can coinbase wallet hold bnb

The Coinbase Wallet supports the storage, sending, and receiving of BNB, the native token of the Binance blockchain, on the Binance Smart Chain (BSC).

Nov 01, 2024 at 08:18 am

Can Coinbase Wallet Hold BNB?

Yes, the Coinbase Wallet supports the storage of BNB, the native token of the Binance blockchain.

How to Add BNB to Coinbase Wallet

1. Create a Coinbase Wallet: If you don't already have one, create a Coinbase Wallet account by downloading the app and signing up.
2. Add a BNB Wallet: Tap "Assets" on the bottom menu, select "Add Asset," and search for "BNB."
3. Copy the BNB Address: Once the wallet has been added, tap on it to copy the BNB address.

How to Send BNB to Coinbase Wallet

1. Obtain BNB: You can purchase BNB on Binance or any other cryptocurrency exchange.
2. Open the Exchange or Platform: Navigate to the platform where you hold the BNB you wish to transfer.
3. Send BNB: Select the "Withdraw" or "Send" option, enter the Coinbase Wallet BNB address as the recipient, and input the amount you want to send.
4. Confirm the Transaction: Follow the platform's instructions to confirm the withdrawal or send transaction.

How to Receive BNB in Coinbase Wallet

1. Provide the BNB Address: Share the copied BNB address with the sender.
2. Wait for Confirmation: Once the BNB has been sent, you will receive a notification and the funds will appear in your Coinbase Wallet balance.

Important Notes

• The Coinbase Wallet only supports sending and receiving BNB on the Binance Smart Chain (BSC).
• BNB held in your Coinbase Wallet can be used for transactions, staking, or trading on decentralized applications (dApps) built on BSC.
• Always verify the sender's address before sending BNB to your Coinbase Wallet to avoid fraud.