For certain assets, you can choose from more than one network for your Coinbase transactions. Some networks may offer lower fees and higher speeds.
When an asset is supported on multiple networks, the available networks show during the send or receive steps.
Support for multiple networks isn’t available in New York.
Note: The same network must be used on both the sending end and the receiving end unless the transaction involves the Polygon and Ethereum networks.
Send on another network
A default network is already selected and is shown during your transaction.
To change the network, select the network field and follow the prompts.
Confirm that you understand the risk of receiving over a new network.
To avoid losing funds, always confirm that you and the recipient are using the same network.
Coinbase cannot recover funds that are lost from being sent or received using an incorrect network.
Receive on another network
A default network is already selected and is shown above the QR code.
To change the network, select the network field and follow the prompts.
Once you confirm that you understand the risk of receiving over a new network, a new QR code and deposit address is generated.
To avoid losing funds, always confirm that you and the sender are using the same network.
Coinbase cannot recover funds that are lost from being sent or received using an incorrect network.
How fast will my Optimism deposit be processed?
Deposits are processed from Optimism in minutes. In very rare cases, large deposits or deposits made during periods of high bridging activity may take up to 7 days to credit to your Coinbase account.
Layer-2 blockchains, such as Optimism, institute a delay as a way to protect the security of their networks. If a large deposit to Coinbase incurs a deposit-processing delay, smaller deposits will continue to be processed at a normal speed.
Can I send crypto directly from the Ethereum network to Coinbase on the Polygon network?
Yes, but only for assets that have multi-chain support. If Coinbase supports sending or receiving an asset on both the Ethereum and the Polygon network, then you will have one address that you can use for either network.
For all other assets that are supported only on the Polygon or the Ethereum network, select the correct network to avoid lost funds.
Can I use Ethereum for gas on the Polygon network?
No. MATIC is used for gas on the Polygon network. You can send crypto to your wallet on the Polygon network without MATIC, but you must have MATIC in your wallet to make subsequent transactions or use dapps on the Polygon network. You can buy MATIC on Coinbase.
I sent ETH to my wallet on Polygon but I can’t find it.
Ethereum on Polygon is called Wrapped Ethereum (WETH).
I have wrapped MATIC (wMATIC). Can I send that to Coinbase?
No, Coinbase doesn’t support wMATIC. If you send wMATIC to Coinbase, your funds will be lost.
I deposited USDC-SPL to Coinbase using the Solana network. Where is it in my Coinbase account?
When USDC-SPL is deposited from the Solana network, it is reflected in your USDC balance.
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