Q. What is Coinbase Wallet?
janhvi

Technical writer


What is Coinbase Wallet?

Coinbase is one of the world’s largest cryptocurrency exchanges. It’s a great platform for beginners, but it is also a good option for advanced users.

It is easy to set up a Coinbase wallet and create an account. While Coinbase supports and operates the wallet, it is a separate software application from the Coinbase Exchange.

Coinbase Wallet has a great feature: you do not need to be a Coinbase client to use it. It’s not necessary to create a Coinbase Account. However, creating one can make the process easier. Those who trade crypto on another exchange can still take advantage of the wallet’s low cost services by downloading the app from the official website or Google Play.

Users of Coinbase Wallet can purchase, sell and swap cryptocurrencies without incurring any network fees. They can also adjust the fees that they pay.


0

Answers

2

Views

14

May, 2025

Asked in Category

Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

  • 2 views overall.
  • Asked on