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CloudWhat is Optimism (OP)?
Optimism (OP) is a layer two protocol and smart contract platform that aims to enable low-cost and near-instantaneous Ethereum transactions. The OP cryptocurrency powers the Token House, which will be a division of the Optimism Collective alongside the Citizens' House. The Collective governs network parameters, treasury disbursements, and protocol upgrades.
Which products support OP?
| Send/Receive | Trading | |
|---|---|---|
| Coinbase | ✔ | ✔ |
| Pro | ✔ | ✔ |
| Wallet | ✔ | ✖️ |
What regions support OP?
| US | NY | CAN | EU | UK | DE | SG | JP | |
|---|---|---|---|---|---|---|---|---|
| Coinbase | ✔ | ✖️ | ✔ | ✔ | ✔ | ✖️ | ✔ | ✖️ |
| Pro | ✔ | ✖️ | ✔ | ✔ | ✔ | ✖️ | ✔ | ✖️ |
| Wallet | ✖️ | ✖️ | ✖️ | ✖️ | ✖️ | ✖️ | ✖️ | ✖️ |
Crypto to fiat trading pairs
| US | UK | EU | |
|---|---|---|---|
| USD | ✔ | ✖️ | ✖️ |
| GBP | ✖️ | ✖️ | ✖️ |
| EUR | ✖️ | ✖️ | ✖️ |
Crypto to crypto trading pairs
| USDC | BTC | ETH | USDT | |
|---|---|---|---|---|
| OP | ✖️ | ✖️ | ✖️ | ✖️ |
See the full list of countries that Coinbase supports for crypto-to-crypto trading.
How many confirmations are needed for OP?
OP requires 14 network confirmations. Learn about transaction confirmations.
Which blockchain network hosts OP?
OP is hosted on the Optimism network.
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. These amounts vary by asset and are subject to change.
