Bitcoin Forum

Hello, I have had a huge problem for 3? days.
I wanted to send USD Digital from the Blockchain App Wallet to the Coinbase USDC Wallet.

Yes, a mistake, I only noticed afterwards that there are 2 different coins. When I then sent € 399 and € 899, of course they did not arrive, but they were credited to a PAX (Paxos) wallet. They are still there. I have no idea why other people who tried to help me couldn't explain it. Because PAX Wallet is the same address as that of the USDC Wallet? - The USD Digital that automatically directed to a PAX wallet instead of the USDC wallet?

I turned to Blockchain, Coinbase, and PAX Support, but I don't think they can help me. Coinbase had only sent me a standard reply letter.

Here is the first transaction: https://etherscan.io/tx/0xcc094d5402329cf0a0e2a9ddea309a188b686b927791a9439722b7c48024f51f

Here is the second transaction: https://etherscan.io/tx/0xa36b0f2ae3191febbfb4e8cbcf79c2dda110049e441e3684a7cd2f5a80043b5f

And here you can see the balance of the exit wallet: https://etherscan.io/token/0x8e870d67f660d95d5be530380d0ec0bd388289e1?a=0xd9e73c670c09aff6c0341759756237fe9ff12cad

Here is the balance of the destination wallet: https://etherscan.io/token/0x8e870d67f660d95d5be530380d0ec0bd388289e1?a=0x4748b871303433eb456091398d146c03c98480b9


I tried to log in with ETH and the private key via an app from Paxos, but it was just not the wallet where my money is right now.

I'm really desperate right now there are 1200

Paxos and blockchain can do nothing. Because they have no control over your tokens. So, don't waste your time on sending them message.
The private key of the address you sent tokens to is owned by coinbase. So technically they are able to send back your coins. But I doubt they do this. Exchanges and custodial wallets like coinbase usually are not helpful in such cases.

All ERC-20 tokens have an Ethereum Address, this is why you can see the balance there in that Ethereum address.



These are transactions of PAX tokens. I don't see any USDC tokens.

is this your coinbase address?
Please post your coinbase address with USDC balance. I don't see any USDC transaction in anything you posted.

From my understanding, this is exactly the problem OP is talking about. The OP has sent PAX tokens to his coinbase wallet instead of USDC tokens.

Since both PAX and USDC are stable tokens pegged to dollar and both are Ethereum based tokens and have same address format, the OP thought that there is no difference between PAX and USDC and sent PAX to the USDC address given by coinbase.

It may take the time for coinbase to give back the amount that already sent by OP to the wrong address but i the problem is i never see coinbase was doing it. Afaik there was no more explanation regarding this problem on coinbase FAQ