{"id":567366,"date":"2025-12-16T12:36:28","date_gmt":"2025-12-16T12:36:28","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=567366"},"modified":"2026-03-19T11:59:00","modified_gmt":"2026-03-19T11:59:00","slug":"how-to-send-and-receive-cryptocurrency","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/cryptocurrency\/how-to-send-and-receive-cryptocurrency","title":{"rendered":"How to send and receive cryptocurrency"},"content":{"rendered":"<div id=\"ukfcyfixeddisclaimer\" class=\"visible no-margin-top\" data-template=\"masthead-two-columns\">\n<div id=\"ukfcyfixeddisclaimerbody\" class=\"text-center fin-text-white\" data-nosnippet><strong>Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <u id=\"ukfcydscmdl\" onclick=\"ukfcyshowmodal();\">Take 2 mins to learn more<\/u>.<\/strong><\/div>\n<\/div>\n<style>\n@media (max-width: 767px) { .fixeddisclaimerbody { letter-spacing: -0.4px; } }\n@media (min-width: 1350px) { #page, #side-nav-container { padding-top: 24px !important; } .gn svg.w-\\[16px\\].h-\\[9px\\] { margin-top: 24px !important; } }\n@media (max-width: 1349px) and (min-width: 701px) { #page, #side-nav-container { padding-top: 48px !important; } .gn svg.w-\\[16px\\].h-\\[9px\\] { margin-top: 48px !important; } }\n@media (max-width: 700px) and (min-width: 481px) { #page, #side-nav-container { padding-top: 68px !important; } }\n@media (max-width: 480px) and (min-width: 381px) { #page, #side-nav-container { padding-top: 86px !important; } }\n@media (max-width: 380px) { #page, #side-nav-container { padding-top: 102px !important; } }\n#ukfcyfixeddisclaimer { top: 0; left: 0; position: fixed; right: 0; width: 100%; z-index: 40001; text-align: center; }\n#ukfcyfixeddisclaimerbody { line-height: 1.2; background-color: #6c7881; overflow: hidden; letter-spacing: -0.2px; padding: 4px 3px 5px 3px; }\n#ukfcymodal { z-index: 40002; }\n#ukfcymodalclosereal { z-index: 40003; position: fixed; left: 0; right: 0; top: 0; bottom: 0; }\n#modal-content { z-index: 40004; }\n.gn .nav-slideout--active { top: auto !important; }\n.gn .fixed { position: static !important; }\n#ukfcydscmdl { cursor: pointer; }\n<\/style>\n\n\n<div class=\"docsModal\">\n<section class=\"luna-modal\" aria-hidden=\"false\" role=\"dialog\" id=\"ukfcymodal\" aria-labelledby=\"modal-heading\" aria-describedby=\"modal-content\" tabindex=\"-1\">\n<div class=\"luna-modal__content\">\n<button id=\"ukfcymodalclose\" class=\"luna-modal__close\" type=\"button\" aria-label=\"Close modal\">\n<svg class=\"luna-icon\" aria-hidden=\"true\"><use xlink:href=\"#close\"><\/use><\/svg>\n<\/button>\n<div id=\"ukfcymodalclosereal\"><\/div>\n<div class=\"luna-modal__body\" id=\"modal-content\">\n<div class=\"luna-modal__wrapper\">\n\n<p><strong>Estimated reading time: 2 min<\/strong><\/p>\n\n<p>Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.<\/p>\n\n<h4 id=\"modal-heading\">What are the key risks?<\/h4>\n\n<p>1. You could lose all the money you invest<\/p>\n\n<ul> \n<li>The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.<\/li>\n<li>The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.<\/li>\n<\/ul>\n\n<p>2. You should not expect to be protected if something goes wrong<\/p>\n\n<ul>\n<li>The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a 'specified investment' under the UK regulatory regime \u2013 in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS <a href=\"https:\/\/www.fscs.org.uk\/check\/investmentprotection-checker\">investment protection checker<\/a>.<\/li>\n<li>The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection <a href=\"https:\/\/www.financialombudsman.org.uk\/consumers\">here<\/a>.<\/li>\n<\/ul>\n\n<p>3. You may not be able to sell your investment when you want to<\/p>\n\n<ul>\n<li>There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.<\/li>\n<li>Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.<\/li>\n<\/ul>\n\n<p>4. Cryptoasset investments can be complex<\/p>\n\n<ul>\n<li>Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.<\/li>\n<li>You should do your own research before investing. If something sounds too good to be true, it probably is.<\/li>\n<\/ul>\n\n<p>5. Don't put all your eggs in one basket<\/p>\n\n<ul>\n<li>Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.<\/li>\n<li>A good rule of thumb is not to invest more than 10% of your money in high-risk investments.<\/li>\n<\/ul>\n\n<p>If you are interested in learning more about how to protect yourself, visit the FCA's website <a href=\"https:\/\/www.fca.org.uk\/investsmart\">here<\/a>.