Coinbase Wallet Login - Buy & Sell Bitcoin, Ethereum, and more

Originated from the United States, today, Coinbase is well-renowned in the world as it is the leading cryptocurrency exchange with exclusive features and a carefully engineered user interface. Benefitting all the new investors, its interface suits both beginners and advanced crypto investors.

It was initially known for trading (buy and sell) Bitcoin, but it eventually expanded and now lets users trade, store, and invest the crypto funds in over 50 different cryptocurrencies that are promising.

When it comes to storing crypto funds, the Coinbase Wallet can easily be named the best. It is highly secured and convenient. However, one significant thing you need to know about this digital wallet is that you are not mandated to have a Coinbase account to use it.

This detailed read will familiarize you with every aspect of the wallet that you can only use to benefit yourself or gain from.

THE WALLET CHARACTERISTICS

Three specific characteristics of the Coinbase Wallet are what make all the difference:

  • All cryptocurrencies can be safely stored in one place.

  • Assets (over 500) and DEXes can be traded to earn exciting interests.

  • Having a Coinbase Account is not a prerequisite of the app.

Other important things to know are:

  • Several crypto tokens are compatible with the app (BTC, ETH, LINK, LTC, USDT, USDC, BCH, UNI, and so many more).

  • There are biometric authentications, a Secure Enclave, and optional cloud backups that you can use to protect your keys.

  • Exciting digital collectables that make things more interesting (such as Punks, Kitties, and the like) along with trading and storing your NFTs in one place.

APPLICATIONS- COINBASE AND COINBASE WALLET

This section will help clear all your confusion about the Coinbase App and the Coinbase Wallet App being the same (if any).

Coinbase Application Program

This app is available for both Android and iOS. It is an original product by the company that allows individuals to trade in cryptocurrencies and can also be downloaded/installed through their official website.

It is an extra convenient exchange platform for secure crypto transactions that involve US Dollars and several other local fiat currencies. The app is available for usage in over 100 countries all around the world and lets users store their crypto funds to eliminate the stress of private key management.

Coinbase Wallet Application Program

This application is known to be a completely separate and standalone platform that users can keep to store and take custody of their crypto funds. Users are also eligible to explore the decentralized web existence with an available DApp browser. Put this app to use from anywhere you are.

The app has proven to be very effective in helping users with the management of private keys and storing their crypto funds or assets to their own devices.

There is no centralized exchange or brokerage for any of their services and would not prove to help link your bank accounts for trading or investing in cryptocurrencies by using funds in USD or any fiat currency.

A TOUR OF THE APPLICATION

This section will help you with a detailed walk-through of the Coinbase Wallet App as portrayed in the Google Play Store or App Store. Let’s take a look at the capabilities that have been combined in the application software:

  • It is a safe and protected crypto wallet that is user-controlled.

  • The app incorporates a Secure Element Technology that saves all your private keys on the device you use for the wallet, and it doesn’t have any access to your stored funds.

  • You get easy and exclusive access to Web 3 Decentralized Applications, also known as DApps that are primarily powered and brought to you by Ethereum Smart Contracts.

  • You are entitled to the ease of sending out cryptocurrency payments to any person from any location in the world.

  • You can also opt for a cloud backup (like saving it to your Google Drive, etc.) for all your Private keys to always retain them.

JOINING THE COINBASE WALLET PLATFORM

This section will help you create your profile or account for a Coinbase Wallet to trade and store your digital funds (any cryptocurrency). Listed below are the steps you, as a user, have to undergo for signing up:

  1. Begin with getting into the website or installing the application.

  2. Follow the prompted requirements and feed in the data.

  3. Carefully read their Privacy Policy and User Agreement.

  4. On agreeing to the terms, hit on the Check Box.

  5. Depending on the device, hit on either "Create Account" or "Sign Up".

  6. Check the provided email’s inbox for the verification email.

  7. Move on to verify your email and your submitted phone number.

  8. Provide the additional personal data it requires.

  9. Take time and carefully answer a few prompted questions.

  10. Go for the “Continue” option to finish the process.

Note: You may have to go through some additional steps to prove your identity and link the best-suited payment method based on country-wise regulations set by the Coinbase Wallet officials.

PURCHASING CRYPTO COINS ON THE WALLET APP

Once you’ve completed your sign up procedure, you can follow the below-mentioned steps to buy crypto coins or funds in your Crypto Wallet:

  1. Use your credentials to sign in to your account.

  2. Locate and get into the “Settings” option key.

  3. Look and go for the “Transfer” key link in “Settings”.

  4. Hit on any compatible cryptocurrency you’d like to buy.

  5. Type in the desired amount, and then hit on “Continue”.

  6. Go for the “Confirm” key and hit on a payment method.

  7. Follow all the prompted instructions.

Note: You can always hit “Back” if you are unable to decide on any point before making the purchase.

CONCLUSION

The above-detailed read is focused on familiarizing you with the Coinbase App and every detail that you, as a user or a potential user, should be aware of.

The read consists of the Coinbase features, the difference between the Coinbase app and the Coinbase Wallet app, a complete overview of the application software and the steps involved in signing up for the service app and making crypto purchases.