Leading crypto exchange Coinbase has announced the launch of its asset recovery tool, which enables users to recover up to 4,000 unsupported ERC-20 tokens.
Previously, users who sent tokens not registered on the Coinbase Ledger were at risk of not receiving them in their wallets. As a result, the funds remained unrecoverable since Coinbase does not have access to the private keys needed to reverse the transactions.
In an effort to help customers recover their funds independently, Coinbase said on Dec. 15 that it has developed a self-service recovery tool for ERC-20 tokens.
(ByChristian Nwobodo)
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