<\/p>\n\n<p>For further information about cryptoassets, visit the FCA's website <a href=\"https:\/\/www.fca.org.uk\/investsmart\/crypto-basics\">here<\/a>.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n\n\n<script>\nfunction ukfcyshowmodal() {\nvar infomodal = document.getElementById(\"ukfcymodal\");\ninfomodal.classList.add('is-visible');\ninfomodal.setAttribute(\"aria-hidden\", \"false\");\ndocument.getElementById(\"ukfcymodalclosereal\").addEventListener('click',function()\n{\nvar infomodal = 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{ #threadpeople { width: 640px; max-width: 90%; } #threadpeople::after { content: ''; display: block; padding-bottom: 65%; } .threadperson { width: 56%; } }\n@media (max-width: 600px) {\n.ukfin_sponsored_article_body .ukfin_sponsor .u-grid__col { text-align: center; }\n.ukfin_sponsored_article_step .ukfin_sponsored_article_next_step_arrow { bottom: -30px; width: 90px; }\n}\n<\/style>\n\n<div class=\"u-bg--background-secondary\">\n<div class=\"ukfin_sponsored_article_body has-padding-top-xsmall has-padding-bottom-small text-center\">\n<p class=\"text-xx-small no-margin-bottom\">Paid for by:<\/p>\n<a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22image%22%3A%22https%253A%252F%252Fcdn.finder.com.au%252Ffinder-us%252Fwp-uploads%252Fsites%252F3%252F2022%252F12%252FCoinbase-logo.png%22%2C%22title%22%3A%22Go%2Bto%2Bsite%22%2C%22site%22%3A%22GXFCY%22%2C%22style%22%3A%22width%253A%2B100px%253B%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%2C%22partial%22%3A%7B%22id%22%3A563013%2C%22name%22%3A%22ukfin_sponsored_article%22%2C%22country%22%3A%22uk%22%7D%7D\"><img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png\" style=\"width: 100px;\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png?fit=300 300w\" sizes=\"(max-width: 300px) 100vw, 300px\" loading=\"lazy\"><\/a>\n<\/div>\n<\/div><div class=\"ukfin_sponsored_article_body has-padding-top-large has-padding-bottom-large\"><p><img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg\" alt=\"Person using Coinbase app\" width=\"700\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=1200 1200w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/using_coinbase_app.jpg?fit=2100 2100w\" sizes=\"(max-width: 2100px) 100vw, 2100px\" loading=\"lazy\"><\/p><p>Cryptocurrency has transformed how people move money and value globally \u2013 because it\u2019s fast, secure, and often without intermediaries. <\/p><p>Whether you\u2019re paying a friend, transferring to your own wallet, or receiving funds for work, understanding how to send and receive crypto safely is crucial.<\/p><\/div><div class=\"u-bg--background-secondary\"><div class=\"ukfin_sponsored_article_body has-padding-top-large sponsorpanel\"><article class=\"ukfin_sponsor luna-card luna-card--shadow no-margin-bottom\"><div class=\"luna-card__block has-padding-top-xsmall\"><div class=\"u-grid u-grid--gutterSmall u-grid--alignMiddle\"><div class=\"u-grid__col u-1\/4@s u-grid__col--orderLast@s text-center no-padding-bottom\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22site%22%3A%22GXFCY%22%2C%22image%22%3A%22https%253A%252F%252Fcdn.finder.com.au%252Ffinder-us%252Fwp-uploads%252Fsites%252F3%252F2025%252F10%252Fcoinbase_brandbox.png%22%2C%22class%22%3A%22has-padding-top-xsmall%2Bhas-padding-bottom-xsmall%22%2C%22style%22%3A%22width%253A%2B180px%253B%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\"><img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png\" alt=\"Coinbase app and logo\" class=\"has-padding-top-xsmall has-padding-bottom-xsmall\" style=\"width: 180px;\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=540 540w\" sizes=\"(max-width: 540px) 100vw, 540px\" loading=\"lazy\"><\/a><\/div><div class=\"u-grid__col u-3\/4@s no-padding-bottom\"><p>Start building your crypto portfolio with confidence on Coinbase. <strong>Join over 100 million customers<\/strong> from around the world to buy, sell or trade more than 240+ cryptoassets today.<\/p><div style=\"display:inline-block;\" class=\"text-center\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Get%2Bstarted%22%2C%22class%22%3A%22luna-button%2Bluna-button--brand%2Bluna-button--solid%2Bhas-margin-bottom-xxsmall%22%2C%22site%22%3A%22GXFCY%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\" class=\"luna-button luna-button--brand luna-button--solid has-margin-bottom-xxsmall\">Get started<\/a><br>Capital at risk.