Since its launch in 2014, Coinbase has been a reliable and popular choice for buying and selling cryptocurrencies. Based in the US, the exchange offers a wide range of coins, including Bitcoin, Ethereum, Litecoin, and more.
In recent years, Coinbase has also added support for a number of popular altcoins, such as 0x and Basic Attention Token.
However, one coin that Coinbase does not support is ERC-20. This is a type of token that is built on the Ethereum blockchain.
NOTE: WARNING: Coinbase does not directly support ERC-20 tokens. If you wish to use an ERC-20 token, you must use an external wallet or service that supports it. Please ensure that the service you are using is legitimate and secure before beginning any transactions.
While there are a number of ERC-20 tokens available, Coinbase has not added support for any of them.
This may be due to the fact that Coinbase is primarily a Bitcoin exchange. While it does offer other coins, its focus is still on Bitcoin.
As such, it may not have the resources or inclination to add support for ERC-20 tokens at this time.
There are a number of other exchanges that do support ERC-20 tokens, so if you’re looking to buy or sell these types of tokens, you’ll need to use one of these other exchanges.
4 Related Question Answers Found
Since its inception, the Ethereum network has become the go-to choice for ICOs. In fact, most of the major ICOs in 2017 were launched on the Ethereum network. The main reason for this is that Ethereum’s smart contract functionality allows for the creation of complex tokens.
As one of the most popular cryptocurrency exchanges, Coinbase has been a reliable platform for buying and selling digital assets since its launch in 2012. In addition to being a exchange, Coinbase is also a digital wallet that supports a variety of cryptocurrencies, including Ethereum (ETH). While Coinbase is not an ERC20 wallet specifically, it does provide support for Ethereum and other ERC20 tokens.
As of September 2019, Coinbase does not support the ERC20 token standard on its platform. However, the exchange is investigating the possibility of adding support for ERC20 in the future. This would make Coinbase one of the first major cryptocurrency exchanges to offer support for ERC20 tokens.
Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy and sell cryptocurrencies. Coinbase also allows users to store their cryptocurrencies on the exchange. Recently, Coinbase announced that it would add support for USDC, a stablecoin that is pegged to the US dollar.
