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Amp (AMP)

What is Amp (AMP)? 

Amp (AMP) is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.

What products support AMP?

Coinbase          ✔     ✔
Pro          ✔     ✔
Wallet           ✔      ✖️

What regions support AMP?

Coinbase      ✔ ✔ ✔✖️✖️
Pro     ✔ ✔ ✔✖️✖️
Wallet     ✔ ✔ ✔✖️

Crypto to fiat trading pairs

USD    ✔  ✖️ ✖️
GBP ✖️ ✖️ 
EUR ✖️ ✖️✖️

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to or send it to an external address in order to cash out.

Crypto to crypto trading pairs

AMP   ✖️  ✖️✖️ ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for AMP?

AMP requires 14 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts AMP?

Amp (AMP) is hosted on the Solana blockchain. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 0.000000000000000001 AMP

Maximum: 3,125,000 AMP

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