Coinbase Wallet - Your key to the world of crypto

The vision of Coinbase is entirely focused to facilitate investors with all crypto trading essentials. Ever since Coinbase rolled out in the market, it has been continuously spreading its wings all across the world by establishing trust among traders. 

You may confuse its prominence with hype, but let me clear your doubt. Coinbase has been serving its services since 2012 and is trusted by millions of individuals, which is only possible due to its extraordinary trading amenities. 

Well! This write-up is entirely crafted to hone the experience of Coinbase users by introducing one of the most vital facets of Coinbase which is known as Coinbase wallet. Do you want to know, how this is playing a crucial role in trading? Allow me to be precise on it. We will cover every possible aspect of the Coinbase wallet, follow me further to take note of it.

What is the need for crypto wallets in our lives, you may wonder? In order to clear out this clutter of your mind, I’d prefer to say that if you want to invest in cryptocurrencies with peace of mind, you should opt for a crypto wallet. 

In short, where the security of your assets comes into the scenario, a crypto wallet becomes a necessity for traders.

And, if you are looking for the finest security ever, you should go with Coinbase wallet which claims to safeguard your assets from any kind of security breaches such as cyber hacks, thefts, frauds or scams. And, the benefits of using this wallet are not just limited here, have a glance at some more salient lineaments of Coinbase wallet further.

• Easy installation and wallet set-up: The process of setting up this wallet just includes a few easy-to-implement steps. 

• Wide range of supported crypto assets: It supports more than 100,000+ crypto assets to hold safely.

• Seamless crypto transfers: Using the Coinbase wallet, one can easily send or receive crypto assets using the Coinbase wallet address.

• Well-packed with robust security measures: It secures your account with a hard-to-decrypt private key and seed phrase as well as provides an extra shield of protection with 2-factor authentication.

• Compatibility with hardware wallets: To provide extra security to your assets, you can directly connect this wallet with hardware wallets such as Ledger, Trezor etc.

• Ability to store digital collectibles: This wallet is able to store and safeguard NFTs (Non-fungible tokens) which is quite popular in the crypto industry.

Do you want to know how can you embark on your journey with Coinbase wallet? Don’t worry, we will explore the details from the get-go. 

In order to begin the usage of any software, the first thing you need to do is install it on your device. We will explore the entire process in detail but before that, you should be aware of the fact that you can use this wallet as a browser extension if you’re a Chrome user, else, you can have it on your mobile as an application (for both iOS and Android). It is not available as a Coinbase Wallet Firefox or other browsers.

Navigate through the below-given instructions to understand the process of downloading it for a PC.

1. Firstly, visit the URL https://www.coinbase.com/wallet.

2. Navigate to the “Download” button and click it.

3. You will see the “Download for Chrome” option there. 

4. A click on it will land you on the downloading of Chrome browser extensions.

5. Follow the prompts further to finalize the process of downloading the Coinbase wallet.

After this, the Coinbase Wallet desktop will be downloaded and installed on your PC automatically. If you want to install it on your mobile device, you should follow the same guidelines, the only difference is you should pick up the option “Download for Android” or “Download for iOS” instead of “Download of Chrome”. 

1. Install the Coinbase Wallet app or extension on your device and press “Create a wallet”.

2. Now, a signup form will be prompted to fill in the details such as username.

3. Input the username (should be unique) and press “Submit”.

4. After this, a seed phrase will be prompted on the screen, store it privately.

5. Proceed with clicking “Continue” and confirm your seed phrase by selecting the accurate first and last word of the phrase.

6. Now, you’ll be asked to fill out the passcode after hitting the “Submit” button.

7. Create a resilient and not easy-to-decode passcode, enter it twice and assent to the terms.

8. Your Coinbase wallet is set to work with it after pressing the “Submit” button.

Here’s one point to note it is not essential to perform Coinbase sign up to use the Coinbase wallet free, you can use it separately. 

If you want to know, how to perform the Coinbase wallet login? Let me tell you that accessing the Coinbase wallet after making an account is just easy as pie, all you need to do is enter the login credentials on the wallet login page.

As we know Coinbase wallet is known for its cutting-edge security, along with storing multiple assets in this wallet, you can make easy transfers as well. Any time when you feel like your Coinbase wallet not working properly, either you can check the operational status of the Coinbase wallet, if it is not green, it resembles that there is a technical issue which will get fixed after a while by the Coinbase team or you can approach Coinbase wallet support, explain your query to them and get the assistance.