Send and Receive Crypto on Multiple Networks, Starting with Polygon and Solana

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The world of cryptocurrency continues to evolve at a rapid pace, and with it, the need for faster, cheaper, and more seamless ways to move digital assets across blockchains. Coinbase is taking a major step forward by enabling eligible users to send and receive ETH, MATIC, and USDC on Polygon, and USDC on Solana—marking a significant leap in multi-chain accessibility.

This integration is more than just a feature update; it’s a strategic move toward simplifying how individuals and institutions interact with the broader web3 ecosystem. Notably, the Polygon rollout represents the first time Coinbase has supported sending and receiving assets on a Layer 2 or sidechain, opening new doors for affordable and efficient blockchain usage.

👉 Discover how easy it is to move crypto across chains with low fees and fast confirmations.

Why Multi-Network Support Matters

Ethereum remains the backbone of decentralized applications, boasting the largest developer community, DeFi protocols, NFT marketplaces, and institutional adoption. However, its popularity comes at a cost—literally. High gas fees have long been a barrier for everyday users trying to send small amounts of crypto or interact with dApps.

Imagine paying over $10 in gas just to transfer a fraction of an ETH to your wallet—or over $100 to lend funds on Aave. For many, these costs make regular participation in web3 impractical. As a result, alternative networks like Polygon and Solana have surged in popularity due to their low transaction fees and high throughput.

Despite their advantages, accessing these networks has traditionally involved a complex, multi-step process:

  1. Buy crypto on an exchange.
  2. Transfer it to a self-custody wallet.
  3. Use a bridge to move assets across chains.
  4. Wait for confirmations, pay bridge fees, and risk potential errors.

This entire flow can take up to 20 minutes, cost around $50 in fees, and require nearly a dozen manual steps—just to mint an NFT on OpenSea via Polygon.

Coinbase is streamlining this journey dramatically. Now, users can convert fiat directly into ETH, MATIC, or USDC and send them natively on Polygon or Solana, all within minutes and at a fraction of the cost.

Seamless Access to Web3 Across Chains

With this update, Coinbase isn’t just adding networks—it’s reducing friction across the entire user journey. Whether you're an individual exploring DeFi or an institution managing multi-chain portfolios, the goal is clear: make web3 accessible, affordable, and intuitive.

Over 30% of DeFi’s Total Value Locked (TVL) now resides outside Ethereum, according to DefiLlama. That shift underscores growing demand for scalable alternatives. By supporting Polygon and Solana natively, Coinbase empowers users to tap into this expanding landscape without leaving the platform.

For example:

No more third-party bridges. No more juggling multiple wallet balances. Just simple, direct transfers—powered by one of the most trusted names in crypto.

👉 Start using low-cost networks like Polygon and Solana with instant fiat on-ramps.

How to Send and Receive Crypto on Polygon and Solana

Whether you're using the Coinbase mobile app, website, or Coinbase Exchange, sending crypto across supported networks is now straightforward.

For Individual Users (via Coinbase App or Website)

  1. Choose a self-custody wallet that supports Polygon or Solana (e.g., Coinbase Wallet).
  2. Open the Coinbase app or visit coinbase.com and tap “Pay”.
  3. Tap “Send”, then select ETH, MATIC, or USDC.
  4. Enter the recipient’s wallet address.
  5. In the preview screen, tap the arrow next to “Network” and choose either Polygon or Ethereum (for ETH/USDC).
  6. Confirm the transaction.
⚠️ Important: All crypto transactions are irreversible. Always double-check the recipient address and selected network before sending.

For Users with Coinbase Wallet (Browser Extension or Mobile App)

If you’re using the Coinbase Wallet browser extension or the latest mobile app:

  1. Click the ‘Buy’ icon (+).
  2. Select “Add crypto with Coinbase Pay”.
  3. Choose ETH, MATIC, or USDC, enter amount.
  4. Select your preferred network (Polygon or Solana).
  5. Review and confirm.

For older versions of the mobile app:

  1. Go to Settings > Buy or Transfer.
  2. Select token and amount.
  3. Tap the network icon in the top right.
  4. Choose Polygon or Solana, then confirm.

For Institutional Traders (Coinbase Exchange)

Eligible Coinbase Exchange customers can also benefit from multichain withdrawals:

  1. Visit exchange.coinbase.com.
  2. Click Withdraw > Crypto Address.
  3. Select ETH, MATIC, or USDC.
  4. Choose your desired network (Ethereum, Polygon, or Solana).
  5. Enter wallet address and withdrawal amount.
  6. Confirm.

API users can integrate this functionality using updated endpoints that include network selection parameters.

Unified Balances Across Chains

One of the biggest pain points in multi-chain usage has been balance fragmentation—holding ETH on Ethereum, another on Polygon, and USDC split across chains. Coinbase now offers a unified balance view, simplifying asset management regardless of deposit network.

This means traders no longer need to track separate balances per chain. Instead, they enjoy seamless trading and settlement within a single order book—even when depositing funds via different networks.

Frequently Asked Questions (FAQ)

Q: Which tokens can I send on Polygon?
A: Eligible users can send ETH, MATIC, and USDC directly on the Polygon network.

Q: Can I send USDC on Solana?
A: Yes—Coinbase now supports sending and receiving USDC on Solana, enabling fast and low-cost transactions for DeFi and payments.

Q: Is there any extra fee for using Polygon or Solana?
A: No additional platform fees apply. You’ll only pay minimal network fees (gas), which are significantly lower than Ethereum’s.

Q: What happens if I send crypto using the wrong network?
A: Transactions cannot be reversed. Always verify the recipient address and network before confirming any transfer.

Q: Are all Coinbase users eligible for this feature?
A: Availability may vary by region due to regulatory requirements. Check your account settings to see supported networks.

Q: Will more networks be added in the future?
A: Yes—Coinbase plans to expand support to additional blockchains and tokens over time.

👉 Explore cross-chain transfers with low fees and real-time confirmations today.

The Road Ahead: Building the Future of Cross-Chain Finance

Coinbase’s move into multi-network support reflects a broader vision: becoming the central hub for navigating the multi-chain cryptoeconomy. By enabling native transfers on high-performance blockchains like Polygon and Solana, Coinbase is helping users bypass costly intermediaries and fragmented workflows.

Looking ahead, expect expanded token support, deeper dApp integrations, and enhanced tools for both retail and institutional users. The ultimate goal? Making web3 accessible to billions, not just thousands—by removing cost barriers and technical complexity.

As blockchain usage grows, so too must infrastructure evolve. With this launch, Coinbase isn’t just adapting—it’s leading the charge toward a more connected, efficient, and inclusive digital economy.

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