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Phantom Wallet Integrates Coinbase's Ethereum L2 Blockchain, Base, Expanding Multichain Support

Patricia Arquette
Patricia ArquetteOriginal
2024-10-09 00:04:12836browse

Phantom Wallet has announced the integration of Coinbase's Ethereum Layer 2 blockchain, Base, into its platform. This significant update allows users to manage assets across multiple blockchains, including Solana, Ethereum, Bitcoin, and now Base, within a single wallet.

Phantom Wallet Integrates Coinbase's Ethereum L2 Blockchain, Base, Expanding Multichain Support

Phantom Wallet has announced the integration of Coinbase's Ethereum Layer 2 blockchain, Base, into its platform. This addition to Phantom Wallet's multichain capabilities allows users to manage their digital assets across multiple blockchains, including Solana, Ethereum, Bitcoin, and now Base, within a single wallet.

Phantom Wallet users can now access their favorite DeFi and NFT applications, seamlessly sending, receiving, and buying tokens like USDC and ETH on the Base network. This integration also enables users to purchase cryptocurrencies using various payment methods, such as debit cards, credit cards, Apple Pay, and Coinbase, to effortlessly acquire any token they desire.

With this update, Phantom Wallet has also introduced enhanced security features. Users can now connect their Ledger on the Phantom mobile app and browser extension to ensure their crypto assets are kept even safer. Additionally, the wallet includes spam detection to filter out spam NFTs and tokens, protecting users from scams and malicious transactions.

The integration of Base opens up new opportunities for Phantom Wallet users to explore a growing range of DeFi applications and NFT platforms within the Base ecosystem. Users can easily view, manage, and showcase their NFTs and collectibles from across multiple blockchains, including Base. This integration also allows for more extensive cryptocurrency trading, including popular tokens and meme coins, across Base, Ethereum, Solana, and other chains.

Phantom Wallet's team expressed their excitement about making it simple and secure for users to explore and use the Base network, highlighting the growing range of apps, tokens, and NFTs available on Base, promising a more enriched and versatile crypto experience for their users.

"We're stoked to have Phantom be a part of Base from day 1, making it simple secure for users to explore a growing range of apps, tokens, NFTs," the Phantom team stated in their announcement.

Jesse Pollak, the creator of Base, also shared his enthusiasm on his official X handle, emphasizing the collaborative and innovative spirit of the blockchain community. He highlighted that Base users can now explore Solana on Phantom, fostering better results and experiences in the blockchain space.

"Phantom on Base! Base users can now use Phantom to explore Solana. Together, we're making it easier for users to navigate and use multiple blockchains, leading to a more vibrant and expansive crypto experience," Pollak noted in his announcement.

Phantom Wallet's integration of Base marks a significant step forward in providing a comprehensive and secure multichain wallet experience, catering to the evolving needs of the cryptocurrency community.

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