Coinbase Extension

Optimize your crypto journey with Coinbase Extension – manage portfolios, track prices, and execute trades seamlessly. Elevate your trading experience effortlessly.

Who is Coinbase Wallet suitable for?

• Current Coinbase exchange users. If you already use Coinbase to trade and need a wallet to store your tokens, then Coinbase Wallet is an ideal solution, as it integrates seamlessly with the trading platform. You can also cut transaction fees by transferring money between Coinbase Wallet and Coinbase accounts compared to other wallet apps.

• People with diversified crypto portfolios. The Coinbase wallet supports thousands of tokens, from popular ones like Ethereum and Solana to less popular ones like Zora. Coinbase Wallet can be a solid place to store your tokens if you have a crypto portfolio spread across different assets.

• People who want to be in control of their assets. Coinbase Wallet is a self-managed wallet, so users retain control of their tokens and keys. No third party can forge money without your permission.

• NFT trader. Coinbase Wallet makes buying non-fungible tokens (NFTs) easy with your debit or credit card.

Crypto asset storage

Coinbase’s mobile wallet does a good job of sending and receiving. The wallet can support nearly all digital assets on the market, discover decentralized applications and manage their Polygon-based Ethereum and NFT.

Buy and sell crypto assets

Through the app’s decentralized exchange feature, users may immediately trade assets based on Ethereum and Polygon. The in-app cryptocurrency buying feature enables the purchase of non-Ethereum and Polygon assets. Users of Coinbase Wallet can also stake their cryptocurrency holdings to earn interest on them.

The payment methods you use on the Coinbase exchange are connected to the buying feature in Coinbase Wallet. In order to connect to your bank, Coinbase uses Plaid.

Swap

The swap experience (exchanging one token for another) works the same as it does on a Chrome extension. There is no adjustment to slippage, but the swaps execute smoothly.

Bridge

Coinbase Bridge allows you to move cryptocurrencies across blockchains. Transactions take a few minutes.

Ledger Support

One downside to using Ledger with Coinbase Wallet is that you have to start with a new Coinbase Wallet. With MetaMask you can connect to an existing wallet (but Ledger adds a new account).

Fee

Downloading and storing your digital assets on Coinbase Wallet is free. However, transactions such as depositing or withdrawing from wallets to external wallets are not free. The purchase, sale or exchange of coins incurs additional fees. You also have to pay a spread for each crypto buy/sell order.

There are no fees for transactions made between two Coinbase wallets. For other wallets, you will only pay the network fee, which varies depending on the token and network demand at that particular time.

If you connect your Coinbase Wallet to your Coinbase account to trade, you will be charged a fee of 0.5% to 4.5% for transactions depending on the token, volume, and payment method. maths.

You will pay a flat fee of 1% if you want to exchange one token for another in your Coinbase wallet.

Compared to other wallets, Coinbase fees are relatively high. However, users can choose to customize how much they pay for network (miner) fees, depending on how long they are willing to wait for their transaction to be processed.