how to add beneficiary to coinbase
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How to Add Beneficiary to Coinbase
Coinbase is a platform that allows users to store, send, and receive cryptocurrency. One of the most important things to know about using this platform is how to add a beneficiary to your account. This means creating a new address that you can use to send your cryptocurrency to another person. In this article, we will walk you through the process of adding a beneficiary to your Coinbase account.
To add a beneficiary to your account, you will need to go to the Accounts section of the website. Here, you will see a list of your existing addresses and the corresponding accounts. Locate the address you want to add a beneficiary to and click on the "Add Beneficiary" button.
Once you have clicked on the button, you will be prompted to enter the name of the beneficiary and any other relevant information. You can also choose to include the beneficiary in your address book and set up notifications for them.
After you have entered all the necessary information, you will be asked to enter the amount of cryptocurrency you want to send to the beneficiary. You can choose to include a fee for your transaction.
Once you have entered all the necessary information and set up your notifications, you can proceed with the transaction. You will need to enter the address of the beneficiary and the amount of cryptocurrency you want to send. Once you have entered all the necessary information, you can proceed with the transaction.
After the transaction is completed, you will be shown a message confirming that the transaction has been processed. You will also be able to see the amount of cryptocurrency you have received in your new beneficiary address.
To add a beneficiary to your account, you will need to know the name of the person you want to send your cryptocurrency to. You can also include the person in your address book and set up notifications for them. Once you have entered all the necessary information, you can proceed with the transaction. After the transaction is completed, you will be shown a message confirming that the transaction has been processed. You will also be able to see the amount of cryptocurrency you have received in your new beneficiary address.
This article has covered the process of adding a beneficiary to your Coinbase account. We have covered the steps you need to take to create a new address, enter the necessary information, and proceed with the transaction. The article is now complete, and you can use the new address to send your cryptocurrency to the person you want to send it to.