Coinbase Wallet has rapidly risen to become the most popular self-custody wallet. They want to be able to interact with decentralized applications (dApps) and decentralized finance (DeFi) platforms. This crypto wallet is your key to exploring dApps on Ethereum, Polygon and Solana. It opens you up to leading DeFi platforms like Compound, Aave, and MakerDAO.
The wallet has garnered positive feedback, reflected in its high ratings on the App Store (4.6/5 with 158,000 reviews) and Google Play (4.1/5 with 124,000 reviews). Coinbase Wallet is supporting all of the standard EMV-compatible networks and ERC-20 tokens.
Coinbase Wallet sets itself apart from competitors with a robust feature set. You’ll be treated to multi-wallet support for Ethereum as well as Solana. Enjoy a built-in, comprehensive decentralized exchange (DEX), dynamic NFT storage, and frictionless connectivity to dApps and DeFi ecosystems.
As a self-custodial wallet, Coinbase Wallet gives users full control of their assets and private keys. The wallet doesn’t charge any fees to have assets in the wallet or transfer them from one wallet to another. Though it does avoid the spread, it does impose a 1% fee for crypto-to-crypto swaps.
Intuitive “Smart Wallet” feature takes the guesswork out of onboarding. For starters, users can generate a wallet in seconds, without the burden of downloading an extension or mobile app first. To provide an extra layer of security, Coinbase Wallet connects with Ledger hardware wallets, such as the Nano X and Nano S.
Coinbase Wallet makes it easier than ever to buy, manage, and store NFTs on Ethereum, Base, Optimism, Polygon, and Solana. Plus, it’s super simple to sell your NFTs on platforms like OpenSea, Rarible, or Foundation. Simply connect your wallet to Magic Eden, OpenSea, LooksRare, or Blur with just a few clicks!
The integrated DEX enables easy token swaps between numerous networks such as Ethereum, Base, Optimism, Polygon, BNB Chain, Arbitrum, and Avalanche. Plus, you’ll make the most of pro features such as adjustable slippage tolerance between 0.5% – 99%. Additionally, there’s a gasless mode, allowing users to pay network fees with the token they’re swapping.
Coinbase Wallet offers a Coinbase Wallet SDK, giving developers powerful tools to connect their dApps with the wallet. Qualified users will be able to earn up to 4.1% APY for holding USDC in their on-chain wallet.
