Coinbase Wallet is a popular self-custody crypto wallet designed to help users store, manage, and explore digital assets securely. Unlike the Coinbase Exchange, Coinbase Wallet gives users full control over their private keys, making it ideal for interacting with decentralized applications (dApps), NFTs, and DeFi platforms.
In 2025, Coinbase Wallet continues to be available as a mobile app (iOS & Android) and a browser extension for Chrome, Brave, and Edge.
✔ Multi-Asset Support Coinbase Wallet supports thousands of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (MATIC), Avalanche (AVAX), and ERC-20 tokens. It also enables users to store and view NFTs across supported blockchains.
✔ Access to DeFi & dApps The wallet provides seamless access to decentralized apps (dApps), DeFi platforms, NFT marketplaces, and Web3 services without relying on centralized intermediaries.
✔ Cross-Chain Compatibility Users can manage assets across multiple blockchains within one wallet, simplifying the Web3 experience.
✔ Built-in Token Swap Coinbase Wallet features a decentralized token swap option, allowing users to exchange tokens directly without third-party exchanges.
✔ Mobile & Browser Integration The wallet is available both as a mobile app and browser extension, offering flexibility for users across devices.
✔ Hardware Wallet Support For enhanced security, Coinbase Wallet integrates with hardware wallets like Ledger, providing additional protection for large holdings.
Self-Custody & Private Keys Coinbase Wallet operates as a non-custodial wallet. Users control their private keys, stored securely on their device. This means only the user can access their funds, unlike custodial wallets controlled by third parties.
Secret Recovery Phrase Upon setup, users receive a 12-word Secret Recovery Phrase. This phrase is the only way to restore access to the wallet if a device is lost or compromised. Users are urged to store this phrase offline and never share it.
Biometric Authentication & Password Protection Mobile users can enable Face ID, fingerprint authentication, and set strong passwords for an added layer of security.
Transaction Approval Each transaction requires manual approval, minimizing unauthorized activity.
Hardware Wallet Integration For advanced users, connecting a Ledger device adds hardware-level security, protecting private keys from online threats.
Wallet Creation Coinbase Wallet is free to download and set up.
Transaction Fees Blockchain network fees (gas fees) apply for sending crypto or interacting with dApps. These fees depend on the network (e.g., Ethereum, Polygon) and current congestion levels.
Swap Fees Token swaps within Coinbase Wallet incur service fees, typically ranging from 0.5% to 1%, plus any applicable network fees.
No Custodial Fees Since Coinbase Wallet is non-custodial, there are no holding or account maintenance fees.
Coinbase Wallet remains one of the most user-friendly and secure self-custody wallets for 2025. It offers extensive asset support, robust security features, seamless DeFi access, and hardware wallet integration. While users must manage their own private keys, the wallet empowers individuals to participate in the growing decentralized ecosystem with confidence.
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