Cryptocurrency Q&A
Can Coinbase receive from arbitrum?
Can Coinbase receive from arbitrum?
Sebastiano
Mon Sep 16 2024
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6 answers
1388
Can you please clarify if Coinbase, as a popular cryptocurrency exchange platform, has the capability to receive transactions originating from the Arbitrum network? Arbitrum is a popular Ethereum-based scaling solution that aims to improve transaction speed and reduce fees by executing smart contracts off-chain. It's important for users to understand if they can seamlessly move their assets between Arbitrum and Coinbase, enabling them to leverage the benefits of both platforms.
6 answers
Valentino
Wed Sep 18 2024
Bitcoin, the original and most well-known cryptocurrency, is also supported by Coinbase Wallet. This allows users to store and manage their BTC holdings securely.
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SkylitEnchantment
Wed Sep 18 2024
Beyond these mainstream networks, Coinbase Wallet also supports Dogecoin, Litecoin, Stellar Lumens, XRP, and Solana, catering to the needs of a diverse user base with varying interests.
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GwanghwamunGuardianAngel
Wed Sep 18 2024
Coinbase Wallet, a popular cryptocurrency storage solution, offers compatibility with a diverse range of blockchain networks. This ensures users can securely manage and transact in various digital assets.
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Giovanni
Wed Sep 18 2024
Among the supported networks, Ethereum stands out as a cornerstone of the decentralized finance ecosystem. Its smart contract functionality enables a wide array of decentralized applications and services.
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Sara
Wed Sep 18 2024
Additionally, Coinbase Wallet embraces the evolution of Ethereum by supporting Layer-2 networks like Arbitrum, Avalanche C-Chain, BNB Chain, Fantom Opera, Optimism, Polygon, and Gnosis. These networks aim to improve transaction speed and reduce fees on the Ethereum mainnet.
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