Coinbase Wallet is a self-custody crypto wallet offered by Coinbase, designed to give users full control of their digital assets. Unlike the Coinbase exchange, which is custodial (Coinbase holds your crypto for you), Coinbase Wallet gives you complete ownership of your crypto, NFTs, and Web3 identity.
Available as both a mobile app (iOS & Android) and a browser extension, Coinbase Wallet lets you securely store, send, receive, and interact with decentralized apps (dApps) — all without giving up control to a third party.
Self-Custody: You control your private keys and recovery phrase — not Coinbase.
Multi-Asset Support: Store and manage crypto on multiple blockchains, including:
Ethereum (ETH, ERC-20 tokens, NFTs)
Bitcoin (BTC)
Solana (SOL)
Avalanche (AVAX)
Polygon (MATIC)
And many more via custom networks
DeFi Access: Use protocols like Uniswap, Compound, Aave, and Curve directly in the wallet.
NFT Integration: View, store, and manage your NFTs securely.
Web3 Browser: Explore dApps, play blockchain games, and access Web3 marketplaces inside the app.
Cross-Platform Sync: Use it on mobile or browser extension and link both versions for unified access.
WalletConnect & Hardware Wallet Support: Connect to dApps securely or link with Ledger devices for cold storage.
Download the App:
Mobile: Go to the App Store or Google Play
Extension: Visit chromewebstore.google.com and search "Coinbase Wallet"
Create a Wallet:
Tap “Create New Wallet”
Securely store your 12-word recovery phrase (offline!)
Set a password or biometric access
Add Funds:
Transfer crypto from another wallet or exchange
Buy crypto directly in the app via MoonPay, Coinbase, or other partners
Explore dApps:
Use the built-in browser to connect with DeFi, NFT, and gaming platforms
Never share your recovery phrase with anyone, even Coinbase support.
Back it up offline (not on your phone or email).
Enable biometric/passcode lock on your device.
For large amounts, consider linking with a Ledger hardware wallet.
Pros:
Easy to use with intuitive UI
Great for DeFi, NFTs, and Web3
Full self-custody of assets
Supports many networks and tokens
Cons:
If you lose your recovery phrase, Coinbase can’t help recover funds
Slightly more complex for beginners than the main Coinbase app
Coinbase Wallet is a powerful tool for crypto users who want full control over their digital lives — from assets to identity. Whether you're diving into DeFi, collecting NFTs, or exploring Web3 games, this wallet offers a secure and flexible foundation. Just remember: with great control comes great responsibility — keep that recovery phrase safe!
