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Author Topic: Coinbase wallet has £0 balance but $ is showing as USDT  (Read 265 times)
Keithyp26 (OP)
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July 24, 2023, 10:45:22 PM
 #1

I Transfered USDT from my crypto platform to coin base wallet the balance shows £0 but under crypto I have a large amount of USDT shown. How do I get it show in my balance?

The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?

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July 24, 2023, 10:53:58 PM
 #2

First of all this is the wrong board, it should be moved to exchanges.

If you have your recovery phrase backed up already then try signing out and then sign in again or rather uninstall maybe you could be using the old version of it. This could actually help.


The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?

According to coin base it could be a smart contract problem. You should read through there troubleshooting tips here and it could guide you.

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hosseinimr93
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July 24, 2023, 11:00:22 PM
Last edit: July 24, 2023, 11:33:55 PM by hosseinimr93
 #3

What do you mean by "my crypto platform"? Where did you send the USDT from?
Are you talking about coinbase non-custodial wallet or their custodial wallet?


The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?
Who is "crypto network"?
If your tokens are ERC20 and you are using coinbase non-custodial wallet or any other non-cusodial wallet, you need ETH for spending your tokens. Of course, this doesn't have anything to do with your wallet showing the fiat value of your tokens.

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July 25, 2023, 03:10:44 AM
 #4

I am still confused about your problem can you share the screenshoot so we can better understand the problem.

First of all from where did you transferred your usdt is another exchange or your personal wallet because it will matched if you send usdt and receive usdt unless you send other coin or other token

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July 25, 2023, 03:13:09 AM
 #5

Just sell $100 usdt from your USDT balance YOU SHOULD GET ABOUT 76 pounds.

Now I assume you have www.coinbase.com account with lots of USDT in it.

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July 25, 2023, 05:56:29 AM
 #6

I Transfered USDT from my crypto platform to coin base wallet the balance shows £0 but under crypto I have a large amount of USDT shown. How do I get it show in my balance?

The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?
You are saying that you transfer USDT to Coinbase wallet and it shows that you have the USDT but it is not showing on your balance. That is weird.

Be careful of recovery hrsse scam from social media that you will import and you will see huge amount of USDT. You will be scammed.

You can tell us where you downloaded the wallet for us to know that it is not a phishing or scam wallet but the original.

I have not used Coinbase wallet before but the wallet that I have used before the USDT will show but you will not be able to spend it until you transfer the coin like ether that you need for the fee.

You can transfer ether to see what will happen when you know that the wallet is not fake and nobody is trying to scam you.

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July 25, 2023, 06:02:26 AM
 #7

The crypto network says I need ETH to activate the tokens,
If you mean you have tried to send your USDT token, yes. But that's a strange request if it's only to display the balance, afaik such a token doesn't need to activated. I have never used this wallet. General tips, always use the latest version.


Quote
but this sounds like a con? Anyone have experience of1 this?
If you think so, how did you get the wallet?

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July 25, 2023, 08:45:39 AM
 #8


The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?


This can't be true if the platform you are into it is legit so either you messed up on a clone site or with your address so the funds send to the wrong wallet. But I am almost sure that when a platform says you need to deposit ETH or BTC to access your funds then its a scam.

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hosseinimr93
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July 25, 2023, 09:01:33 AM
 #9

But I am almost sure that when a platform says you need to deposit ETH or BTC to access your funds then its a scam.
This is possible as there is no need to activation and such things. But assuming OP is using the real coinbase non-custodial wallet and not a fake wallet, there shouldn't be any problem from their side.
Maybe, OP is getting an error when trying to spend the USDT tokens saying he needs ETH to pay the transaction fee.

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July 25, 2023, 11:45:12 AM
 #10

The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?


Are you talking about the wallet Coinbase app? If yes I don't think you need to activate ETH but to be able to use their wallet app you might need to connect the app to your Coinbase account(it's a separate service) and they don't have USDT coin they only accept ERC20 token.

