coinbase what network

Coinbase supports a myriad of blockchain networks, including Bitcoin, Ethereum, Litecoin, and various decentralized finance (DeFi) platforms like Uniswap and SushiSwap.

Oct 26, 2024 at 10:15 pm

Coinbase Supported Networks

Coinbase, a leading cryptocurrency exchange, supports a wide range of blockchain networks that facilitate trades, transactions, and asset management. Here's a comprehensive list of the networks currently supported by Coinbase:

1. Bitcoin (BTC)

Bitcoin, the pioneer cryptocurrency, operates on the Bitcoin network, managed by a decentralized network of computers.

2. Ethereum (ETH)

Ethereum, a popular platform for decentralized applications (dApps), runs on the Ethereum network, which uses a Proof-of-Work (PoW) consensus algorithm.

3. Bitcoin Cash (BCH)

Bitcoin Cash, a fork of Bitcoin, operates on the Bitcoin Cash network, offering lower transaction fees and improved transaction throughput.

4. Litecoin (LTC)

Litecoin, often known as "the silver to Bitcoin's gold," operates on the Litecoin network, providing faster transaction times and lower fees.

5. Ethereum Classic (ETC)

Ethereum Classic, a fork of Ethereum, runs on the Ethereum Classic network, continuing the original Proof-of-Work model.

6. Stellar (XLM)

Stellar, a payment-oriented network, runs on the Stellar network, facilitating cross-border transactions with low fees.

7. Dogecoin (DOGE)

Dogecoin, a peer-to-peer cryptocurrency inspired by the Shiba Inu dog meme, operates on the Dogecoin network, known for its loyal community.

8. Uniswap (UNI)

Uniswap, a decentralized exchange (DEX) protocol, operates on the Ethereum network, allowing users to trade cryptocurrencies without intermediaries.

9. Chainlink (LINK)

Chainlink, a decentralized oracle network, operates on the Ethereum network, providing smart contracts with real-world data.

10. SushiSwap (SUSHI)

SushiSwap, a decentralized exchange (DEX) protocol, operates on the Ethereum network, competing with Uniswap.

Note: Coinbase continuously evaluates and adds new networks to its platform. The list provided above may not be exhaustive and is subject to change.