Coinbase is funded now what
- Thread starter somejock
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Coinbase may have a seasoning period. I believe mine was 7 days. Just chill for now. Once you are ready to buy then get whatever currency and transfer to exodus before paying vendor.
You’ll also need to send or buy/convert some ETH or SOL depending what network you’re using so that you can transfer from your wallet. Also, always a good idea to do a test transaction if possible, especially if you’re a complete newbie.
I use Base wallet, but Exodus will be just the same:
You need the
USDC in the amount to pay.
Depending on the network (Etherium, Solana) you use to pay, you will need a bit of (e.g) ETH.
Send the USDC to wallet already on that network. In my first test I did send some on the free CB network and that was not useful.
I then send 1 USDC on ETH to and asked the counterpart for a confirmation (screenshot).
When that worked, I sent the full amount.
One consideration: My payment (both test and real) initially stated "dropped". If you then wait a bit it may actually complete either way. Do not get nervous, just give it a few minutes. If it stays dropped the funds will still be available and you can try again.
You need the
USDC in the amount to pay.
Depending on the network (Etherium, Solana) you use to pay, you will need a bit of (e.g) ETH.
Send the USDC to wallet already on that network. In my first test I did send some on the free CB network and that was not useful.
I then send 1 USDC on ETH to and asked the counterpart for a confirmation (screenshot).
When that worked, I sent the full amount.
One consideration: My payment (both test and real) initially stated "dropped". If you then wait a bit it may actually complete either way. Do not get nervous, just give it a few minutes. If it stays dropped the funds will still be available and you can try again.
just to confirm, you didn't transfer out to Exodus, you just used Base for the transfer out to your vendor? I understand that Exodus is more secure, but I don't know why everyone insists on sending the crypto to your Exodus wallet when you're just going to transfer it to the vendor anyway.Florus2026 said:
I don't have Exodus. I have Base. So I bought on Coinbase, sent to my Base wallet and from there transferred to vendor. I use ETH network, though i think SOL is what most people here use.paisleyfan said:
You need to use a crypto currency and network accepted by the vendor. They are all over the place and some have limited options.
I believe most of us use an intermediate self custody wallet for vendor payments to avoid having your exchange account shut down if they disapprove of an address used for your transactions. It's a minor inconvenience that involves fairly low additional fees if done properly.
I believe most of us use an intermediate self custody wallet for vendor payments to avoid having your exchange account shut down if they disapprove of an address used for your transactions. It's a minor inconvenience that involves fairly low additional fees if done properly.
im still confused, but ill just read over and over eventually itll come to me
As has been discussed here many times, you really need a wallet because Coinbase and Binance, as exchanges, will flag or close your account if the vendor is flagged for suspicious transactions. It's happening more and more. It's one extra step to insulate you and the transaction. I use Trust wallet and Exodus is also good.
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