<\/div><\/div><\/div><\/div><\/article><\/div><\/div><div class=\"ukfin_sponsored_article_body has-padding-top-large has-padding-bottom-large\"><h3>Why would you want to send or receive cryptocurrency?<\/h3><p>There are plenty of reasons to move crypto from one wallet to another, it\u2019s not all about trading. Here are some of the most common ones:<\/p><ul><li><strong>Peer-to-peer (P2P) payments.<\/strong> Quickly send money to friends or family across borders, often faster and cheaper than traditional bank transfers.<\/li><li><strong>Manage your assets.<\/strong> It\u2019s extremely common to send crypto to your own accounts, which means moving your cryptoassets between exchanges or wallets.<\/li><li><strong>Security and control.<\/strong> Some users prefer to store crypto in a private wallet they control, rather than on an exchange, but you need to send it there first.<\/li><li><strong>Pay for goods or services.<\/strong> An increasing number of freelancers, creators, and businesses now accept crypto as a form of payment.<\/li><\/ul><p class=\"has-padding-large has-padding-top-medium has-padding-bottom-medium u-color--blue-500 text-center text-xxx-large u-italic u-leading--snug no-margin-bottom\">\u201cNo matter your reason, sending and receiving crypto properly ensures you keep total control of your assets and avoid costly mistakes.\u201d<\/p><h3>How to send or receive cryptocurrency with Coinbase<\/h3><p>The process for sending or receiving cryptocurrencies should be similar on most platforms and it can be fairly straightforward. <\/p><p>To give you an example, we\u2019re going to explain how you can do it on the Coinbase app in just a few simple steps:<\/p><h4>How to send crypto in 6 steps<\/h4><style>\n.ukfintimeline { max-width: 600px; }\n.ukfintimeline article { position: relative; margin-bottom: 10px; transition: box-shadow 0.15s ease; background-color: white; }\n.ukfintimeline > article:last-child { margin-bottom: 0px !important; }\n.ukfintimeline article:hover { box-shadow: 0 1px 7px rgba(0, 0, 0, .6); }\n.ukfintimeline article .luna-card__block { display: flex; }\n.ukfinordinal { font-size: 18px; position: relative; color: white; font-style: italic; text-align: center; width: 28px; height: 28px; display: inline-block; z-index: 4; }\n.ukfinordinal::before { content: ''; position: absolute; top: 0; left: 1px; background-color: #1d53ff; border-radius: 50%; z-index: -1; width: 28px; height: 28px; }\n.ukfintimeline article:not(:last-child) .luna-card__block::after { height: 100%; left: 34px; top: 34px; content: ''; position: absolute; border-left: 3px solid #abbfff; z-index: 2; width: 100%; box-sizing: border-box; }\n.ukfintimeline p.step { padding-bottom: 8px; }\n.ukfintimeline .timelinespeed { padding: 2px 10px; display: flex; align-items: center; position: absolute; right: 7px; bottom: 8px; }\n.ukfintimeline .timelinespeed svg { margin-top: -1px; }\n.ukfintimeline .timelinedesc { padding: 6px 0px 14px 10px; }\n<\/style>\n\n\n\n\n<div class=\"ukfintimeline u-bg--blue-100 has-padding-xsmall has-margin-bottom\">\n\n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">1<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Log in to Coinbase. \ud83d\udc64<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Head into your Coinbase account via the app or desktop platform.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">2<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Choose your asset. \u2705<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Navigate to your crypto portfolio and select the asset you want to send.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">3<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Select transfer and send. \ud83d\udcf2<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Tap or click \u201cTransfer\u201d, then \u201cSend crypto\u201d.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">4<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Enter the details. \ud83d\udcdd<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Put in the recipient\u2019s wallet address carefully, this is the most crucial step.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">5<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Select your amount to send. \u2709\ufe0f<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Choose the amount you want to send and double-check the network.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">6<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Review and confirm. \ud83c\udf89<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Check all the details and confirm the transaction.