Coinbase Wallet Extension - Your key to the world of crypto

Coinbase wallet extension- A self-custody wallet for crypto and NFTs

It's no secret that we need access to a wallet service that could help us dump all the crypto assets or other digital tokens in our possession. But to choose one of the best wallets among so many options is quite a challenging task.

While I am talking about the best crypto wallets, I cannot skip talking about a renowned name in this category- "Coinbase wallet." So, if you are wondering whether this wallet would live up to your expectations or not, then you must carry out your own research. But, why not give this free wallet a try?

However, before you start using this wallet right away, I want to introduce you to this wallet a little bit. And, in today's article, the Coinbase wallet extension would be our primary concern. So, let's begin.

What is the Coinbase wallet extension?

To be precise, I would like you to know that a Coinbase wallet can only be used in two ways- one is via the Coinbase wallet extension, and another way to use it is through the Coinbase wallet app.

Speaking only about the extension, it should be noted that the extension is currently available for only one web browser i.e. the Chrome browser. And, once you have added the extension, you will be able to use the storage facilities of this wallet by gathering your wallet address and receiving crypto funds.

Now, you must be wondering why this wallet has gained hype. Well, the most important factor that needs to be acknowledged about this wallet is that it has never been hacked. This hints toward the fact that you can rely on its security and your funds will remain completely safe in it. Moreover, the decent fee structure is enough to

Now, let's take you forward and make you understand how to use a Coinbase wallet extension.

How to use Coinbase Wallet extension?

In order to use Coinbase wallet through its extension, you need to make sure that your device is having the chrome browser installed on it. On the other hand, if you do not have this particular browser on your device, then you will not be able to use the Coinbase wallet.

So, after ensuring that the chrome browser is present on your device, please follow the steps that are written in the sections to follow.

Once the extension is installed and added to your Chrome browser, you need to go ahead with setting up the wallet and then you can start storing your purchased assets. Now, let's start off by learning how to download the Coinbase wallet extension on Chrome.

Acquiring the Coinbase wallet extension Chrome

As we have already highlighted this point in the sections above, the Coinbase wallet extension is only available for Chrome users. Hence, you can follow these steps to acquire the same on your browser as well:

  1. Open the Chrome web browser on your desktop or laptop

  2. And then, visit the URL- https://www.coinbase.com/wallet

  3. Right after this, you can go ahead with selecting the "Download Coinbase wallet" option

  4. Next up, you can select the "Add to Chrome" option to proceed

  5. On the next pop-up, select the "Add extension" option

  6. Next up, the extension will be downloaded to your system

Then you can go ahead with setting up your wallet. And the instructions for the same have been discussed below.

How do you set up a new Coinbase wallet?

To set up a new Coinbase wallet browser extension, here are the steps that you need to follow:

  1. Open the Coinbase wallet extension on your device

  2. Followed by this, you can select "Create new wallet"

  3. Now, it's time to read and go through the Privacy Policy and Terms of Service

  4. After that, you need to select a username for your wallet

  5. Time to select an authentication method to safeguard your wallet

  6. Thereafter, you will be shown the 12-word secret recovery phrase which you need to backup

  7. Next up, you can confirm the phrase, and then your wallet is created successfully

Is there a Coinbase wallet extension Firefox?

Now, if you are wondering if you can use the Coinbase wallet extension on any other browser such as Firefox/Edge or not? Then, you need to understand the fact that the Coinbase wallet extension is only available on the Chrome web browser.

This simply means that you may not be able to use the Coinbase wallet on Firefox.

On the other hand, instead of the wallet extension, you can also use this wallet through your mobile device by installing the app and the app can be easily installed by the respective app store of your mobile (Android/iPhone).

Is Coinbase wallet extension safe?

If you are dealing with cryptocurrencies in any manner, then you must be aware of the fact that a crypto wallet is necessary for the storage of crypto assets. But, the safety of your crypto assets is the most important factor that you need to consider.

Thereafter, you have selected Coinbase wallet to store your crypto assets, then you have probably made the right choice. This is because of the fact that this wallet is considered the safest among different wallets that are available today. The team that built this wallet made sure that you do not face any technical or security glitches.

Now that we are sure about the security measures taken by Coinbase, it is time now to have a look at the process to open the wallet extension as this is one of the hot queries among Coinbase wallet users.

How do I open my Coinbase wallet extension?

If you have downloaded the Coinbase wallet extension but you do not know where is the extension or how to open it, then you can easily do so from your browser.

To open the extension, you just need to head to your Chrome browser and open it. After this, you can go to the top-right corner of the browser, and locate and select the puzzle icon. When the list of extensions opens, select the Coinbase wallet icon.

This way you can open the Coinbase wallet extension on your device.

Why is my Coinbase wallet extension not working?

In case the Coinbase wallet extension was working just fine previously and now it has started to give you technical glitches, then you need to find out a relevant solution to get over this problem.

However, before you could do that, it is essential that you know why is this problem taking place in the first place. Well, there could be several factors responsible for this issue, but in my opinion, the major reason why this is happening is that you are using an older version of the extension.

So, the best resolution you can try in this scenario is to update the wallet extension and see if that helps. In addition to that, you can also remove and re-add the extension to finally get the issue resolved.

Conclusion:

To conclude, we can say that the Coinbase wallet extension is definitely one of the most used extensions that we have with us. In case you are not sure how to use this extension, then you can refer to the given instructions and learn more about using it.

In addition to that, please make sure that you have kept a backup of your secret phrase/seed phrase at a place from where nobody could access it.