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Lol, all this discussion and I just didn't put my Electrum send address in the address bar? I thought the TO box was for email addresses and mobile numbers? I'm sorry???   But I want to thank all the repliers for there time and knowledge. |
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Why don't you contact their support and ask them about what happens during this kind of situation?
R. Coinbase support just sends you links that don't help. The won't answer your question directly?
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@sumguy2017
Any chance you can show us some screenshots of how you are trying to make that withdrawal?
R. Can't do screenshots here?
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Custodial wallets like coinbase usually charge a high withdrawal fee. But it shouldn't be that high. Seems that something is wrong here?
R. Here's a copy of the message I am sending BTC too: I tried submitting the btc through coinbase again and it came out right this time? However it did change the number you gave as a total 0.00315010BTC to 0.0015010btc which equals $100.00 United States Dollars. I guess that's Coinbase's way of saying it a different way?
At any rate, when I tried to send it nothing happens? I click continue and nothing? Coinbase lists under the send button. 1. To mobile, email, or address. 2. A note box for optional message. 3. Pay with BTC. Which I checked off on the list.
Then when I click "continue" nothing happens? What am I doing wrong or am I missing a step?
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Should I just transfer to my Electrum account what I have left of my original purchased $443.00 Coinbase btc which is now worth $352.19, a difference of $90.81.
I recommend you to do so. In this way, you pay their high withdrawal fee only one time and for your next transactions, you will have for full control over your fund. Using a non-custodial wallet like electrum, you can customize the fee and pay much lower.
R. I tried sending the whole amount of BTC to my Electrum account, but like above, it seems I am missing a step in sending my BTC?
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When I try to send my btc or remaining $352.64 to my Electrum wallet and click continue it doesn't do anything? What am I doing wrong?
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Yesterday I tried to send some of my BTC ($115) to a company. When I tried to paste the amount of BTC the company wanted (0.00365131) into the Coinbase send box it changed the 0.00365131 btc to 0.0065131btc which is a $94.23 difference?
I don't understand why the amount would change to 0.0065131btc? I can only assume that's what they want to charge for sending btc to the company? I mean $94.23 for sending $115.36 is a little or a lot ridiculous? I must be doing something wrong............. am I?
If so, there's no sense in sending BTC? I might as well send via MG or WU?
Should I just transfer to my Electrum account what I have left of my original purchased $443.00 Coinbase btc which is now worth $352.19, a difference of $90.81. With a fading/falling BTC market to continue according to coinbase charts?
Or leave it there in Coinbase hoping btc will come back up in the near future? I would think it would be better if I transferred my remaining btc to my Electrum account at least I would have control of it. IDK if Coinbase will charge me the same high fee ($94.23) to transfer it to my Electrum account? This sucks?
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Everyone is suggesting that you withdraw your Coinbase balance to Electrum first and then make a second transaction made up of two (I assume) inputs from Electrum to the company you need to pay to.
Let's consider another route. What are you paying for? Would that company allow you to pay with multiple transactions or does it have to be one transaction in the amount of $533? This is something you have to ask them.
You have to withdraw your money from Coinbase either way. You might as well send it to that company's address instead of sending it to yourself if that is possible. After that, you can make a second transaction by sending the remaining amount from your Electrum wallet (whatever is needed). You will save a little bit on fees that way because you won't be increasing the size of your Electrum transaction if you withdraw from Coinbase to your Electrum wallet first. Did you understand?
Let's say Coinbase charges you $20 equivalent in bitcoin for their withdrawal. You will have to pay this no matter where you send it. If you send that to your Electrum wallet, you now have to use that amount as 1 input + 1 input (those $110.56 you have in your Electrum wallet) to create an output to send to the company. If you send the Coinbase amount to the company directly, the second transaction (from your Electrum wallet) will be lighter and thus require less fees when sending.
R. Thank you for your answer. |
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Will BTC go up or down in the near future, can't predict that or ?
The BTC Coinbase graph shows it steadily going down in value?
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But that would only work if the receiver allows him sending two different transactions. If not, I agree that the best option is to move everything from Coinbase to Electrum and then send whatever he needs from Electrum. .................... R. I asked him just now and waiting for an answer?
R. He doesn't care as long as he gets the correct amount?
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Quote from: khaled0111 on June 19, 2021, 10:19:52 PM: I never recommended that he should move his Electrum coins to his Coinbase account and send the total sum from there. I suggested that he send everything from his Coinbase wallet to the company he is paying. Whatever else he owns should come from his Electrum wallet..............R. R. I agree with this.