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n<\/div><h4>How to to receive crypto in 6 steps<\/h4><style>\n.ukfintimeline { max-width: 600px; }\n.ukfintimeline article { position: relative; margin-bottom: 10px; transition: box-shadow 0.15s ease; background-color: white; }\n.ukfintimeline > article:last-child { margin-bottom: 0px !important; }\n.ukfintimeline article:hover { box-shadow: 0 1px 7px rgba(0, 0, 0, .6); }\n.ukfintimeline article .luna-card__block { display: flex; }\n.ukfinordinal { font-size: 18px; position: relative; color: white; font-style: italic; text-align: center; width: 28px; height: 28px; display: inline-block; z-index: 4; }\n.ukfinordinal::before { content: ''; position: absolute; top: 0; left: 1px; background-color: #1d53ff; border-radius: 50%; z-index: -1; width: 28px; height: 28px; }\n.ukfintimeline article:not(:last-child) .luna-card__block::after { height: 100%; left: 34px; top: 34px; content: ''; position: absolute; border-left: 3px solid #abbfff; z-index: 2; width: 100%; box-sizing: border-box; }\n.ukfintimeline p.step { padding-bottom: 8px; }\n.ukfintimeline .timelinespeed { padding: 2px 10px; display: flex; align-items: center; position: absolute; right: 7px; bottom: 8px; }\n.ukfintimeline .timelinespeed svg { margin-top: -1px; }\n.ukfintimeline .timelinedesc { padding: 6px 0px 14px 10px; }\n<\/style>\n\n\n\n\n<div class=\"ukfintimeline u-bg--blue-100 has-padding-xsmall has-margin-bottom\">\n\n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">1<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Look at your portfolio. \ud83d\uddc2\ufe0f<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Go to your Coinbase wallet and hit \u201cTransfer\u201d or select the cryptocurrency you wish to receive first and then tap or click \u201cReceive crypto\u201d.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">2<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Pick your crypto. \u2728<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Select the asset you want to receive (Bitcoin or Ethereum, for example).<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">3<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Choose the network. \ud83d\udc4d<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Select the network to receive on, Coinbase shows an estimated transaction time next to each (if you\u2019re unsure, Coinbase has a \u201clearn more\u201d link).<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">4<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Generate an address. \ud83d\udccd<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Coinbase will then generate your wallet address (and QR code).<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">5<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Share the address. \ud83d\udcac<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Copy the address and share it with the sender.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n    <article class=\"luna-card--lightshadow u-rounded--md\">\n    <div class=\"luna-card__block\">\n      <div><span class=\"ukfinordinal\">6<\/span><\/div>\n      <div class=\"timelinedesc\">\n        <p class=\"u-leading--snug u-font--bold no-margin-bottom step\">Wait for the transfer to complete. \u2705<\/p>\n\n                  <p class=\"u-leading--snug u-color--gray-500 no-margin-bottom text-small\">Coinbase will notify you once the crypto has arrived.<\/p>\n        \n              <\/div>\n    <\/div>\n  <\/article>\n  \n\n<\/div><\/div><div class=\"u-bg--background-secondary\"><div class=\"ukfin_sponsored_article_body has-padding-top-large sponsorpanel\"><article class=\"ukfin_sponsor luna-card luna-card--shadow no-margin-bottom\"><div class=\"luna-card__block has-padding-top-xsmall\"><div class=\"u-grid u-grid--gutterSmall u-grid--alignMiddle\"><div class=\"u-grid__col u-1\/4@s u-grid__col--orderLast@s text-center no-padding-bottom\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22site%22%3A%22GXFCY%22%2C%22image%22%3A%22https%253A%252F%252Fcdn.finder.com.au%252Ffinder-us%252Fwp-uploads%252Fsites%252F3%252F2025%252F10%252Fcoinbase_brandbox.png%22%2C%22class%22%3A%22has-padding-top-xsmall%2Bhas-padding-bottom-xsmall%22%2C%22style%22%3A%22width%253A%2B180px%253B%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\"><img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png\" alt=\"Coinbase app and logo\" class=\"has-padding-top-xsmall has-padding-bottom-xsmall\" style=\"width: 180px;\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/coinbase_brandbox.png?fit=540 540w\" sizes=\"(max-width: 540px) 100vw, 540px\" loading=\"lazy\"><\/a><\/div><div class=\"u-grid__col u-3\/4@s no-padding-bottom\"><p>Start building your crypto portfolio with confidence on Coinbase. <strong>Join over 100 million customers<\/strong> from around the world to buy, sell or trade more than 240+ cryptoassets today.