unlike coins kept on exchanges you qualify for airdrops with your Coinbase Wallet address).Īlthough it is neat that you can store some non-Ethereum related assets on this wallet (that was an update post-launch), its main function right now is being an Ethereum-based “Web3” wallet and Ethereum DAapp browser, so the rest of the page will focus on those functions.īottom line: Coinbase Wallet is a user-friendly alternative to other popular Web3 wallets like Metamask and MyEtherWallet.Ĭoinbase Wallet Has Limits: Coinbase wallet is less integrated with DEXs than other Web3 wallets. And, it is a wallet that qualifies you for airdrops and other giveaways (i.e.Like MetaMask and a web browser, Coinbase Wallet is an interface for accessing Ethereum-based applications (for example decentralized exchanges or DEXs).Like MyEtherWallet, Coinbase Wallet is a place to store Ethereum tokens (for example both ERC-20 and ERC-721 tokens).Like the wallets on (Coinbase Consumer), you can store coins like Bitcoin on this wallet.In other words, Coinbase Wallet is a phone app for Android and IOS by the company Coinbase that pairs with their other products to let you store, send, and receive coins like Bitcoin and Bitcoin Cash, Ethereum, most Ethereum Tokens, and ETC… and lets you access DApps on the Ethereum network! Please note that “Coinbase Wallet” is not the same product as Coinbase’s main platform “ Coinbase Consumer.” Coinbase Wallet is a multi-coin wallet, Ethereum wallet, and Ethereum browser that lets you store coins, manage Ethereum-based tokens, and access DApps.
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