Does Coinbase accept any supported ERC20 tokens at any ERC20 address? Tl;dr version: Can I send any ERC20 tokens (provided those tokens are supported by Coinbase) to any ERC20 address associated with my Coinbase account interchangeably, or will there be a problem if I send e.g. ETH to a Tether address, or USDC to a SHIB address, etc.
What assets are supported on Coinbase Wallet? Wallet supports all ERC-20 tokens (including USDC and DAI), BTC, BCH, LTC, XRP, XLM, and DOGE. To see all the supported ERC-20 tokens you can send and receive on Coinbase Wallet: Open the mobile app and tap Receive . Use the search bar to find a specific asset.
Can I receive ERC20 tokens on my address hosted on Coinbase
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First, they hold the private key of your account. If you needed to later send the tokens out of that account, the only way to do that would be to ask them kindly to do it for you. The second reason is, as far as I know, they do not provide an interface to deal with tokens.
The ERC20 protocol does not allow Coinbase to reject unsupported ERC20 deposits, and other exchanges or wallets are not able to determine if we support a specific cryptocurrency. As a reminder, please remember to verify that you are sending to the correct Ethereum address when depositing ERC20 cryptocurrencies.
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Adding ERC20 Support to Coinbase. We’re excited to announce .
Ethereum Blockchain ERC20 Tokens To be Supported by Coinbase One of the leading crypto-exchange platforms with HQ in the US – Coinbase has declared that it is planning to create a supportive infrastructure for the ERC20 tokens which are based on Ethereum’s blockchain sometime in the next months.
What ERC20 support means for our products. Coinbase Custody — the Custody team is evaluating a set of assets to support for deposits and withdrawals. Note: Custody will likely support more assets than those available to trade on GDAX or Coinbase for the foreseeable future. GDAX — the GDAX team will wait for additional regulatory clarity before we decide which ERC20 assets to support on GDAX. Support for ERC20 will also give us a path to enabling the safe recovery of customer ERC20 assets .
Does Coinbase accept any supported ERC20 tokens at any ERC20 .
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Sending ERC20 tokens to your Coinbase ETH wallet may result in a loss of funds. On the other hand, Coinbase does support some ERC20 tokens but these are listed as separate wallets on your account. Why isn’t it compatible? The main reason in my opinion as to why the Coinbase Ethereum wallet doesn’t accept ERC20 deposits is because of regulation.
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Coinbase, the largest crypto trading platform in the u.s., doesn’t support songbird yet. Weeks prior, coinbase added erc20 token support to its dapp. Source: mana.trapezile.com. Coinbase pro launches support for six new altcoins, triggering massive price movements.
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