Coinbase Wallet Guide

Coinbase Wallet ≠ Coinbase Exchange

Coinbase Wallet is a separate self-custody app. YOU control your keys. It's not the same as holding crypto on Coinbase exchange.

Why Coinbase Wallet?

  • Self-custody - You own your keys
  • Multi-chain - Ethereum, Polygon, Solana, more
  • Easy to use - Beginner-friendly interface
  • DApp browser - Access DeFi and NFTs
  • Free - No subscription fees

Setup Steps

  1. Download from App Store or Google Play
  2. Or get browser extension from wallet.coinbase.com
  3. Choose "Create new wallet"
  4. Enable biometric security
  5. Write down 12-word recovery phrase
  6. Verify your recovery phrase
  7. Set up username (optional)
Recovery Phrase Warning

Write it on paper. Never store digitally. Never share. Coinbase cannot recover your wallet if you lose this phrase!

Linking to Coinbase Exchange

You can optionally link to your Coinbase exchange account for easy transfers:

  1. Go to Settings
  2. Tap "Link to Coinbase"
  3. Sign in to your Coinbase account
  4. Approve connection

This makes moving crypto between exchange and wallet seamless.

Features

  • Send/Receive - Transfer crypto
  • Swap - Trade tokens directly
  • Browser - Access dApps
  • NFTs - View your collection
  • Usernames - Send to name instead of address
Usernames Feature

Coinbase Wallet lets you create a username (like @yourname) that others can send crypto to instead of long addresses. Makes transfers easier and less error-prone.

Security Tips

  • Enable Face ID/Touch ID
  • Set auto-lock timer
  • Review connected dApps regularly
  • Never share recovery phrase
  • Consider hardware wallet for large amounts
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