We’ve all heard that storing your bitcoin on an exchange is risky. Exchanges have been hacked, exchange founders have died or disappeared and the keys to the funds have been lost, and authorities have even seized assets. If you want to protect your bitcoin, you need to hold it yourself.
If you’re ready to upgrade to Casa’s multisig protection and have set up your Casa multisig wallet, you’re ready to send the funds from your Coinbase account to Casa App. This process is essentially the same as you would follow to send funds anywhere else from your Coinbase account.
This procedure may change from time to time, so if any of the below is outdated, please be sure to check Coinbase’s own support page here:
The images displayed in the instructions below are taken from coinbase.com.
1. Sign into Coinbase
Once you enter your email address, password, and sign-in 2FA code (and confirm your device by email if necessary), you’ll be taken to your Dashboard.
2. Click the “Send / Receive” button at the top right
3. Get your receive address from Casa App
Sign into Casa App on your mobile device. Make sure you have your multisig wallet selected at the top, then click the down arrow to show your existing balance.
Click the big “Receive” button at the bottom. Click the “Copy” button to copy your receive address.
4. Enter the amount you want to send, and enter your receive address from Casa App in Coinbase
Use the small button with the up and down arrows to change to enter the amount in BTC, then enter the amount of your BTC balance (shown at the bottom) to send all your BTC.
You’ll need to use an app that you can access on both your mobile device and your computer, like Signal, Wire, or Telegram. Send the copied Casa App deposit address to yourself from your mobile phone, then copy it on your computer, then paste the address into Coinbase.
Click the “Continue” button at the bottom and review the details.
If everything looks correct, click “Send now.” You might need to enter your 2FA code again.
Your funds will now be on their way to multisig protection in Casa App!
See how easy that was? Sign up for a free trial of our Gold Membership with a 2-of-3 Basic Multisig wallet today!