Coinbase® Wallet Extension - The Coinbase extension

Coinbase adheres to regulatory standards in the jurisdictions where it operates, providing users with a compliant and secure trading environment.

Coinbase Wallet Extension:

What is Coinbase Wallet?

Coinbase Wallet is a self-custody cryptocurrency wallet that allows users to manage their Ethereum-based assets directly from their browsers. It is separate from the main Coinbase platform and provides users with more control over their private keys.

Key Features:

1. Ethereum Assets:

   • Coinbase Wallet primarily supports Ethereum and ERC-20 tokens, allowing users to store, send, and receive these assets.

2. Decentralized Applications (DApps):

   • The wallet includes a built-in DApp browser, enabling users to access decentralized applications directly from the Coinbase Wallet extension.

3. Secure Private Key Storage:

   • Users have control over their private keys, enhancing security and ensuring that they have full ownership of their funds.

4. Biometric Authentication:

   • Coinbase Wallet allows users to add an extra layer of security through biometric authentication, such as fingerprint or facial recognition.

How to Use Coinbase Wallet Extension:

1. Installation:

   • Users can add the Coinbase Wallet extension to their browser from the respective browser extension stores (e.g., Chrome Web Store).

2. Create or Import Wallet:

   • New users can create a new wallet within the extension, while existing users can import an existing Coinbase Wallet or create a new one.

3. Secure Access:

   • Users can secure access to their wallet with a password, PIN, or biometric authentication, depending on their device capabilities.

4. Manage Ethereum Assets:

   • Once set up, users can manage their Ethereum-based assets, view transaction history, and send/receive funds within the Coinbase Wallet extension.

5. Explore DApps:

   • The integrated DApp browser allows users to explore and interact with decentralized applications directly from the wallet.

Security Measures:

1. Private Key Ownership:

   • Users have sole ownership of their private keys, enhancing security and reducing reliance on third-party custodians.

2. Biometric Authentication:

   • The option for biometric authentication adds an extra layer of security when accessing the wallet.

3. Recovery Phrases:

   • During the wallet creation process, users are provided with a recovery phrase. Safeguarding this phrase is crucial for wallet recovery in case of device loss.

Coinbase Platform:

Overview:

Coinbase is a popular cryptocurrency exchange that caters to both beginners and experienced traders. It provides a user-friendly platform for buying, selling, and storing various cryptocurrencies.

Key Features:

1. Wide Range of Cryptocurrencies:

   • Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.

2. Fiat Onramps:

   • Users can buy cryptocurrencies using fiat currencies through various payment methods, making it accessible to a broader audience.

3. Secure Storage:

   • Coinbase offers secure storage of cryptocurrencies for users who prefer a custodial solution. The majority of funds are stored in offline cold storage for added security.

4. User-Friendly Interface:

   • The platform's intuitive design makes it suitable for users new to the cryptocurrency space.

5. Educational Resources:

   • Coinbase provides educational resources to help users understand cryptocurrencies and make informed investment decisions.

How to Use Coinbase:

1. Account Creation:

   • Users need to sign up for a Coinbase account by providing the necessary information and completing the identity verification process.

2. Deposit Funds:

   • After account creation, users can deposit funds into their Coinbase accounts using bank transfers, credit/debit cards, or other supported payment methods.

3. Buy/Sell Cryptocurrencies:

   • Once funded, users can buy and sell a variety of cryptocurrencies through the platform's user-friendly interface.

4. Secure Storage Options:

   • Users can choose to leave their cryptocurrencies within the Coinbase platform or transfer them to their self-custody wallets for added security.

5. Educational Resources:

   • Coinbase provides educational content, including articles and tutorials, to help users understand the cryptocurrency market and blockchain technology.

Security Measures:

1. Two-Factor Authentication (2FA):

   • Coinbase encourages users to enable 2FA to enhance the security of their accounts.

2. Insurance:

   • Coinbase provides insurance coverage for digital assets stored on the platform, offering an additional layer of protection.

3. Secure Storage Practices:

   • The majority of user funds are stored in offline cold storage, reducing the risk of online hacking.

4. Regulatory Compliance:

   • Coinbase adheres to regulatory standards in the jurisdictions where it operates, providing users with a compliant and secure trading environment.

Coinbase Wallet vs. Coinbase Platform:

While both the Coinbase Wallet extension and the Coinbase platform offer cryptocurrency-related services, they cater to different needs. The Coinbase Wallet extension is designed for users who prioritize self-custody and want to interact with decentralized