How do I move from Coinbase to MyCrypto? [Exchange/Hosted Wallet -> MyCrypto]
So you want to hold your own funds? Are you sure?
Please understand the difference between an exchange and MyCrypto.
MyCrypto is not a "web wallet". You do not create an account or give us your ETH or tokens to hold onto. We are simply an interface that allows you to easily interact with the Ethereum blockchain. In order to ensure your security & privacy, no sensitive data is ever saved, stored, or transmitted when you use MyCrypto.
That's right: we only have access to the information that is publicly available on the blockchain.
Now, that can be a good thing and a very, very bad thing.
It means that you are ultimately responsible for your safety & security.
We also highly recommend that you read our guide on How to Prevent Loss & Theft and take steps to be proactive about your security.
Next, head over to our Getting Started Guide and make a new wallet and back it up.
When it shows up, you now have your funds. If you want to send them, simply unlock your wallet on MyCrypto.
If you do not back up your private key, you cannot access your ETH and we cannot recover them. Please make sure to have backups of your private key.
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MyCrypto is an open-source tool that allows you to manage your Ethereum accounts privately and securely. Developed by and for the community since 2015, we’re focused on building awesome products that put the power in people’s hands.
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