Cryptocurrency Q&A What networks does Coinbase use?

What networks does Coinbase use?

Tommaso Tommaso Mon Dec 02 2024 | 5 answers 1197
Coinbase primarily uses the Bitcoin network for transactions, as it was originally designed as a Bitcoin wallet and trading platform. Additionally, Coinbase has integrated support for other networks such as the Ethereum network, allowing users to buy, sell, and store a variety of cryptocurrencies. Recently, Coinbase has also developed its own Base Network, a Layer 2 scaling solution built on the Optimistic Ethereum stack, which enhances the scalability of the Ethereum blockchain and reduces transaction costs. What networks does Coinbase use?

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