-
Bitcoin $93,820.9237
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$0.9994
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4.37%
can coinbase receive usdt
Coinbase supports receiving and storing USDT (Tether) through a dedicated USDT wallet, following a simple verification and wallet addition process.
Oct 30, 2024 at 03:49 am
Can Coinbase Receive USDT (Tether)?
Yes, Coinbase supports Tether (USDT) and allows users to receive and store USDT on the platform.
Steps to Receive USDT on Coinbase:
- Sign up for a Coinbase account: Create an account at coinbase.com if you don't already have one.
- Verify your identity: Complete the KYC process to verify your identity and enhance your account security.
- Add a USDT wallet: Go to the "Wallets" tab and click "Add Wallet." Search for "USDT" and click "Add USDT Wallet."
- Generate USDT address: After creating the USDT wallet, you will be assigned a unique USDT address.
- Provide the address to the sender: Share your USDT address with the person or platform you are receiving USDT from.
- Wait for the transaction: The sender will initiate a USDT transfer to your Coinbase USDT address. You can track the transaction status in the "Transactions" section.
Note: Coinbase only supports ERC-20 USDT tokens on the Ethereum blockchain. Other USDT variants on different blockchains are not supported.
Additional Considerations:
- Transaction fees: Coinbase charges a small transaction fee for receiving USDT. The exact fee varies depending on the network conditions and can be previewed before confirming the transaction.
- Minimum deposit amount: Coinbase may have a minimum deposit amount requirement for USDT. Check the Coinbase support documentation for specific details.
- Withdrawal options: Received USDT on Coinbase can be withdrawn to an external wallet or used for other transactions on the platform.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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