Networks and assets supported by #Coinbase wallet

If you are into the crypto industry, you must have heard about Coinbase. It is a prominent trading platform which supports over 150+ cryptocurrencies to trade, buy, sell or exchange.

Coinbase comes with multiple incredible features and state-of-art security measures. And, the Coinbase wallet is also one of the exclusive features of Coinbase. It allows you to store purchased digital assets online in encrypted software.

In this blog post, we will discuss about all the networks and digital assets supported by Coinbase wallet. So, firstly let’s navigate through all supported networks from the top.

Which networks is Coinbase wallet compatible with?

Both the mobile application and the browser extension for Coinbase Wallet support Ethereum as well as all other EVM-compatible networks. The networks listed below are preconfigured in the Coinbase wallet, however, you may manually add more EVM-compatible networks as well.

  • Arbitrum

  • Avalanche C-Chain

  • BNB Chain

  • Gnosis Chain

  • Fantom Opera

  • Optimism

  • Polygon

  • xDai

  • Solana

What types of assets can you store in Coinbase Wallet?

Coinbase wallet supports thousands of coins, including all ERC-20 tokens and tokens on EVM-compatible chains like Avalanche C-Chain and Polygon. Along with this, it supports stablecoins such as USDC and DAI on each network. Moreover, tokens hosted on the Solana Network are also supported by the Coinbase Wallet.

Furthermore, BTC, BCH, LTC, XRP, XLM, and DOGE are supported by the mobile application of Coinbase wallet. If you want to either send or receive these tokens via the Coinbase wallet app, you can do the same just by following given easy steps.

Steps to receive tokens via Coinbase wallet mobile app

  1. Tap “Receive” after launching the Coinbase wallet app.

  2. To find a certain asset, use the search bar.

  3. Before utilizing the relevant wallet address, make sure you have selected the correct asset.

Be aware that your primary Ethereum and EVM-compatible address is distinct from the addresses for BTC, BCH, LTC, XRP, XLM, and DOGE.

Final thought

Well, in this read, I have given you an overview of networks and digital assets supported by Coinbase wallet. As we have discussed at the get-go of this write-up, Coinbase wallet is an incredible feature of Coinbase which offers top-notch security to your dumped assets. So, you can store your purchased assets in it to safeguard them without worrying about their security.

Wrapping it up with a piece of crucial advice - Always send or receive tokens that are supported by Coinbase wallet. You will lose your assets while sending or receiving them if they are unsupported by the Coinbase wallet.

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