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how to receive nft on coinbase wallet

To receive an NFT on a Coinbase Wallet, you first need to generate a unique NFT receiving address, which is a string of characters starting with "0x," and share it with the sender.

Oct 21, 2024 at 04:00 am

How to Receive an NFT on a Coinbase Wallet

1. Set up a Coinbase Wallet

Download the Coinbase Wallet app on your mobile device or visit the Coinbase Wallet website.
Create a new wallet or import an existing wallet.
Set up a secure password and remember your recovery phrase.

2. Generate a Receiving Address

On the main dashboard of your Coinbase Wallet, tap on "Receive."
Select "NFT" from the asset type options.
Your unique NFT receiving address will be displayed as a string of characters starting with "0x."

3. Share the Receiving Address

Share your NFT receiving address with the sender who is sending the NFT to you.
Ensure that the receiving address is double-checked for accuracy before you share it.

4. Wait for the NFT Transfer

Once the sender has initiated the NFT transfer, it will be visible on your wallet's "Activity" or "Transactions" tab within a few minutes.
You can also refresh the wallet app or website to check for the incoming NFT.

5. View and Manage the NFT

After the NFT is received, you can view it in your wallet by navigating to the "NFTs" tab.
From there, you can manage the NFT, such as transferring it to another wallet or listing it for sale on a marketplace.

Additional Notes:

Coinbase Wallet currently supports ERC-721 and ERC-1155 NFTs.
Make sure that the sender is using a compatible platform that supports the transfer of the specific NFT you are receiving.
Keep your Coinbase Wallet secure by using strong passwords and enabling two-factor authentication.
Consider using a hardware wallet for added security when storing valuable NFTs.

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