Who wants to lose all his highly valuable crypto assets just because of a single mistake? Well, I don’t think that anybody would want his crypto assets to be lying safe in the digital world. But, that is only possible when you pick a good crypto storage for your crypto assets. And when we are talking about hot crypto wallets or a software wallet, we cannot skip mentioning about the Coinbase wallet.

Well, this wallet turns out to be a great option for those individuals who are looking for a self-custody wallet. A self-custody wallet is one that gives you complete authority to safeguard your digital assets. In this case, nobody, not even the wallet service providers has access to your wallet or the stored assets.

Coinbase extension or the Coinbase wallet extension is a means through which users are allowed to access the wallet features and functions. This wallet extension is currently available only for the Chrome web browser.

If you do not have the Chrome browser on your device, you can either use the web version of the wallet or you can also use its mobile-friendly application. The wallet currently allows you to store and manage your crypto as well as NFTs.

If you have carefully gone through the above section of the read, you must have noticed that the Coinbase extension is only available for the Chrome browser. So, here we are with the steps to install the extension on this browser-

1.       Launch the official website of Coinbase wallet (only using Chrome browser)

2.       Access the website by navigating to https://www.coinbase.com/wallet/downloads/

3.       Spot the “Download for Chrome” and click on it

4.       When on the Chrome Web Store page, review the extension details

5.       If satisfied, proceed by choosing the “Add to Chrome” button

6.       When the pop-up opens, click “Add extension” for confirmation

7.       Use the puzzle icon on the Chrome taskbar to access the Coinbase extension

8.       Create a new wallet or import your pre-existing wallet

Whether you are new to the crypto world or an expert crypto trader, the layout of the wallet is so simple that you can easily create your wallet on it. Here’s how-

1.       Open the Coinbase extension or Coinbase wallet app

2.       Further, select the option to “Create a wallet”

3.       Choose a username for your wallet or skip this step

4.       Assign a strong Coinbase wallet login password and confirm it

5.       Click on your profile icon and go to the “Security” section

6.       Here, you should choose the “backup phrase” option

7.       Create a backup of the secret recovery phrase shown on your screen

8.       Follow a few more prompts and your wallet is all ready

If you remember the login password of your wallet, you can easily access it by following a few simple steps. All you need to do is, open the Coinbase extension and provide the password in the allocated spaces. After ensuring that the password is correct, click the given login or unlock button. Meanwhile, if you have forgotten the password, restore or import the wallet using the steps below-

1.       Open the Coinbase wallet extension

2.       Choose the “Import Wallet” option on the Welcome screen

3.       In the allocated spaces, provide each word of the seed phrase carefully

4.       Now, it is time to assign a new password to the wallet

With these steps, you can easily import your Coinbase wallet 

Are you failing in your attempt to access your Coinbase wallet again and again? Well, there could be multiple reasons why you are not able to open the wallet or access your crypto stored over it. Whatever may be the reason, here are the troubleshooting measures that could help you:

•         Uninstall and reinstall the Coinbase wallet extension

•         Check the internet connection on your device and check back after some time

•         Clear the browser cache and cookies

•         Disable any VPN, antivirus, or ad-blocker on your device

As you can clearly witness through this read, using and installing the Coinbase extension is very easy. However, before installing the extension, keep one thing in mind. Install the extension only through authentic sources i.e. the official website or the Chrome web Store to avoid falling prey to hacking incidents. Most importantly, never ever share your private keys or Seed Phrase with others.

Does Coinbase have an extension?

While the Coinbase exchange is only available through web use and in the form of a mobile app, the Coinbase wallet is available as a browser extension. Yes, the Coinbase extension can be downloaded on a Chrome browser so that you can enjoy crypto storage and NFT management facilities.

Is the Coinbase extension safe?

Yes, the Coinbase wallet extension is a safe alternative to use the features and functions of the wallet. To add an additional layer of security, you can connect this wallet to a hardware wallet such as Ledger and enjoy comprehensive crypto security.

How do I withdraw money from the Coinbase Wallet extension?

To withdraw crypto from your Coinbase wallet, complete the Coinbase wallet login process and then go to the “Assets” tab where you need to click on the “Cashout” option. Then, you need to choose the payment method you want to cash out to and then enter the amount. In the next section, select which asset you would prefer to cash out. Click “Continue” to review the transaction and select “Confirm.”

What is the difference between Coinbase Wallet and Coinbase Wallet extension?

Coinbase exchange and Coinbase wallet are two separate products of the same company, Coinbase Inc. The exchange allows you to buy, sell, and trade a wide range of crypto assets. Meanwhile, the Coinbase wallet lets you store and manage the private keys and explore dApps.