Coinbase Wallet
Take full control of all your crypto, digital art, and more with the help of the private and secure Coinbase App. Thanks to its Secure Enclave, biometric authentication, & optional cloud backups, you can rest assured that all your keys are protected while you engage in the crypto exchange and accomplish all your transactions. Coinbase is dedicated to building a more fair, accessible, efficient, and transparent crypto-economy.
Coinbase Wallet Features:
Gather all your cryptos and NFTs in one place! Trade over 500+ assets on DEXes and earn interest without needing a Coinbase account! Coinbase Wallet comes in two versions: a wallet for Apple iOS and one for Google Android.
Basic setup is very simple and easy as well. Just download the app from the appropriate App Store for your mobile device and set up your initial account by entering some basic information. Enter your username, password, and an email address that will generate your credentials and your 12-word paper that you will use to secure your wallet. Coinbase will allow you to add a phone number, enabling the wallet’s two-factor authentication (2FA) as an additional layer of security.
Benefits of a Coinbase Wallet:
Trade hundreds of tokens on DEXes
Access decentralized exchanges in-app, allowing you to immediately convert tokens without any intermediaries
Collect and Trade unique digital items
Trade your favorite collectibles in games and art in an online marketplace.
Earn interest on your crypto investment
Lend out your crypto assets in order to earn interest. Easily compare different rates, deposit your crypto, and check the balances on your Wallet homescreen.
Google Chrome Compatibility
Coinbase’s Google Chrome extension allows you to access and use your crypto on your desktop, while still keeping your private keys safe and secure on your mobile phone.
Coinbase Pro
As the most trusted platform for trading cryptocurrency, Coinbase Pro offers individuals a variety of digital assets to trade on a secure, insurance-backed platform. With its intuitive interface with real time orderbooks, charting tools, trade history, and a simple order process, it lets you start trading as soon as you sign up.
Coinbase Pro offers advanced features for more experienced traders, as well as options such as stop order, limit order, and margin orders. Likewise, Coinbase Pro also has the same security features as the traditional Coinbase.
Coinbase and Coinbase Pro also differ in fee structures. Coinbase Fees are a little more complicated to understand and expensive. Coinbase Pro fees cost less, while using a maker-taker approach, running counter to the traditional “customer priority” design.
Coinbase Pro may seem imposing at first because of its many different options and information. However, once you get comfortable with the platform, you may find the app easy enough to use, allowing you to become a more consistent trader.
FAQ
The Coinbase app is the company’s product for people looking to get started buying and selling cryptocurrencies. It’s easy, secure, and regulated, as you purchase crypto currency using fiat currencies.
Coinbase Wallet is a separate, standalone app designed to store your crypto and explore the decentralized web with a dapp browser. You don’t necessarily need to have a Coinbase account in order to use Coinbase Wallet. The app is designed to help you better manage your own private keys and store your currency in your device itself, and not on a brokerage or exchange. Lastly, you cannot connect Coinbase Wallet to a bank account.
Yes. It’s easy enough to transfer funds between both of these Coinbase apps at any time. You can just link your Coinbase app to your Coinbase Wallet app from the settings page of your wallet app.
Do note that these transfers aren’t instant. They need to be completed on-chain and require confirmation on the network prior to being processed. All transfers from Coinbase Wallet to Coinbase are subject to Coinbase.com’s availability to withdraw periods and any restrictions outlined in its Terms and Conditions.
Yes, you can. You can just import the private key you have into Coinbase Wallet. Simply look for the 12-word recovery in the settings menu of your current wallet and use that exact same phrase into your own Coinbase Wallet.
You can contact Coinbase Wallet’s support team by visiting their page and submitting a request at https://help.coinbase.com/en/contact-us.html and filling out the included form.
