The boost of cryptocurrency has led to the introduction of new digital wallets in the market to store crypto coins. One of the most popular digital wallets is offered by Coinbase. Its popularity has made it rank among the top 3 digital wallet players out there. Founded in 2012, The brand is a trustable crypto exchange platform to trade your crypto coins anytime you want with advanced security features and customer support. Coinbase walletis incorporated with the exchange platform, which makes it the safest crypto wallet in the world, it uses hot storage for cryptocurrencies, which gives it the name of hot crypto wallet.
A look into the features:
It is quite an easy process with a few steps to be followed, and the Coinbase wallet will be up and ready to be used. Below are the steps for your convenience-
Once all 3 steps above are followed, then comes the part of adding a payment method to the wallet such as a credit card or bank transfer, through which you can flow the fiat money in and out of the wallet to invest in suitable crypto assets.
It is important to know that the wallet is supported by limited digital assets only so the user can know if this is the right platform for his purpose. Below is the complete list:
The wallet also supports more than 50 fiat currencies which can be used to add funds to the wallet.
User-friendliness and the strongest security features topped with a solid reputation sum up the Coinbase wallet to be an excellent digital Wallet, which has the potential to grow exponentially if it keeps on incorporating the rapid changes in the world of digital finance. Users don't have to think twice before diving into the crypto world with this wallet.