Exchanges
United KingdomAustraliaUnited States
ReviewsGuidesDeals

Coinbase wallet app - Best for beginners

William
William
October 31, 2021
1 min

Share

Why Coinbase: We consider Coinbase the most beginner-friendly Bitcoin wallet because it is free, highly secure, and easy to use.

Coinbase Wallet Overview

The Coinbase wallet app (not to be confused with the Coinbase exchange) is a free app-based crypto vault that stores and facilitates sending and spending your Bitcoins. Released in 2017, the wallet app was developed and is maintained by Coinbase and is available for both Android and iOS devices. It is easy to set up, features an easily navigable interface, and integrates a Web3 DAPP browser that lets you interact with different eth-based decentralized apps.

The app encrypts your private keys and stores them in your device, with the option of creating a backup on Google Drive. It also embraces the Secure Element technology in guaranteeing that not even Coinbase developers have access to your encrypted keys stored in your device. During wallet setup, you are provided with a 12-word seed phrase that comes in handy when recovering a lost wallet or moving the keys to another mobile device.

Pros

  • Features an intuitive and beginner-friendly user interface.
  • You can easily link the wallet with the Coinbase exchange to ease the crypto buying and selling process.
  • Embraces Biometric authentication i.e. fingerprints and face ID for secure logins and funds transfers.

Cons

  • Some users have complained about the high number of integrated features being overwhelming.
  • It is a hot wallet and susceptible to the inherent risks associated with online Bitcoin wallets.
Website:
Link
Country:
US
Transaction Fees:
0%
Currencies Available:
ERC20
William

William

Editor

William is one of the editors at Evening Star and has a huge passion for crypto and DeFi (decentralized finance). When he's not researching the latest ICO, William is busy collecting Crypto Punks.
© 2021, All Rights Reserved.

Quick Links

Advertise with usAbout UsContact Us

Social Media