Frequently asked questions

Question 1

What is Coinbase Wallet?

Accepted Answer

Coinbase Wallet is categorized as a software wallet / hot wallet designed for mobile and browser environments. Coinbase Wallet supports a wide range of of cryptocurrencies across multiple blockchains, offering built-in swaps, staking, and NFT management within a user-friendly interface.

Question 2

Is Coinbase Wallet safe & legit?

Accepted Answer

Coinbase Wallet is non-custodial and closed source. Coinbase Wallet has no public record of hacks, scandals, or criminal charges. Security measures include encrypted key storage, biometric authentication, passcodes, and recovery phrases.

Question 3

Who created Coinbase Wallet?

Accepted Answer

Coinbase Wallet was aquired by Coinbase Global, Inc. a company founded by Brian Armstrong.

Question 4

Where is Coinbase Wallet's company based?

Accepted Answer

Coinbase Global, Inc., the company behind Coinbase Wallet, is headquartered in San Francisco, California, United States.

Question 5

How does Coinbase Wallet work?

Accepted Answer

Coinbase Wallet can be installed as a mobile application and browser extension, allowing users to set up a non-custodial wallet that generates and stores private keys locally. Coinbase Wallet connects to decentralized applications through deep links or built-in dApp browsers, supports Base App for expanded onchain functionality with optional passkey backup to simplify recovery.

Question 6

When was Coinbase Wallet launched?

Accepted Answer

Coinbase Wallet was launched May 29, 2017.

Coinbase Wallet

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