Wallets

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does coinbase wallet support usdt

Coinbase Wallet facilitates the management of USDT (Tether), a stablecoin pegged to the US dollar, allowing users to add, receive, send, and track USDT transactions conveniently within the wallet application.

Nov 01, 2024 at 07:02 am

Does Coinbase Wallet Support USDT?

Yes, Coinbase Wallet supports USDT (Tether), a stablecoin pegged to the US dollar. Here's how to manage USDT in Coinbase Wallet:

1. Set Up Your Coinbase Wallet

Download the Coinbase Wallet app on your device.
Create a new wallet or import an existing one.
Set up a strong password and securely store it.

2. Add Tether (USDT)

Tap the "Assets" tab in the Coinbase Wallet app.
Select "Add USDT."
Enter the amount of USDT you wish to add and select "Continue."
Choose your preferred payment method and follow the on-screen instructions to complete the purchase.

3. Receive USDT

Generate a unique USDT address in Coinbase Wallet by tapping "Receive."
Share this address with the sender who is sending you USDT.
Once the transaction is confirmed, your USDT will be deposited into your Coinbase Wallet.

4. Send USDT

To send USDT, tap "Send."
Enter the recipient's USDT address and the amount you want to transfer.
Review the transaction details and tap "Continue."
Authorize the transaction and pay the network fee.

5. Track Your USDT

You can view your USDT balance, transaction history, and swap it for other supported cryptocurrencies within Coinbase Wallet.
Tap on the "USDT" asset to access these options.

Please note:

Coinbase Wallet supports USDT on Ethereum (ERC-20) and Polygon (Matic) networks.
Network fees may apply when sending or receiving USDT.
Tether is a stablecoin, but its value can fluctuate slightly from its peg to the US dollar.

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