Coinbase@ Wallet
Last updated
Last updated
Wallet supports the Bitcoin, Ethereum, Binance Smart Chain, Dogecoin, Litecoin, Polygon, Stellar, and Ripple networks, as well as numerous Ethereum Layer-2 solutions, such as Arbitrum and Optimism.8
Users can swap Ethereum-and Polygon-based assets directly within the app’s decentralized exchange feature. Non-Ethereum and Polygon assets can be purchased using the in-app crypto buying option. Additionally, Coinbase Wallet allows users to earn interest on their crypto assets via staking.9
Users can seamlessly display NFTs on the Ethereum and Polygon blockchains with their wallet at no extra cost. Although the Coinbase Wallet is free to use, it has high transaction fees for trading and swapping assets.3
Coinbase has a solid security system that protects your assets. The fact that it is non-custodial means nobody has access to your crypto except you, so Coinbase cannot use your crypto to run its business as FTX did. Also, in the event of a hack on Coinbase’s servers, your funds are safe.
The Coinbase wallet clearly emphasizes security by asking you to add your biometrics or passcode