Cryptocurrency Q&A
Can I send USDT in Coinbase?
Can I send USDT in Coinbase?
Tommaso
Sat Nov 30 2024
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7 answers
1490
I'm wondering if it's possible to send USDT using Coinbase. I'd like to know if the platform supports this type of transaction and if there are any specific steps or requirements I need to follow.
7 answers
alexander_clark_designer
Sun Dec 01 2024
Tether's issuer maintains that USDT is fully collateralized by bank reserves and loans.
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BusanBeautyBloomingStarShine
Sun Dec 01 2024
ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain.
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Maria
Sun Dec 01 2024
Users must ensure that they send USDT to Coinbase on the Ethereum blockchain to avoid any issues.
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NebulaSoul
Sun Dec 01 2024
This collateralization ensures that the value of USDT in circulation is matched or exceeded by the underlying assets.
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DigitalDukedom
Sun Dec 01 2024
Sending USDT on any other blockchain to Coinbase will result in the funds being lost or unrecoverable.
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