Coinbase is a leading crypto exchange, and it offers three different crypto wallets. The Coinbase Wallet is one of the exchange’s hot wallet products. The other two wallets offered are the Coinbase dApp Wallet and the storage available via Coinbase Exchange.
According to the company, Coinbase Wallet supports “hundreds of thousands” of crypto assets. But there are a few caveats. Most notably, Bitcoin is only supported through the wallet’s mobile app.
The Coinbase Wallet seamlessly connects to its native crypto exchange and many other major decentralized crypto exchanges (DEXes) such as Uniswap (UNI), Sushiswap (SUSHI), 1inch (1INCH) and TraderJoe, among others.
If you’re looking for cold wallet compatibility, Coinbase Wallet has teamed up with cold storage pal Ledger. Users can combine Ledger’s offline crypto storage with Coinbase Wallet’s assortment of features.
- Connects to several DEXes
- Compatible with Ledger for cold storage
- Scores of coins are available for staking
- Supports Ethereum- and Polygon-based NFTs
- Will not recoup stolen assets
- Bitcoin is only supported through Coinbase Wallet’s mobile app