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Author Topic: Private key  (Read 325 times)
Ant13
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January 23, 2017, 01:37:54 PM
 #1

I have just bought a bitcoin on coinbase, how do I get my private key?
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mocacinno
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January 23, 2017, 01:39:22 PM
 #2

I have just bought a bitcoin on coinbase, how do I get my private key?

you don't, at least not from coinbase...

I'd suggest you download a decent desktop wallet, generate an address in this wallet and then withdraw your coins from coinbase to your local wallet.
This way, you have controll over your own private keys, since you'll manage them with your desktop wallet. Do make sure you make a decent backup of your local wallet, since you'll be the one responsible for it Wink

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January 23, 2017, 01:40:09 PM
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I have just bought a bitcoin on coinbase, how do I get my private key?
You can't get your privatekey in coinbase. Voinbase is an exchange which they are the ones who controls your wallet. Perhaps you must be talking about the bitcoin address? The one that starts with 1xxxxxx? If yes, you'll get it by clicking the receive button.





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January 23, 2017, 04:11:12 PM
 #4

Regardless of you being able to extract your private key off Coinbase, it wouldn't be safe to use the address afterwards.
In this case, Coinbase would also know your private key and they would be able to spend the funds just like you.

As other people suggested, don't use an online wallet if you are concerned about the control of your funds.

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