what usdt network does coinbase use

Coinbase supports USDT on three popular networks: Ethereum (ERC-20), TRON (TRC-20), and BNB Smart Chain (BEP-20).

Oct 23, 2024 at 10:24 pm

Coinbase's Supported USDT Networks

1. Ethereum (ERC-20): This is the most popular USDT network, and Coinbase fully supports it. It offers fast transaction speeds and low fees, making it a good choice for most users.
2. TRON (TRC-20): TRC-20 is a high-performance blockchain that enables faster and cheaper transactions compared to Ethereum. Coinbase supports TRC-20 USDT, providing users with an alternative network with lower fees.
3. BNB Smart Chain (BEP-20): BEP-20 is the native token standard of the Binance Smart Chain. Coinbase recently added support for BEP-20 USDT, offering users the benefits of faster transaction speeds and lower fees associated with the Binance Smart Chain.

Additional Information:

• Algorand (ASA): Coinbase does not currently support ASA-based USDT.
• Solana (SPL): Coinbase also does not currently support SPL-based USDT.

Choosing the Right Network:

When sending or receiving USDT from Coinbase, it is important to ensure that you select the same network on both the sending and receiving end. Choosing the wrong network may result in the loss of funds. If you are unsure which network to use, it is recommended to contact the recipient or sender for guidance.