Creates a new deposit address for the specified currency. Each currency can have multiple deposit addresses. Use this method to generate a new address for receiving deposits.

Coinbase wallet type

For Coinbase wallet type accounts the network parameter is required and selects the blockchain network of the deposit address. The networks available for each currency are returned by public/get_currencies in the coinbase_networks field; a network that is not configured for the currency is rejected. An optional label can be provided, defaulting to "deposit address". This method is available to institutional Coinbase accounts only.

Note:

For Bitcoin, a new address can be generated every 24 hours.

For ERC20, Solana and XRP only one address can be generated.

Note:

If an ERC20 address is generated, this address will be automatically added for every asset that uses ERC20 addresses.

📖 Related Article: Managing Deposits

Scope: wallet:read_write

Try in API console

{
  "result": {
    "creation_timestamp": 1536569522277,
    "address": "1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa"
  }
}