Cryptocurrency Q&A
What transfer network does Coinbase use?
What transfer network does Coinbase use?
Martina
Fri Apr 18 2025
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6
answers
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I'm curious about the transfer network that Coinbase utilizes for their transactions. I want to know which network they rely on to ensure secure and efficient transfers of funds.
6 answers
Daniele
Sun Apr 20 2025
In addition to these main networks, Coinbase Wallet extends its support to Ethereum Layer-2 networks. These Layer-2 networks are designed to enhance the scalability and efficiency of the Ethereum blockchain. They offer faster transaction speeds and lower fees compared to the main Ethereum network.
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MysterylitRapture
Sun Apr 20 2025
Coinbase Wallet offers support for a diverse range of blockchain networks. Among the primary networks it supports are Ethereum, Polygon, Bitcoin, Dogecoin, Litecoin, and Solana. These networks cater to various use cases and have different technical specifications.
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Elena
Sat Apr 19 2025
Coinbase Wallet also supports Fantom Opera, another Ethereum Layer-2 network. Fantom Opera leverages a directed acyclic graph (DAG) structure to achieve high scalability and low latency. It is suitable for building decentralized applications that require high performance.
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GwanghwamunGuardian
Sat Apr 19 2025
One of the Ethereum Layer-2 networks supported by Coinbase Wallet is Arbitrum. Arbitrum is a rollup-based Layer-2 solution that allows for more efficient transaction processing on Ethereum. It helps in reducing gas fees and improving user experience.
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Valeria
Sat Apr 19 2025
Avalanche C-Chain is another Ethereum Layer-2 network supported by Coinbase Wallet. Avalanche is a highly scalable, open, and interoperable blockchain platform. Its C-Chain is compatible with the Ethereum Virtual Machine (EVM), making it easier for developers to build and deploy dApps.
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