Coinbase Wallet Extension – A guide for the setup process

The crypto wallet is the wallet that permits the users to keep their funds locked on the platform for however long they want. The main question is which wallet can provide you with the security you need? It is not an easy task to safeguard your crypto tokens in this digital world where the cases of security breaches are increasing day by day. Further, the software wallets are even less reliable because nothing is safe online. But this is not true for every wallet. People judge all wallets due to one wallet only. 

Today we will tell you about one of the trustworthy wallets called Coinbase Wallet Extension. Follow through this wallet guide to learn how to operate this software wallet.

This section will first make you familiar with the process of the installation of the extension and the mobile application. You can perform any of the following procedures that are more suitable for you:

Coinbase Wallet Extension download

First, let us get on with the procedure of the extension installation in detail.

1. Open the official website of the Coinbase.

2. Find the download button on the website.

3. Once you find the button, and now several links will open as well. 

4. Then Select the option of extension installation on the website.

5. It will redirect you to the Chrome Web Store.

6. Press the Add to Chrome button.

7. Now click the Add Extension button on the opened pop-up window.

The installation procedure will now begin, take a look at the toolbar of your browser and you will find the download progress of this extension.

Let us take a look at the procedure of the app installation of the Coinbase Wallet. Make sure to follow the procedure in the same way as explained:

1. Open the Google Play Store on your mobile device.

2. In the search box, type the Coinbase Wallet.

3. Now wait for the search results to pop up on the screen.

4. From the result page, select the official installation link.

5. Press the Install button.

In a few seconds, the installation procedure will be complete and you will be able to use the wallet platform. 

In this segment of the article, we will learn the procedure of setting up a new account in the Coinbase Wallet Extension or the mobile app. However, you need to remember that you can only create the account successfully if you follow the same procedure as we have stated below:

1. If you have not already installed the wallet, then install its extension. If you want to access it on your mobile, then you can download and install its application.

2. After opening the application, it will show you 2 options. The first option will be to import any existing wallet and the second one will be to Create a new wallet.

3. Because you are a new user, select the option of Create a new wallet.

4. Now the screen will display all the terms and conditions that will be applied to you once you accept them. After reading the given conditions press the accept button.

5. Create a unique username for you so that the persons who will be transacting with you in the future can recognize your account easily. 

6. If you create your Coinbase Wallet account using the browser extension, then the Coinbase will automatically store one unique username for you. 

7. But at the time of creating the username, you should be aware that the username once created cannot be changed for a foreseeable time. You can only change it after 1 year has passed. 

8. Now as per your choice, set out the privacy preference of your username.

9. The next step will be to ensure the security of your account. There are two available methods to do so. One is through setting up your biometrics and the next one is by creating a passcode. 

10. Now, the most important step is to back up your seed recovery phrase.

11. To confirm that it has been backed up securely, re-enter your account password.

A Coinbase Wallet Extension account has now been created.

After learning the procedure of the account set up it is time to go through the process of logging in. As it is the only process that will allow you to have access to the funds. So, learn this procedure a little more deeply and accurately for its execution in the future:

1. Open this link here https://www.coinbase.com/ 

2. Wait for the page to open and soon the official website of the Coinbase will open.

3. And since it is a login procedure, you should click on the Sign In button as presented on the screen.

4. A few details will be asked on the next screen that are required to be fulfilled. The said details asked can be your username, email address associated with it, and your account passcode.

5. Before pressing the Continue button, review all the entered details and rectify any error that is made.

After performing these five simple steps you will have access to your Coinbase Wallet Extension account. The execution of the login procedure was not as hard as it seems to be generally. 

The end of the article is here we assume that all the procedures executed through our guide were seamless. We sincerely hope that you will consider using this Coinbase Extension as it is a good choice for traders. The wallet offers an easy to navigate user interface that attracts users who are using the wallet for the first time. Even in the past, there is no such record that a wallet has been hacked or any breach in security has been faced. After considering and comparing the Coinbase Wallet with all other wallets, this wallet is better choice.