Cryptocurrency Q&A Can I send Lightning Bitcoin to Coinbase?

Can I send Lightning Bitcoin to Coinbase?

CryptoNinja CryptoNinja Wed Nov 13 2024 | 5 answers 1094
I'm wondering if it's possible to transfer Lightning Bitcoin to my Coinbase account. I want to know if Coinbase supports this type of transaction and if there are any specific steps I need to follow. Can I send Lightning Bitcoin to Coinbase?

5 answers

Pietro Pietro Fri Nov 15 2024
If a user tries to make a transaction using a Lightning address, it will appear as pending in their account. This status indicates that the transaction has not been processed correctly.

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SolitudeSeeker SolitudeSeeker Fri Nov 15 2024
Coinbase offers support for Lightning network transactions, but there is a specific requirement regarding the method of transaction.

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BonsaiBeauty BonsaiBeauty Fri Nov 15 2024
Users can only utilize the Lightning network through invoices provided by Coinbase. This limits the flexibility in choosing transaction methods.

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lucas_lewis_inventor lucas_lewis_inventor Fri Nov 15 2024
It is important to note that Coinbase does not support the use of Lightning addresses for transactions. Any attempt to do so will result in issues.

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GyeongjuGlorious GyeongjuGlorious Thu Nov 14 2024
Transactions sent to Lightning addresses will be treated similarly to sending an email to an incorrect address. They will not be completed, and users may need to take additional steps to resolve the issue.

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