How To Transfer Crypto From Coinbase Australia To BTCC

Coinbase Australia customers who transfer their crypto assets to BTCC must follow these steps. 

Why You Should Send Crypto From Coinbase to BTCC 

BTCC is a well-established platform known for its strong futures trading. It recently introduced additional functions, including copy trading and promotional events where new users receive USDT rewards for completing specific tasks.

One of BTCC's main advantages over Coinbase is its futures market and the advanced charting and tools that come with it. BTCC offers an impressive 302 futures markets, including support for approximately 297 USDT-M perpetual futures markets and five COIN-M markets. 

These are some of the reasons why BTCC is a suitable alternative to Coinbase. For more information about its features, read our BTCC review.

How To Send Crypto From Coinbase to BTCC in Four Steps 

1. Create a BTCC account and complete KYC  

When opening an account with BTCC, new customers must have a unique and valid email address and a strong password.

All new customers must verify their identity before depositing digital or fiat currencies. BTCC must do this to comply with local regulatory requirements. 

Users can use a mobile device to take a photo of their passport or driver's license and upload it. BTCC will verify the ID within minutes. Users must complete facial recognition if they plan to deposit more than $2,000.

The BTCC KYC process.

2. Obtain the BTCC wallet address

To start the transfer, log into BTCC and click “Deposit” at the top right corner of the interface. Next, select crypto as the asset to deposit. 

Choose the cryptocurrency that will be transferred from Coinbase. In this example, we are transferring Bitcoin. 

Once the cryptocurrency and blockchain network have been selected, BTCC will supply the necessary wallet address for the transaction. This address needs to be entered into the Coinbase send function.

It's important to remember that the wallet address is created based on the chosen cryptocurrency and blockchain network. If the user selects an incompatible network, the cryptocurrency will be lost and cannot be retrieved.

Copy the BTCC wallet address.

3. Paste the wallet address into Coinbase 

Log into the Coinbase Australia account and select “Deposit” under the main dashboard. It will present fiat and digital currencies, so select crypto. Ext, find the crypto to transfer to BTCC.

If a withdrawal hasn’t been made, the user must set it up as a new destination wallet. 

Enter the transfer details.

4. Confirm the withdrawal

Clicking “Preview Send” will open a summary of the withdrawal, including details like the destination wallet address, the blockchain network to be used, an approximate time to send Bitcoin, and estimated network fees. 

Clicking “Send Now” will initiate the crypto transfer to BTCC, which will show it as a new crypto deposit. 

Top BTCC Features

BTCC is a great crypto exchange for various reasons.

• It's one of the most established and trusted crypto exchanges. Since 2011, it has provided robust cryptocurrency trading services where it has garnered trust in the global community. It's 2.8 million customers have peace of mind given the exchange has had no security breaches.
• A highly active copy-trading marketplace where traders can copy the moves made by more experienced folk.
• A demo trading account stocked with $100,000 of virtual funds.
• Attractive 0.1% maker and taker fees, the same as Binance.
• Exquisite TradingView charting where traders have access to 302 futures markets, with support for around 297 USDT-M perpetual futures markets and five COIN-M markets.