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How to send a Cryptocurrency from an online Crypto Exchange

Sending from a Crypto Exchange

But for the purposes of this video, we are going to assume that your crypto exchange account is not blocked and you can send your Cryptocurrency anywhere you want to.

To begin with, I am going to assume you have some crypto in an online exchange. It does not matter if you are using a Windows based system or Mac.

If you have your cryptocurrency in a local wallet (a wallet on your computer) rather than on an online exchange, we have another article you. It shows how to transfer Crypto from a local wallet. See this link to see that article.

There are many online exchanges, and you can send Crypto from any of them – at least you should be able to. There are some exchanges that block sending from your account for a variety of reasons.

For you to have your Crypto on one of these exchanges you had to open an account with them.

Some of the more popular exchanges are:

Binance
Coinbase
CoinBene
DigiFinex
Huobi
LBank
OKEx
ZB.COM

We are going to use Coinbase as an example.  If you do not have a Coinbase account, just click sign-up with Coinbase should you wish to create one.

When you log into your account, you will see that various types of Cryptocurrency you hold there. You will need to select the type of Cryptocurrency you want to send.  Simply click on the Accounts tab in the menu. In your Accounts page you will see the available balances in your account.

When you click ‘Send’ on the type you want to send, a window will open where you will need enter an address to send it to.

This is very much like the email address you would need if you were sending an email to someone.

Best Practice

When you are sending crypto, it is best to copy and paste the address into your wallet, not type it. For the purposes of this video, we are going to assume you are sending Crypto to us for our IMM Crypto-Liquidation Program.

An address will be provided from our system which you will need to copy and paste into the ‘Send: Address field in your wallet. You would indicate the amount you want to send in the ‘Amount’ field. You can indicate the amount in Cryptocurrency or in your fiat currency equivalent in some cases.

If you like, you can add a note in the ‘Description:’ field as a personal reference for the transaction. Then click ‘Continue’.

2FA

The wallet may prompt you to input the password of your wallet or if you are using 2 Factor-Authentication, perhaps better known as 2FA, you will need to enter this to confirm the request.

Enter your password or your 2FA code as the case may be.

If you set up your account with 2FA which is highly recommended, but are not sure how to use it or even what it is, click here to see our tutorial which will show you what it is and how to use it.

Now the transmission will be in process.  It can take some time for the transaction to complete from the Crypto Exchange as there needs to be a number of confirmations of the transmission before the send can be considered successful.

Its like using your debit or credit card and waiting for an authorization from your bank – this takes longer than a credit card purchase usually does, but it’s the same principle.

And that is really all there is to sending from an online Crypto Exchange / Wallet to another wallet/exchange.

This process is the same for practically any other online wallet/exchange.

– That said, if you have challenges in sending the crypto for your transaction, feel free to send us a note to our contact page.  When you send us a message, please do send screenshots if possible as they really do help.

If you need help with other part of the process in our IMM Crypto-Liquidation Program, be sure to check-out our other video walkthroughs, or send us a note.

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