Coinbase Wallet is a safe and secure place for cryptocurrency. Coinbase is primarily designed for storing Bitcoins, Ethereum, Bitcoin Cash, and other digital currency. Coinbase offers full-service protection over your crypto transactions using its advanced security features that operate like hardware wallets.
What this wallet be used for?
In other words, Coinbase can be used to receive tokens that are bought directly from ICO token sale events and also from other exchange platforms. You can as well make use of your Coinbase DApp browser when integrated to interact with Ethereum based decentralized applications.
What is Coinbase Wallet?
Just like I said earlier, Coinbase Wallet is a simple mobile crypto wallet and a Web 3 DApp browser that promotes and provides users with features that allow them to send, receive and store Litecoin, Ether, Bitcoins cash, Bitcoins, XRP, and many more. You can as well shop at stores that accept cryptocurrency and send crypto to people across that globe having the same wallet.
You may wonder how you can get this app. However, this wallet can be gotten and Installed regardless of geographical restriction. It is designed to be compatible with iOS devices and as well as Android devices. Its simple based features have made a ground for beginners or novice that wish not to spend money on purchasing a Ledger hardware wallet. What do you know about the features?
Features of Coinbase
For Coinbase to be a secure platform there are certain features that it must possess. Below are some outstanding features of this wallet platform.
Secure Crypto Transactions
It offers maximum protection to all crypto trading. Because users are in charge of their pin stored in their devices, it is secure for users to send, receive, and store cryptocurrency.
The Backup features
It also permits the backup of pins to the cloud. We all have a reason for backing-up files which the primary reason is so that you can still recover your pin whenever you misplace your device. So your fund won’t get missing.
Convenient Payment Method
They offer a convenient payment method whereby payment can be sent to anyone, anywhere across the world.
WEB 3 DApp Browser
It Grants access to users to Web 3 decentralized Applications powered by Ethereum smart contracts and they can be able to discover and access popular DApps.
You can control and manage Bitcoin (BTC); Bitcoins cash (BCH) Litecoin (LTC), Ethereum (ETH), and all ERC-20 tokens with Coinbase wallet.
Benefits of the Coinbase Wallet
- The ability of users to generate a new digital currency wallet in seconds.
- The ability of users to easily connect their Coinbase account and send crypto to their custody.
- Users get to view the recent price of assets in their wallet in their local currency.
- Give access to search for decentralized exchanges, social media, jobs, games, etc.
- You can sign messages cryptographically as long as you have your pin.
- you can backup and restore your wallet with the standard recovery phase
Coinbase Wallet Download
You can get this app t your device by visiting the app market of your device; both for iOS and Android devices.
- On the homepage of the app store, tap on the search bar and enter “Coinbase Wallet”.
- On the new page, you will see the result, move straight and click on the app and then install.
- For iOS devices, you will need to tap on the “Get” widget to start installing.
With this, you are set to make use of the app having your details intact.