How It Works
Recommended Networkpolygon
Withdrawal Feefree (Coinbase covers network fees)
Processing Time~2 minutes
Deposit from Coinbase
- 1
1
Log in to your Coinbase account and navigate to Assets.
- 2
2
Select the stablecoin you want to send (USDC recommended -- free withdrawals on all networks).
- 3
3
Click Send and choose Send crypto.
- 4
4
Open the Peanut app and copy your deposit address for the chosen network.
- 5
5
Paste the Peanut deposit address into the recipient field.
- 6
6
Select the network -- choose a low-cost option like Base, Polygon, Arbitrum, or Solana.
- 7
7
Enter the amount to send.
- 8
8
Review and confirm the transaction.
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9
Funds typically arrive in Peanut within 1--10 minutes depending on the network.
Frequently Asked Questions
Related Pages
Last updated: 2026-02-26