Overview
Coinbase wallet is a versatile and beginner-friendly non-custodial wallet that supports a wide range of cryptocurrencies and blockchain networks. It is available as a mobile app (iOS and Android) and a browser extension.
Coinbase wallet supports major networks like Bitcoin, Ethereum and EVM-compatible networks, Solana, and more.
Pros:
– User-Friendly Interface and multi-network support, making it ideal for beginners.
– Seamless asset transfer between Coinbase Wallet and the Coinbase exchange
– Supports staking for multiple tokens
– Built-in swapping feature for Ethereum-based tokens
– Built-in dApp browser provides direct access to decentralized applications
– Built-in NFT gallery simplifies NFT management compared to wallets with less robust interfaces
– Biometric authentication and encryption provide an extra layer of protection, which some competitors may lack.
– Supports hardware wallet integration
Cons:
– With no built-in fee optimization tools, network fees can be high.
– While non-custodial, its association with Coinbase may concern users who prefer fully independent wallets.