Coinbase Wallet - How To Use Coinbase Wallet
Coinbase Wallet is a regulated and self-custody crypto wallet that helps you to control your crypto funds, private keys, and data. This wallet gives access to buy and store tokens, participate in airdrops and ICOs, and so on. You can browse decentralized apps and shop at stores that accept cryptocurrency with the help of this wallet. Coinbase exchange users can easily connect with this wallet to buy and sell cryptocurrencies.
You can get this wallet from the official site of Coinbase or the application store of your (Android or iOS device). After getting the app, you can set up your own Coinbase Wallet and get the private keys for your wallet account. Coinbase keeps your identity private and it does not save your private keys in its records. So, make sure to keep your private key safe as it will help you to import your wallet.
The procedure to get the Coinbase Wallet
People can get the wallet from the application store of their Android device or iPhone. To get the wallet on your device, you need to follow the steps that are given below:
Open the application store on your device- Android/iOS
Get the search bar and type the ‘Coinbase Wallet’ in it
Find the search icon and click on it
Now, you need to get the app icon and click on it
Then, discover the ‘Get’ or ‘Install’ button and click on it
The wallet will be installed on your device soon
Way to setup Coinbase Wallet
If you have installed the wallet mobile app then you need to set up your wallet to start using it. To set up your Coinbase wallet, follow the steps that are given below:
Launch the Coinbase Wallet app on your mobile (Android or iOS)
Now, navigate yourself towards the setup page
Look for the ‘Setup Wallet’ option and click on it
Now, you need to create a password for your wallet
Set a password and confirm it later
Check the box next to Coinbase terms of use and then click the ‘Next’ button
From this page, get the private key for your wallet
Now, note down the private key and keep it in a safe place
On the next page, validate the private key
To validate the key, enter it in its original order
Now, you need to get and click on the ‘Finish Setup’ button
Finally, your Coinbase Wallet is ready to use
The process to Coinbase Wallet login with password
If you are logged out from your wallet but you remember the password then you can access the wallet by following the steps that are given below:
Open the Coinbase Wallet app on your mobile- Android/iOS
Navigate yourself to the wallet login page
Now, feed the password details and click the ‘Login’ button
Finally, you have logged in to your wallet with a password
Method to recover the Coinbase Wallet
Wallet users who have lost access can recover it by providing the private key on the wallet recovery page. To access your Coinbase wallet, you need to follow the steps that are given below:
Open the wallet app on your mobile (Android/iOS)
Detect the ‘Import Wallet’ option and click on it
Now, you need to enter the private key in the respective field
Then, in the next field, type a new password for your wallet account
Validate the password and then click the ‘Import’ button
Now, your Coinbase Wallet will be recovered successfully
Conclusion
To sum up, people who want to trade cryptos securely and easily can use the Coinbase Wallet. Getting and setting this wallet that has been developed by the Coinbase incorporation is quite easy. The instructions and procedures that are mentioned above on this page will help you to set up your crypto wallet without any issue. In case you are still experiencing any type of issue with the Coinbase wallet setup process then you need to speak about the issue with the Coinbase support agent. For more information, you can visit the Coinbase official website.