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does coinbase wallet support gemini usd
Coinbase Wallet supports Gemini USD (GUSD), offering secure storage and user-friendly management for this stablecoin pegged to the US dollar.
Oct 31, 2024 at 05:20 pm
Question: Does Coinbase Wallet Support Gemini USD (GUSD)?
Answer: Yes, Coinbase Wallet supports Gemini USD (GUSD).
Details:
- Gemini USD Support: Coinbase Wallet allows users to store, send, and receive GUSD, a stablecoin pegged to the US dollar.
- Secure Storage: GUSD is stored securely in Coinbase Wallet, with industry-leading security measures in place to protect user funds.
- User-Friendly Interface: Coinbase Wallet offers a user-friendly interface that makes it easy to manage GUSD and other cryptocurrencies.
- Multiple Chains: GUSD can be transferred on both the Ethereum and Stellar networks within Coinbase Wallet.
- Fees: Coinbase Wallet charges a small fee for GUSD transactions, which varies depending on the network and transaction size.
Additional Notes:
- Coinbase Wallet is a non-custodial wallet, which means that users have full control over their private keys and funds.
- GUSD is issued by Gemini Trust Company, a regulated cryptocurrency exchange.
- Coinbase Wallet also supports other stablecoins, including USDT, USDC, and BUSD.
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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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