Coinbase, Exchanges

Is Coinbase ERC20 or BEP2?

Coinbase, one of the largest cryptocurrency exchanges in the United States, has been slow to add support for new assets. This has led to speculation about which assets will be supported next.

One popular candidate is ERC20, a type of token that runs on the Ethereum blockchain. However, it is also possible that Coinbase will add support for BEP2, a type of token that runs on the Binance Chain.

NOTE: This is a question about cryptocurrency and should not be taken lightly. Coinbase is a digital currency exchange and it is important to understand the difference between ERC20 and BEP2 tokens before engaging in any transactions. These tokens are not interchangeable and the wrong choice could lead to significant financial losses. It is strongly recommended that you do your own research and use reliable sources of information before making any decisions.

Coinbase has not yet announced which asset it will support next. However, there are several reasons why ERC20 is a more likely candidate than BEP2. First, Ethereum is a more widely used blockchain than Binance Chain. This means that there are more ERC20 tokens in existence, and more people are likely to be interested in buying and selling them.

Second, Coinbase has already added support for Ethereum-based assets such as ETH and ETC. This suggests that the company is more familiar with the Ethereum blockchain than with Binance Chain.

It is possible that Coinbase will eventually add support for both ERC20 and BEP2 tokens. However, given the factors mentioned above, it seems more likely that ERC20 will be supported first.

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