DO NOT send any unsupported cryptocurrencies to your Coinbase account or participate in an ICO using your Coinbase account. Doing so will result in a loss of the cryptocurrency in question.
If you have transferred any cryptocurrency asset to your Coinbase account that Coinbase does not currently support, then there is no way to recover these tokens. It is always important to check the list of assets supported by Coinbase before transferring any asset to a Coinbase account.
If you are looking for a place to store digital assets that are not available on Coinbase, CoinbaseWallet is a great option. It is available in all countries, supports over 500 cryptocurrencies including every ERC20 token, and is available as both a web browser extension and a mobile app.
Please also know that Coinbase is constantly reviewing new assets to add support for those that meet our listing requirements. For regulatory reasons, we may not be able to support trading of every cryptocurrency asset.
If you have transferred an unsupported asset to your Coinbase account for which Coinbase has added support at a later time (our current list of supported assets is here), then any previously unsupported assets that have become supported assets will appear in your Coinbase account.
Initial Coin Offerings (ICOs)
Coinbase is not an investment advisor and this article is not investment advice. Please do your own research and consult an investment advisor before deciding if you should invest in an ICO.
Most ICOs issue tokens to the same address from which funds were sent. If you send funds from your Coinbase account to an ICO, the ICO will likely attempt to send the ICO tokens back to your Coinbase account. Coinbase will not support those tokens.
As discussed above, sending unsupported tokens to Coinbase will result in the tokens being lost. Consequently, if you use your Coinbase account to invest in an ICO, your ICO tokens will likely become permanently lost. Therefore, please do not use your Coinbase account to participate in an ICO or you risk losing your ICO tokens.
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