Cryptocurrency Q&A What network does Coinbase send from?

What network does Coinbase send from?

HanRiverVisionary HanRiverVisionary Mon Sep 09 2024 | 6 answers 1018
Excuse me, could you please clarify which network Coinbase utilizes for sending transactions? I'm curious to know if they primarily rely on the Bitcoin network, Ethereum network, or perhaps they have a more diverse approach that encompasses multiple blockchain networks. Understanding the underlying network infrastructure is crucial for assessing transaction speeds, fees, and overall security of the transactions processed through Coinbase. Thank you for your time. What network does Coinbase send from?

6 answers

DigitalDukedom DigitalDukedom Wed Sep 11 2024
Coinbase Wallet boasts an extensive range of network compatibility, catering to the diverse needs of cryptocurrency enthusiasts.

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Eleonora Eleonora Wed Sep 11 2024
Among the supported networks are Ethereum, a pioneer in smart contract functionality, and Polygon, a layer-2 scaling solution that enhances Ethereum's performance.

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KatanaGlory KatanaGlory Tue Sep 10 2024
Bitcoin, the flagship cryptocurrency, is naturally included, alongside popular altcoins like Dogecoin and Litecoin, demonstrating Coinbase Wallet's commitment to accessibility.

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alexander_watson_astronaut alexander_watson_astronaut Tue Sep 10 2024
Stellar Lumens and XRP, known for their fast transaction speeds and low fees, are also supported, appealing to users seeking efficiency.

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KpopHarmony KpopHarmony Tue Sep 10 2024
Solana, a high-performance blockchain designed for scalability, is another addition to Coinbase Wallet's lineup, showcasing its focus on emerging technologies.

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