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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
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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.
Disclaimer:info@kdj.com
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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