But that would only work if the receiver allows him sending two different transactions. If not, I agree that the best option is to move everything from Coinbase to Electrum and then send whatever he needs from Electrum. .................... R. I asked him just now and waiting for an answer?
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I initially had $443.25 in my Coinbase account. Today I checked to send and now my BTC balance is: $354.03. A $80 difference?
Why doesn't it stay at what I spent $443.25?
That's the fluctuating price of BTC? That's a big chunk of change for me?
Anyway to change that back to what I actually paid?
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Thank you all for your input, appreciate it. I only do 3-4 transaction per year, if that? So I'm kind of new to it all, the terminology, etc.
But the thing I'm not to sure of is sending my Coinbase BTC to my Electrum account. Coinbase says Send/Receive. I'm both sending and receiving. I would think I'm sending to my Electrum account. But I don't want to assume anything? Seems like/is a dumb question, lol? But I'm sending to my Electrum account correct? Rather be dumb here then lose $400+ BTC?
Or I could send directly to the companies BTC address I'm purchasing from?
My next question is I don't see a place to put the companies BTC address too? Just Mobile, email or address? A place for a optional message and pay with BTC.
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I want to send $533 to a company. I have $443.25 in my Coinbase account. And $110.56 balance in my Electrum account. Total of $553.81.
I believe the BTC transfer fee is around $20.00. How do I determine how much the transfer fees are from both Electrum and Coinbase to calculate or determine I'm sending the guy the correct amount of $533.00?
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Alternatively, I signed up with Changelly. But they ask you to enter your ETH address. I have an Electrum address, can I use my Electrum address or no?
Avoid Changelly because often, what you get is much less than that appears on the site (there are always hidden fees) The price of Bitcoin may rise so I suggest that you transfer using Coinbase it is true that they ask for high fees, but the fluctuation of 3% is normal in Bitcoin and profits may be made due to the fact that the price of Bitcoin is now cheap and may increase in the coming days. When you gain enough experience, you can try alternatives. R. Okay thanks, Hugeblack |
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R. Live in Florida, but decided not to use Binance,us. Thanks goinmerry |
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R. The one near doesn't work according to a online reviewer 20 minutes ago?
You could always take a ride there and see for yourself if you've got the time to spare (and assuming it isn't too far away from where you live). However I'm pretty sure any BTCATM is going to charge you more than 3.99% to buy bitcoin--some of them I know charge way more than that. But if you need bitcoin quick, ATMs are a convenient way to go. Goinmerry listed the states that Binance doesn't service, so if you live in one of those you're out of luck--and you're probably out of luck with other exchanges as well. I'm in one of the restricted states and I wasn't able to use Ledger's partner (their name escapes me at the moment) to buy bitcoin using my debit card. I don't know why it's so difficult to do so, especially since BTCATMs exist, but apparently it is. Good luck. R. If a ATM charges more than 3.99% I might as well buy from Coinbase? Thanks Pharmacist |
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can I use my Electrum address or no?
R. Does Electrum Support Ethereum?
No, Electrum only supports Bitcoin, and they have not announced an intention to support any other altcoins at this time.
Apparently not?
Actually, you already answered your question Electrum doesn't support any altcoin it is only for BTC. Are you looking for a wallet that supports both BTC and ETH? You can check Mycelium wallet or Coinomi wallet they support both BTC and ETH. R. I have about $100+ in my Electrum account and I would prefer to use that to help pay for a $533.00 purchase. Thanks |
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Did you make sure you are using Binance.us and not Binance.com? Binance needs your number because they will send you your one-time verification code there. Anyway, if you have a payment option other than a debit card, say, PayPal, you might want to do the buying here. Please check the Currency exchange board. There are 1:1 ($1 of fiat: $1 of BTC) offers there. That way, you could avoid buying BTC with high premium from exchanges. Please use escrow. R. I dropped the thought of using Binance.us because their rates are about the same as Coinbase. I do have a PayPal account. IDK they sold BTC? I'm not familiar with a lot of these terms discussing BTC and other coins too confusing? Can you recommend a escrow service? I've never used one? I want to buy about $400 worth of BTC to send to my electrum account. Thanks for the advice. |
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can I use my Electrum address or no?
R. Does Electrum Support Ethereum?
No, Electrum only supports Bitcoin, and they have not announced an intention to support any other altcoins at this time.
Apparently not?
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