Coinbase Simple Trade

Coinbase Wallet

What you should know about Coinbase Wallet

Full Self-Custody: You have absolute control over your private keys, but this means you are solely responsible for your security; if you lose your 12-word recovery phrase, your funds are gone forever.
Not the Same as the Exchange: Unlike the main Coinbase exchange, this wallet is non-custodial and is not covered by any exchange insurance or reimbursement policies.
Web3 & DApp Hub: It serves as a gateway to decentralized finance (DeFi), NFTs, and thousands of tokens across multiple blockchains like Ethereum, Solana, and Base.
Security Trade-offs: While it supports biometric locks and cloud backups, your security is only as strong as your device or the cloud account (Apple/Google) you use for backups.

Coinbase Wallet is a self-custody crypto wallet that puts you in complete control of your digital assets. Unlike the main Coinbase exchange app, Coinbase Wallet allows you to manage your own private keys, interact directly with decentralized finance (DeFi) protocols, and store your NFTs securely.

Self-Custody

You own your private keys. Assets are stored securely on your device, not on the Coinbase exchange.

DeFi & DApps

Seamlessly connect to decentralized finance apps and trade on DEXs directly from your wallet.

NFT Gallery

View, manage, and showcase your NFT collection with an intuitive, built-in gallery.

Multi-Chain

Support for Ethereum, Solana, and EVM-compatible chains in one place.

Security & Backup Checklist

As a self-custody wallet, your security is in your hands. Follow this mandatory setup process:

Official Source Only: Only download from the official iOS App Store or Google Play Store.
Seed Phrase Backup: Write your 12-word recovery phrase on physical paper. Never store it digitally or share it with anyone.
Biometric Lock: Enable FaceID/Fingerprint authentication in the settings for an extra layer of protection.
Encrypted Cloud Backup: Use the secure, encrypted cloud backup feature to avoid losing your recovery phrase if your device is lost or damaged.

Device Compatibility

Platform	Support
iOS	iOS 14.0 or later
Android	Android 9.0 or later
Desktop	Chrome/Brave Extension