You might be trying to transfer or send USDT to another address. If I'm right then without an ETH balance you won't be able to send USDT that is why it asks to connect your wallet app to your Coinbase account or deposit ETH, without enough ETH balance to cover the transaction fee you can't send USDT out from the Coinbase wallet app.

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July 25, 2023, 12:41:09 PM
 #11

Either coinbase exchange or coinbase wallet, there's no such send some token to activate the account, it's clear you're installed fake site. Coinbase is very known have buggy site, so you need to refresh it if you've view your token is successfully transferred in blockchain tracker. Maybe your amount is too small? exchange has their account withdrawal fee and it will deduct the token's amount. For coinbase wallet, it's based on the token's network.

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July 25, 2023, 08:46:46 PM
 #12

I am still confused about your problem can you share the screenshoot so we can better understand the problem.

First of all from where did you transferred your usdt is another exchange or your personal wallet because it will matched if you send usdt and receive usdt unless you send other coin or other token

How do I share a screenshot on here?
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July 25, 2023, 08:51:50 PM
 #13

The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?
What is The crypto network?
No ETH is needed to activate the tokens, you only need ETH to pay transaction fees.

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July 25, 2023, 08:52:50 PM
 #14

The crypto network says I need ETH to activate the tokens, but this sounds like a con? Anyone have experience of1 this?
What is The crypto network?
No ETH is needed to activate the tokens, you only need ETH to pay transaction fees.

Bitcetus
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July 25, 2023, 08:58:53 PM
 #15

I am still confused about your problem can you share the screenshoot so we can better understand the problem.

First of all from where did you transferred your usdt is another exchange or your personal wallet because it will matched if you send usdt and receive usdt unless you send other coin or other token

https://drive.google.com/file/d/1D-Vc-MByiYcUT9DT4Mc-JFzVdJf48hNq/view?usp=drivesdk
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July 25, 2023, 09:07:25 PM
 #16

Bitcetus
This is not a crypto network, this is an exchange
As I told you no ETH is needed to activate the tokens, you need ETH to pay transaction fees only.

If you are trying to transfer USDT, try using Tron TRC20 network instead of Ethereum ERC20 network

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July 25, 2023, 09:16:13 PM
 #17

Bitcetus
This is not a crypto network, this is an exchange
As I told you no ETH is needed to activate the tokens, you need ETH to pay transaction fees only.

If you are trying to transfer USDT, try using Tron TRC20 network instead of Ethereum ERC20 network

Bitcetus say in 30.5 ETH is needed to activate which is like $46000?

how much ETH do I need for transaction fees? I'm a novice at this so hence why I am asking?

Thanks so far
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July 25, 2023, 09:20:09 PM
 #18

How do I share a screenshot on here?
Upload your image to talkimg.com and share the link here.


Bitcetus say in 30.5 ETH is needed to activate which is like $46000?
That's a scam. Don't make any deposit or you will lose your fund.

In OP, you said that you sent your fund to coinbase wallet. Didn't you? It seems that there's something I don't understand.

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July 25, 2023, 09:22:47 PM
 #19

How do I share a screenshot on here?
Upload your image on talkimg.com and share the link here.


Bitcetus say in 30.5 ETH is needed to activate which is like $46000?
That's a scam. Don't make any deposit or you will lose your fund.

In OP, you said that you sent your fund to coinbase wallet. Didn't you?

That's exactly what I thought.

Screenshot of my issue

https://drive.google.com/file/d/1D-Vc-MByiYcUT9DT4Mc-JFzVdJf48hNq/view?usp=drivesdk
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July 25, 2023, 09:35:25 PM
 #20

How do I share a screenshot on here?
Upload your image on talkimg.com and share the link here.


Bitcetus say in 30.5 ETH is needed to activate which is like $46000?
That's a scam. Don't make any deposit or you will lose your fund.

In OP, you said that you sent your fund to coinbase wallet. Didn't you?

That's exactly what I thought.

Screenshot of my issue

https://drive.google.com/file/d/1D-Vc-MByiYcUT9DT4Mc-JFzVdJf48hNq/view?usp=drivesdk


https://talkimg.com/images/2023/07/25/Qz5df.jpeg
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