Top wallets
Coinbase Wallet
Description
Coinbase Wallet is a non-custodial cryptocurrency wallet developed by Coinbase, offering secure and intuitive access to the decentralized world.
By the end of 2024, the number of active mobile crypto wallet users reached a record 36 million, highlighting the growing interest in digital assets.
Key features of Coinbase Wallet:
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Security: Coinbase Wallet uses multiple layers of protection, including two-factor authentication (2FA), biometrics (facial or fingerprint recognition), and private key encryption. The wallet also integrates transaction verification tools from Blockaid, which have helped prevent over $75 million in losses by blocking malicious dApps.
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Smart wallet with cloud backup: The latest smart wallet feature uses biometric passkeys (such as Face ID or Touch ID) and stores backups in the cloud. This greatly simplifies access across devices, although it differs from the traditional self-custody model with a recovery phrase.
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Built-in dApp browser: Coinbase Wallet includes an integrated browser for decentralized applications, featuring a selection of the most popular dApps on supported networks. This streamlines interaction with DeFi protocols, games, Web3 social platforms, and more.
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Spam protection: The wallet automatically hides known scam tokens and allows users to report suspicious assets, reducing the risk of interacting with fake tokens.
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Multiple address support: Users can create multiple addresses on Ethereum and Solana, making it easier to separate assets and Web3 identities for better convenience and privacy.
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Permission management: Users can review and revoke permissions granted to dApps, minimizing the risk of unwanted interactions.
Coinbase Wallet is available as a mobile app for iOS and Android, as well as a Chrome browser extension.
Thanks to its user-friendly interface and robust security tools, it is suitable for both beginners and experienced Web3 users.
Main characteristics
| Name | Value |
|---|---|
| Wallet Name and Brand | Coinbase Inc. brand; widely recognized globally |
| Type of Crypto Wallet | Mobile & browser extension; non-custodial |
| Supported Crypto Assets | Supports thousands of tokens across several chains |
| Stablecoin Support | Yes—stablecoins like USDC, USDT, DAI are fully supported |
| Deposit Methods | Direct crypto deposits; also supports fiat purchases via partners |
| Deposit Limits | No internal limits; subject to blockchain constraints and partner limits |
| Crypto-to-Fiat Conversion Method | Built‑in swap for tokens; fiat off-ramp via Coinbase exchange required |
| Size of Conversion Fee | Swap spread similar to MetaMask (~0.5–1%) |
| Transaction Fees Within the Network | Only blockchain fees; transparent display |
| Fixed Fees | No subscription fees |
| Built-in Exchange Features | Built-in swap function aggregates liquidity on supported networks |
| Multi-currency Balance Support | Yes – robust multi-currency portfolio |
| Web3 Service Integration | Integrated dApp browser enables seamless Web3 access |
| Staking or Lending Features | No native staking; relies on external dApps |
| Referral Program | No built-in referral program |
| Obligatory KYC Requirements | No KYC for wallet; required only when linking to Coinbase exchange |
| Verification Levels and Their Details | N/A for wallet use; Coinbase exchange has its own tiers |
| KYC Processing Speed | Not applicable |
| Minimum Verification Threshold for Basic Usage | None |
| Security Measures | Strong security via password, PIN, and backup seed |
| Key Storage Model | Non‑custodial – keys stored on user device |
| Backup Features | Provides a seed phrase backup during setup |
| Platform Transparency | Transparent fee and support documents |
| Asset Insurance Availability | No insurance; user responsible |
| Multi-signature Support | Not available |
| User Interface and Usability | Clean and intuitive design; similar to a mobile bank app |
| Availability of Mobile App | Yes – robust mobile application available |
| Compatibility with Mobile Operating Systems | Fully optimized for iOS and Android |
| Compatibility with Desktop Operating Systems | Desktop wallet version available; also mobile app |
| Web Interface | Yes – full web interface via Coinbase website |
| Support for Additional Platforms and Devices | Includes both mobile app and browser extension |
| Transaction Speed | Quick initiation; network conditions set final speed |
| Cross-chain Exchange Support | Supports multiple chains via custom network settings |
| Transparency of Fees and Terms | Transparent fee structure with upfront display of costs |
| Update Frequency | Regular software updates; part of Coinbase’s robust tech cycle |
| Company History and Brand Reputation | Coinbase is one of the most recognized crypto companies globally |
| User Reviews and Independent Ratings | High ratings (4.5+ stars); compliments on ease-of-use and functionality |
| Customer Support Quality | Extensive support resources provided by Coinbase; robust customer service |
| Geographic Availability | Globally available; no major geographic restrictions |
| Compliance with European Regulations and Standards | Coinbase’s custodial services are fully regulated in the EU |
| Availability for EU Residents | Fully available; supports multiple local currencies including EUR |
| Integration with Exchange Services and Liquidity Aggregators | Built-in swap function aggregates liquidity from various sources |
| Support for Decentralized Applications (dApps) | Integrated dApp browser offers seamless access to decentralized apps |
| Portfolio Management Tools | Robust portfolio management with price charts, allocation, and history |
| Customization Options for Settings and Filters | Extensive customization including notification, theme, gas fee, and token filters |
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