![]() Both your recovery phrase and this password should be kept private.Step 6: After you have done all the above steps your wallet is ready to use.Step 7: Now for logging in, you need to just open the Coinbase wallet app either through your phone or on your desktop browser and simply click on “Log in” and enter your credentials and password as mentioned at the time you were creating your account. Full API documentation Insurance protection All digital assets held in online storage are fully insured. Keep this safe because it is the key to accessing your wallet and Coinbase cannot recover it for you.Select between "Manual backup" or "Cloud backup." You must input a password to encrypt your backup if you back up to the cloud. Coinbase Pro is the best place to trade digital currency Industry leading API Our Websocket feed lets you easily gain access to real-time market data, while our trading API lets you develop secure, programmatic trading bots. Your recovery phrase is your wallet's key. We advise using biometric authentication.Step 5: Make a copy of your recovery phrase. This is how other Wallet users will be able to find you and send you money.Step 4: Decide whether you want biometrics or a passcode for security. The Coinbase Wallet is a Self-Custodied wallet, meaning you have sole control over your private keys and seed phrase, which in turn gives you access to your assets and is used to authorize transactions from your wallet.Step 1: Choose "Create a new wallet."Step 2: Read and agree to the Privacy Statement and Terms of Service.Step 3: Choose your username and privacy settings. Coinbase is not responsible for any lost funds when interacting with dapps. Please note that Coinbase is not affiliated with, and does not endorse these dapps. Shares the responsibility of knowing and storing your security key for your wallet between you and Coinbase, making wallet recovery more simple.Ĭoinbase will provide you with your own web3 wallet as a way for you to interact with various decentralized applications on the dapp browser. Provides an added layer of security by not having your full private key stored in one location Provides you with the convenience to easily access your wallet for interacting with dapps The Web3 wallet is a crypto wallet where Coinbase holds half of your private key and the device that your web3 wallet is on stores the other half. The Coinbase primary balance cannot be used to access dapps. Coinbase also safeguards your wallets private keys. With the primary balance, your cryptocurrencies are stored on and can be traded within your Coinbase account at fast speeds and for lower network fees. What is the difference between my Web3 wallet, my account on and my Coinbase Wallet?Ĭoinbase offers 3 different types of wallet accounts for users to interact with crypto products: Coinbase primary balance Assets inside the web3 wallet will be visible, but you won't be able to move them or transact with them. Users who interact with the dapp browser through the web will have a ‘read-only’ experience on the web of the web3 wallet. Learn more about recovering your web3 wallet here. ![]() You can only use the web3 wallet on one device at a time otherwise you will have to confirm your identity again. ![]() Web3 wallet is currently being released to a limited audience and may not yet be available for certain users to access. Web3 wallet, & Coinbase Walletĭapps Web3 wallet, & Coinbase Wallet Limited release. ![]()
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