{"id":13693,"date":"2024-02-28T20:50:37","date_gmt":"2024-02-28T20:50:37","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=13693"},"modified":"2024-02-28T20:11:15","modified_gmt":"2024-02-28T20:11:15","slug":"coinbase-expands-asset-recovery-tool","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/coinbase-expands-asset-recovery-tool\/","title":{"rendered":"Coinbase Expands Asset Recovery Tool!"},"content":{"rendered":"

Crypto exchange Coinbase<\/strong> expands its asset recovery tool with new networks. We have prepared the details for you!<\/p>\n

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  • Coinbase Added Two More Networks to Its Asset Recovery Tool!<\/a>
    • It Will Charge 5% Commission From Recovery Transactions!<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n

      <\/span>Coinbase Added Two More Networks to Its Asset Recovery Tool!<\/span><\/span><\/h2>\n

      Coinbase<\/strong>, one of the leading cryptocurrency exchanges in the US, announced in a statement that it has added BNB<\/a> Smart Chain<\/strong> and Polygon<\/strong> networks to its asset recovery tool.<\/p>\n

      In the post made on February 27, 2024, it was announced that as of today, users will be able to recover funds mistakenly sent to Coinbase on the BNB Smart Chain<\/strong> and Polygon<\/strong>.<\/p>\n

      With the new feature, users will be able to apply to Coinbase with just their identity and wallet addresses, and recover funds accidentally sent to Coinbase via BNB Smart Chain and Polygon.<\/p>\n

      Coinbase<\/strong> initially launched its asset recovery tool in December 2022, exclusively for the Ethereum<\/strong> network. The recovery tool has recovered about $160 million in funds from the Ethereum network since its establishment.<\/p>\n

      The crypto exchange, which has pointed out in the past that these assets were irrecoverable, presented the lack of access to the private keys required by employees and the support team to reverse these transactions as the reason.<\/p>\n

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      Our asset recovery tool just got an update.<\/p>\n

      Starting today, users can now recover funds mistakenly sent to Coinbase on BNB Smart Chain and Polygon. https:\/\/t.co\/asRGSQryCB<\/a><\/p>\n

      \u2014 Coinbase \ud83d\udee1\ufe0f (@coinbase) February 27, 2024<\/a><\/p><\/blockquote>\n