Can I send crypto from CoinSpot to MetaMask?
Yes, it's a easy process containing just two simple steps. Before you start, first thing you will need to do is determine which token you wish to transfer to your MetaMask wallet from your CoinSpot account. It is important to note that you can only send Ethereum to an Ethereum wallet address and the same goes for Bitcoin or any other cryptocurrency.
When sending your tokens from one wallet to another, you must always ensure that you check the wallet addresses are correct and are being sent via the correct network. For example, ETH addresses all begin with '0x' and all BTC addresses are alphanumeric.
How to send coins from CoinSpot to MetaMask
In the below example we show Australian investors how to send Ethereum (ETH) from CoinSpot to a MetaMask wallet. Follow the below steps to get started.
- Go to the 'Wallets' tab on CoinSpot, find 'Ethereum' and click 'Open ETH Wallet'.
- Click the 'Send' tab, enter the amount, receiving ETH wallet address and 2FA code.
- Confirm your withdrawal via the confirmation email.
- Your Ethereum will reflect in your MetaMask wallet within minutes.
Can I cancel sending tokens from CoinSpot?
If you have accidentally filled in the wrong details don't worry, CoinSpot will allow you to cancel your transaction as long as it's in the 'Processing' stage. To check if your transaction is processing, simply go back to the wallet you sent in from on CoinSpot and press 'Transactions', there it will say what stage your transaction is in.
If for whatever reason you are unable to manually cancel the transaction yourself, you can contact CoinSpot directly for further assistance. The support team can be reached via email (email@example.com), phone request, live chat and ticketing system.
Is it safe to send coins from CoinSpot to MetaMask?
Yes, CoinSpot is the most secure and trusted cryptocurrency investing platform in Australia. It is the only exchange to be awarded the ISO 27001 standard security certification, making it the only high-security exchange in Australia.
However, having your funds on MetaMask is much riskier than having it on CoinSpot as it interacts with DEX's and other decentralised applications that could have bugs or are at risk of being hacked. Additionally, MetaMask has no support team so if your funds have been lost, they are unlikely to be recovered.