<\/p><div style=\"display:inline-block;\" class=\"text-center\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Get%2Bstarted%22%2C%22class%22%3A%22luna-button%2Bluna-button--brand%2Bluna-button--solid%2Bhas-margin-bottom-xxsmall%22%2C%22site%22%3A%22GXFCY%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\" class=\"luna-button luna-button--brand luna-button--solid has-margin-bottom-xxsmall\">Get started<\/a><br>Capital at risk.<\/div><\/div><\/div><\/div><\/article><\/div><\/div><div class=\"ukfin_sponsored_article_body has-padding-top-large has-padding-bottom-large\"><h3>Top tips for sending crypto<\/h3><p>Here are some useful tips to help make these transactions work as smoothly as possible:<\/p><ul><li><strong>Double-check every address.<\/strong> Crypto transactions are irreversible. Even one wrong character in an address could result in losing funds. So, always double, or even triple check the address.<\/li><li><strong>Verify the network.<\/strong> Some assets exist on multiple blockchains, but always ensure the sender and receiver use the same network.<\/li><li><strong>Start small.<\/strong> When sending to a new address or exchange, or if you\u2019re sending a substantial amount of crypto, send a small test amount first.<\/li><li><strong>Keep your app updated.<\/strong> Coinbase (and other platforms) regularly release updates that help improve speed, security, and reliability for transfers.<\/li><li><strong>Use two-factor authentication (2FA).<\/strong> Add an extra layer of security to confirm your transactions.<\/li><\/ul><h3>What to look out for and mistakes to avoid<\/h3><p>Even experienced crypto users can slip up. Here\u2019s what to watch for:<\/p><ul><li><strong>Copy-paste errors or malware.<\/strong> Although the copy and paste function can help avoid human error, always check and verify a copied wallet address with your human eyes.<\/li><li><strong>Wrong network or token type.<\/strong> This is more common than you might think, for example, sending USDT on Ethereum needs to be to a wallet that operates on the same blockchain network.<\/li><li><strong>Ignoring transaction fees.<\/strong> Network congestion can increase fees. Coinbase displays fees upfront before sending, you should always check these first.<\/li><li><strong>Falling for scams.<\/strong> Never send crypto to unknown wallet addresses or \u201cguaranteed return\u201d offers. Trustworthy platforms like Coinbase will never ask you to send crypto to verify your account.<\/li><li><strong>No backup of private keys.<\/strong> If you\u2019re using a wallet, store your recovery phrase safely offline, it\u2019s your only way to regain access.<\/li><\/ul><p><img decoding=\"async\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png\" alt=\"GoHenry cards on furry background\" width=\"700\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=1200 1200w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/10\/crypto_wallet_app.png?fit=2100 2100w\" sizes=\"(max-width: 2100px) 100vw, 2100px\" loading=\"lazy\"><\/p><h3>Why use Coinbase?<\/h3><p>Here\u2019s why millions of users across the world choose Coinbase:<\/p><ul><li><strong>World class security.<\/strong> Coinbase stores the majority of customer funds offline in cold storage and advanced encryption to protect every transaction.<\/li><li><strong>UK footprint.<\/strong> Coinbase is registered with, and supervised by the UK Financial Conduct Authority (FCA) for its cryptoasset business.<\/li><li><strong>Easy to use.<\/strong> The intuitive interface makes sending or receiving crypto as straightforward as transferring money between bank accounts (but keep in mind, crypto as an asset class is complex).<\/li><li><strong>Wide range of cryptos.<\/strong> Send and receive over 240+ cryptocurrencies, including big hitters like Bitcoin and Ethereum, alongside your favourite smaller tokens.<\/li><li><strong>All-in-one app.<\/strong> Coinbase is committed to creating more economic freedom through accessible, safe, and secure financial tools for everyone.