Coinbase Wallet

Coinbase Wallet is a mobile cryptocurrency wallet and decentralized application (dApp) browser developed by Coinbase, one of the largest cryptocurrency exchanges in the world. It is designed to provide users with a secure and convenient way to store, manage, and transact with various cryptocurrencies and interact with decentralized applications on the Ethereum blockchain.

Coinbase Wallet allows users to store their private keys directly on their mobile devices, giving them full control over their funds. It supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and various ERC-20 tokens. Users can easily add new tokens to their wallets by manually entering the token contract address.

In addition to its wallet functionality, Coinbase Wallet also includes a built-in dApp browser. This allows users to access and interact with decentralized applications directly from the wallet interface. By integrating the dApp browser, Coinbase Wallet enables users to interact with decentralized finance (DeFi) protocols, participate in token sales (ICOs), and use other blockchain-based services.

One of the key features of Coinbase Wallet is its emphasis on user privacy and security. The private keys are stored locally on the user’s device and are protected with secure encryption. Coinbase does not have access to the user’s private keys, which means the user has full control over their funds and can manage them independently.

It’s important to note that Coinbase Wallet is separate from the main Coinbase platform, which is primarily an exchange for buying and selling cryptocurrencies. However, Coinbase Wallet can be linked to a Coinbase account, allowing users to easily transfer funds between the two platforms.