Withdraw from Peanut to a Base Wallet
Send USDC or USDT to any Base wallet. Free, fast, no KYC required. Ideal for Coinbase users.
Base is Coinbase's Layer 2 network, making it the natural choice if you use Coinbase or any Base-compatible wallet. You can withdraw USDC or USDT from Peanut to any Base wallet address — free, with no KYC required and no withdrawal limits. Transactions confirm quickly and all gas fees are covered by Peanut.
Before You Start
Info
- A Peanut account. No identity verification is required for wallet withdrawals. You can withdraw immediately after creating your account.
- A Base-compatible wallet address. Base uses the standard EVM address format (starting with 0x). This is the same address format used by Ethereum, Arbitrum, Polygon, and Avalanche. However, you must ensure the recipient wallet or exchange supports receiving funds on the Base network specifically.
- Minimum withdrawal: $1 equivalent.
- No maximum. There are no limits on wallet withdrawals.
Important: Although Base shares the 0x address format with other EVM networks, the recipient must support the Base network. Sending funds to an address on the wrong network can result in lost funds. Always verify the network before confirming.
Withdraw to Base
- 1
Open the app
Open the app and tap Withdraw, then select Send to Wallet.
- 2
Select the Base network
Select the Base network.
- 3
Choose your token
Choose your token: USDC or USDT.
- 4
Enter the destination wallet address
Enter or paste the destination wallet address. This is a standard 0x EVM address. Make sure the recipient supports Base.
- 5
Enter the amount
Enter the amount you want to withdraw.
- 6
Review the details
Confirm the network (Base), the token, the destination address, and the amount.
- 7
Confirm the transaction
Peanut broadcasts the transaction to the Base network.
- 8
Funds arrive
Funds arrive in the destination wallet within seconds to minutes.
Peanut covers all gas fees. You pay nothing for the withdrawal.
Supported Tokens on Base
| Token | Available for Withdrawal |
|---|---|
| USDC | Yes |
| USDT | Yes |
Your Peanut balance is held in digital dollars. When you withdraw, you choose which token to send. If you select USDT, the conversion happens automatically at the best available market rate with no additional fees.
Fees and Limits
| Detail | Base Withdrawal |
|---|---|
| Peanut fee | Free |
| Gas fee | Covered by Peanut |
| Minimum withdrawal | $1 equivalent |
| Maximum withdrawal | None |
| KYC required | No |
Peanut covers all network gas fees for Base withdrawals. As a Layer 2 network, Base already has very low gas costs — and Peanut handles them entirely on your behalf.
Processing Time
- Typical confirmation time: Seconds to a few minutes. Base transactions settle quickly as a Coinbase Layer 2.
- Network congestion: Base rarely experiences significant delays. Most transactions confirm within a minute.
- 24/7 availability: Wallet withdrawals process at any time, including weekends and holidays.
Why Base?
Base is built by Coinbase, which means native integration with one of the world's largest exchanges. If you hold funds on Coinbase and want to move them to Peanut (or vice versa), Base is the most direct route. Coinbase supports Base deposits and withdrawals natively, so transfers between Peanut and Coinbase via Base are seamless.
Frequently Asked Questions
How long does a Base withdrawal from Peanut take?
Most Base withdrawals confirm in seconds to a few minutes. Base is a fast Layer 2 network and congestion is uncommon.
What fees does Peanut charge for Base withdrawals?
None. Peanut covers all gas fees on Base withdrawals. The withdrawal is completely free.
What is the minimum withdrawal to Base?
The minimum withdrawal is $1 equivalent. There is no maximum.
Is Base the best option for Coinbase users?
Yes. Since Base is Coinbase's own Layer 2 network, Coinbase natively supports Base deposits and withdrawals. This makes Base the fastest and most convenient way to move funds between Peanut and Coinbase.
Do I need to verify my identity for Base withdrawals?
No. Wallet withdrawals on Base (and all other supported networks) do not require identity verification. You can withdraw immediately after creating a Peanut account.
Related Pages
- Withdraw to Arbitrum — another popular EVM Layer 2 option
- Withdraw to Solana — fastest network, separate address format
- Withdraw to Ethereum — mainnet option for maximum compatibility
- Withdraw to your bank account — withdraw to a bank via SEPA or ACH