Coinbase Wallet is a self-custody cryptocurrency wallet developed by Coinbase, one of the leading cryptocurrency exchanges in the world. It was formerly known as Toshi. Coinbase Wallet allows users to securely store, send, and receive a wide range of cryptocurrencies and tokens, including Ethereum-based assets and ERC-20 tokens. Additionally, it supports the storage and management of Non-Fungible Tokens (NFTs), enabling users to interact with various NFT marketplaces and collectibles.
Key features of Coinbase Wallet include:
- Self-Custody: Coinbase Wallet is a non-custodial wallet, meaning users have full control over their funds and private keys. Users are responsible for safeguarding their private keys and keeping them secure.
- Multi-Currency Support: Coinbase Wallet supports a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and many others. It also supports a wide range of ERC-20 tokens and Ethereum-based assets.
- NFT Support: Coinbase Wallet enables users to store, send, and receive Non-Fungible Tokens (NFTs) directly within the app. Users can interact with popular NFT marketplaces and collectibles, such as OpenSea and Rarible, directly from their mobile devices.
- Decentralized Finance (DeFi) Integration: Coinbase Wallet integrates with decentralized finance (DeFi) protocols and platforms, allowing users to access decentralized exchanges (DEXs), lending platforms, and other DeFi applications directly from their wallets.
- Secure and Private: Coinbase Wallet prioritizes security and privacy, providing features such as biometric authentication (e.g., fingerprint and face ID), passphrase recovery, and encryption for private keys. Users have full control over their funds and private keys at all times.
- Cross-Platform Compatibility: Coinbase Wallet is available for both iOS and Android devices, making it accessible to a wide range of users. Wallets can be easily synchronized across multiple devices for convenience.
- Integration with Coinbase Exchange: While Coinbase Wallet is a separate product from the Coinbase exchange, users can easily transfer funds between their Coinbase account and Coinbase Wallet, providing a seamless user experience.
Overall, Coinbase Wallet offers a user-friendly and secure solution for storing and managing cryptocurrencies, tokens, and NFTs. With its support for a wide range of assets and its integration with popular DeFi protocols and NFT marketplaces, Coinbase Wallet is a popular choice among cryptocurrency enthusiasts and NFT collectors.
For more info visit https://www.coinbase.com/wallet?__cf_chl_f_tk=wEDcUvkM.QR9WCkVlFxYO_YQ_Tl9O9Mxh5iQiJ5g2Z0-1710403365-0.0.1.1-1578