To generate a new address , one should follow these steps as follows:
Go to settings . There is a gearwheel , you need to click it . Then click payment options , Under the addresses , find the new receiver . You need to enter a new description for your new bitcoin address and just click the add . Don’t forget that you can send your BTC from this wallet and you can instantly use it despite being not an account . So , you can’t withdraw BTC from this wallet . So you need to use the section how to generate a new account on Coinbase .
Contents
Obtaining address
To get your bitcoin address , you need to click the QR code on the right-top corner . Your BTC address will be seen as a long written combination of numbers and letters . In order to share it with others and copy it to your board , you need to click on the QR code . When the screen shows you the QR code , click the Copy . Now you can paste this address to the places who accepts the BTC addresses and you can share it with messages and it allows others to send payments to you , or you can use it to send money to your friends and your family through Coinbase . In order to send money , you can click the Send button located on the right-top corner , this directs you to the screen of your wallet .
Veritification
You need to verify your account if you haven’t done yet . In order to do that , enter your e-mail address and password and click sign in . If you don’t have any account on Coinbase , just click New Account and follow the steps indicated on the screen . After signing in(if you are connected to Coinbase) , choose a payment option by clicking the listed payment options . Afterwards , please enter the amount of BTC to send either USD or BTC . Lastly , choose one of the payment options to pay this BTC amount . You can add notes if you wish . When you are ready to send your BTC , click Send . And it is all done .
Withdrawing BTC
There are several steps to withdraw your btc . Go to settings , and click payment options , then find BTC under the withdraw . Choose a time for your withdraw process under Withdraw screen and enter your BCH address . Later , the website will ask the password for your BCH wallet . Click continue when you enter your password . Afterwards , they will ask you to enter the BTC amount . When you enter the BTC amount click next . Then they demand you to enter a pin code in order to accept your withdrawn process , and enter it . After completing the steps , you need to click Send button , and the money will be sent to your registered bank account
Not a wallet, but stock market
One cannot use coinbase as a wallet . This is a bitcoin stock market , it serves you as a storage service just as it is in the banks . All the actions are under the influence of laws , so one should abide by the policies . However , you can send USD to your friend with your own coinbase USD wallet , then they can deposit the money on their coinbase wallets .
Conclusion
Generating a new address on coinbase is simple . You just need to follow the steps and make your transactions faster . To verify your address is very crucial , so you need to get the pin code right . Coinbase cannot be used as a wallet , but you can trade USD and BTC easily .
