I'm trying to figure out if it's possible to send BUSD, which is a cryptocurrency pegged to the US dollar, to Coinbase. I'm not sure if Coinbase supports this particular token and would like to confirm before attempting the transfer.
5 answers
Silvia
Fri Jan 17 2025
BTCC, on the other hand, is a leading
cryptocurrency exchange that offers a wide range of services.
Emanuele
Fri Jan 17 2025
It's important to note that Coinbase has specific requirements for the cryptocurrencies it supports.
CryptoNinja
Fri Jan 17 2025
One such requirement is that Coinbase only accepts BUSD on the Ethereum blockchain.
SamuraiCourage
Fri Jan 17 2025
This means that if you're looking to use BUSD on Coinbase, you must ensure it's in the ERC-20 format.
Eleonora
Fri Jan 17 2025
ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain.