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Assets on multiple networks

If you’ve sent or received funds using the incorrect network, Coinbase does not have the ability to recover your funds (unless they are outlined in Asset recovery). To learn more, see Unsupported Crypto Recovery.

Most assets on Coinbase are only supported on the blockchain network that hosts them (even though the asset may technically be available on multiple networks). However, we do offer multi-chain support for select assets. This allows you to select from more than one network when sending or receiving the asset using Coinbase. 

The benefit of having multiple networks to choose from is that some networks may offer lower transaction fees and higher transaction speeds. For assets with multi-chain support, you’ll have the option to choose which network you’d like to use when you’re sending or receiving the asset.

Important: When sending or receiving, always confirm that you’re using the correct network. Using an incorrect network will cause the funds to be lost. For assets with multi-chain support, the same network must be used on both the sending end and the receiving end. See examples below.

 

Asset Hosting network Multi-chain support Scenario Result
IOTX Ethereum  No Send IOTX to Coinbase on the IoTeX network  ✖️ Funds are lost
IOTX Ethereum  No Send IOTX to Coinbase on the Ethereum network   ✔ Transaction is successful
USDC Ethereum  Yes Send USDC from self-hosted wallet on the Polygon network to Coinbase USDC address on the Ethereum network ✖️ Funds are lost
USDC Ethereum  Yes Send USDC from self-hosted wallet on the Polygon network to Coinbase USDC address on the Polygon network ✔ Transaction is successful

Note: Coinbase does not have the ability to retrieve funds that are lost due to being sent or received using an incorrect network. You can find the hosting network for an asset by viewing the asset detail page in our Asset Directory.

Send on another network

  • A default network is already selected and will be shown during your transaction (after selecting Preview send on mobile or after selecting Continue on web)

  • Select the network field and follow the prompts to change the network

  • You’ll need to confirm that you understand the risk of receiving over a new network

  • Always confirm that the same network is being used by both the sender and the recipient

Mobile

Web

Receive on a another network

  • A default network is already selected and is shown above the QR code

  • Select the network field and follow the prompts to change the network

  • Once you confirm that you understand the risk of receiving over a new network, a new QR code and deposit address will be generated

  • Always confirm that the same network is being used by both the sender and the recipient

Mobile

Web

Coinbase currently offers multi-chain network support for the following assets

Asset Hosting network
Ethereum (ETH)  Ethereum, Polygon
US Dollar Coin (USDC)  Ethereum, Polygon, Solana 
Polygon (MATIC) Ethereum, Polygon

Can I send crypto directly from the Ethereum network to Coinbase on the Polygon network?

  • No. Always ensure that you’re sending crypto to a Coinbase address that is on the same network as the one you’re sending from.

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; however, 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 (ticker: WETH).

I have wrapped MATIC (wMATIC). Can I send that to Coinbase?

  • No. At this time, Coinbase doesn’t support wMATIC. Don’t send wMATIC to Coinbase or your funds will be lost.

If I want to send Wrapped Ethereum (WETH) to Coinbase using the Polygon network, what wallet should I receive it in on Coinbase?

  • At this time, to send WETH from Polygon, you should select your Ethereum wallet on Coinbase.

I deposited Wrapped Ethereum (WETH) to Coinbase using the Polygon network. Where is it in my Coinbase account?

  • When WETH is deposited from the Polygon network, it will be reflected in your ETH balance.

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 will be reflected in your USDC balance.

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