this step when requested to submit other forms of ID.

For example, if they ask for a utility bill electric bill, gas bill, etc. The utility bill photo should include your name, address, and at least some identifying information about the utility company their name and logo on the bill, etc. Note: You need to verify your identity as explained in the previous step before you can add a payment method. Select your payment method. You can choose to buy digital currency using a bank account, debit card, or credit card. Bank account: If you use a bank account, it may take 4 to 5 days, and possibly even longer, to verify your account.

However, once it has been verified, a bank account will allow you a higher buying limit, meaning you can buy more cryptocurrencies than with a credit or debit card. If you want to buy a cryptocurrency right away, you can add a bank account, and then while waiting for the bank account to be verified you can use a debit or credit card for your initial purchase.

Debit or Credit Card: If you want to buy digital currencies immediately, you can use a debit or credit card. But if you only want to invest a small amount of money, adding a bank account is not necessary. The next step is to buy cryptocurrency in your Coinbase account. Wallets are where your cryptocurrencies are stored.

Your wallets are listed in the left column and any completed transactions will be listed in the right column.