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how to use solana network on coinbase wallet

Coinbase Wallet allows you to seamlessly interact with the Solana network, enabling you to transfer SOL, deposit NFTs, and view your Solana account details.

Nov 03, 2024 at 04:48 pm

How to Use Solana Network n Coinbase Wallet

  1. Install Coinbase Wallet:

    • Download the Coinbase Wallet app from the App Store or Google Play.
    • Create a new wallet or import an existing one.
  2. Add Solana Network:

    • Tap on "Settings" in the bottom menu.
    • Select "Networks" and then "Add Network."
    • Choose "Solana" from the list of available networks.
  3. Deposit SOL:

    • Tap on the "Receive" tab in the wallet.
    • Select "Solana" from the cryptocurrency list.
    • Copy the provided wallet address.
    • Transfer SOL from another wallet or exchange to the Coinbase Wallet address.
  4. Send SOL:

    • Tap on the "Send" tab in the wallet.
    • Select "Solana" as the send cryptocurrency.
    • Enter the recipient's wallet address and the amount you want to send.
    • Confirm the transaction and pay the network fee.
  5. Receive NFTs on Solana Network:

    • Open the NFT tab in the Coinbase Wallet.
    • Tap on "Deposit."
    • Select "Solana" from the list of networks.
    • Copy the provided wallet address.
    • Receive NFTs from other wallets or marketplaces directly to the Coinbase Wallet.
  6. View Solana Account:

    • Tap on the "Accounts" tab in the wallet.
    • Select "Solana" from the list of accounts.
    • Here you can view your Solana balance, transaction history, and access your private key for advanced operations.

Tips:

  • Coinbase Wallet supports all SPL (Solana Program Library) tokens, not just SOL.
  • Network fees on Solana are typically lower than on Ethereum.
  • For advanced users, the Coinbase Wallet offers the ability to connect to a Solana node or hardware wallet for increased security and functionality.

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!

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