<\/li><li><strong>24\/7 support.<\/strong> Access reliable customer service through the Coinbase app or website.<\/li><\/ul><p class=\"has-padding-large has-padding-top-medium has-padding-bottom-medium u-color--blue-500 text-center text-xxx-large u-italic u-leading--snug no-margin-bottom\">\u201cWhen it comes to sending and receiving cryptocurrency, Coinbase UK offers the perfect balance of simplicity, security, and reliability \u2013 making it ideal for both beginners and experienced investors.\u201d<\/p><p>You can check out <a href=\"https:\/\/www.finder.com\/uk\/cryptocurrency\/exchanges\/coinbase-exchange-review\">our full Coinbase review<\/a> to find out more details and discover why it\u2019s one of the most trusted\u00b9 cryptocurrency exchanges available to UK crypto enthusiasts.<\/p><\/div><div class=\"u-bg--background-secondary\"><div class=\"ukfin_sponsored_article_body has-padding-top-large sponsorpanel\"><article class=\"ukfin_sponsor luna-card luna-card--shadow no-margin-bottom\"><div class=\"luna-card__block\"><div class=\"u-grid u-grid--alignMiddle\"><div class=\"u-grid__col u-1\/4@s u-grid__col--orderLast@s text-center no-padding-bottom\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22site%22%3A%22GXFCY%22%2C%22image%22%3A%22https%253A%252F%252Fcdn.finder.com.au%252Ffinder-us%252Fwp-uploads%252Fsites%252F3%252F2022%252F12%252FCoinbase-logo.png%22%2C%22style%22%3A%22width%253A%2B180px%253B%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\"><img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png\" alt=\"Coinbase logo\" style=\"width: 180px;\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/12\/Coinbase-logo.png?fit=540 540w\" sizes=\"(max-width: 540px) 100vw, 540px\" loading=\"lazy\"><\/a><\/div><div class=\"u-grid__col u-3\/4@s no-padding-bottom\"><div class=\"has-padding-top-small has-padding-bottom-small\"><p><strong class=\"text-xx-large u-italic\">Coinbase: Your crypto gateway<\/strong><\/p><p>Begin your crypto journey with Coinbase\u2019s straightforward platform and enjoy access to essential cryptocurrency features. When you\u2019re ready to go further, you can explore Coinbase Advanced to access lower fees and more sophisticated trading tools.<\/p><div style=\"display:inline-block;\" class=\"text-center\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/gx\/cryptocurrency\/coinbase-uk-secure.html?nb=1&amp;src_country=uk&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Join%2Btoday%22%2C%22class%22%3A%22luna-button%2Bluna-button--brand%2Bluna-button--solid%2Bhas-margin-bottom-xxsmall%22%2C%22site%22%3A%22GXFCY%22%2C%22offer_id%22%3A%2217163%22%2C%22niche_code%22%3A%22GXFCY%22%2C%22product_id%22%3A%224e5d1d07-20eb-4ce4-9979-8ac011b31cac%22%2C%22product_name%22%3A%22Coinbase%22%2C%22provider_id%22%3A%22af88b507-6960-4cbd-b552-f8f6d85bc49e%22%2C%22provider_name%22%3A%22Coinbase%22%2C%22post_id%22%3A%22567366%22%2C%22post_path%22%3A%22cryptocurrency%252Fhow-to-send-and-receive-cryptocurrency%22%2C%22post_country%22%3A%22uk%22%7D\" class=\"luna-button luna-button--brand luna-button--solid has-margin-bottom-xxsmall\">Join today<\/a><br>Capital at risk.<\/div><\/div><\/div><\/div><\/div><\/article><\/div><\/div><div class=\"ukfin_sponsored_article_body has-padding-top-large has-padding-bottom-large text-small\"><p><strong>Don\u2019t invest unless you\u2019re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href=\"https:\/\/www.coinbase.com\/en-gb\/legal\/eea\/risk-statement\" target=\"_blank\" rel=\"noopener\">Take 2 mins to learn more<\/a>.<\/strong><\/p><\/div><div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3>\n<div id=\"lazy0000000000\"><\/div>\n<script type=\"application\/json\" id=\"lazyloaded-assets-json-lazy0000000000\" class=\"lazyloaded-assets-json\">{\"critical-scripts\":[],\"scripts\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.de087a0da9824e407767.js\"],\"styles\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.87684078d471e76125dd.css\"]}<\/script><\/div><article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block has-padding-small\"><p class=\"has-margin-bottom-xsmall\">*Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.<\/p><p>Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.<\/p><\/div><\/article>","protected":false},"excerpt":{"rendered":"<p>In this guide we\u2019ll explain all the details to help you send and receive crypto like a pro, and avoid some common 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