Web3.0 Coinbase Wallet Beginner Tutorial
- ThomasOriginal
- 2024-09-20 17:34:01564browse
Coinbase Wallet is a non-custodial cryptocurrency wallet that provides complete control over your crypto assets. Its main functions include: storing crypto assets, purchasing crypto assets, receiving and sending crypto assets, managing mnemonic phrases, connecting DApps, supporting NFT and asset tracking.
Web3.0 Coinbase Wallet Beginner Tutorial
What is Coinbase Wallet?
Coinbase Wallet is a non-custodial cryptocurrency wallet that allows users to securely store, send and receive crypto assets. It is independent from the Coinbase exchange and provides users with complete control over their cryptocurrencies.
How to create a Coinbase wallet?
- Visit the Coinbase Wallet website or download the mobile app.
- Create an account and verify your email address.
- Set a strong password and write down the mnemonic phrase. The mnemonic phrase is the only way to restore your wallet, so please keep it safe.
How to use Coinbase wallet?
Store Crypto Assets
- Buy Crypto Assets: Crypto assets such as Bitcoin and Ethereum can be purchased directly using the Coinbase wallet.
- Receive crypto assets: Provide your wallet address to receive crypto assets sent by others.
Send Crypto Assets
- Enter the recipient’s wallet address.
- Enter the sending amount.
- Pay the mining fee and confirm the transaction.
Receive Crypto Assets
- Provide your wallet address to the sender.
- Once funds are sent, they will appear in your balance.
Manage mnemonics
Mnemonics are very important, please keep them properly.
- Save multiple copies of the mnemonic phrase.
- Do not store it on a digital device.
- If you lose your mnemonic phrase, you will lose access to your wallet.
Other Features
- DApp Browser: Connect to decentralized applications (DApps).
- NFT Support: Store and manage NFTs.
- Asset Tracking: Monitor the value of your crypto assets.
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