Coinbase
vs
Binance
Crypto wallets (15)
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8.3
10
Overall Rating

For users who already use Coinbase as an exchange, the Coinbase Wallet is certainly a great offer, as the app can be linked to the exchange account if desired. But the Coinbase wallet is also a very good solution for users of other exchanges, especially for beginners. The app is intuitive to use, is clear and has a high-quality design. Coinbase also offers a browser extension that provides an easy access point to Web3 applications. One negative point, however, is the customer support, which, similar to the Coinbase exchange, responds very sporadically and often leads to dissatisfaction among some users. Nevertheless, we can recommend the Coinbase software wallet, especially for beginners.

Read Review
By  
Ethan Parker
Senior Content Editor

Coinbase Wallet

Hardware

Price
Secure Elements
FIDO U2F Authenticator
yes
Yes
no
No
Certification
Processing quality
Low
Medium
Large
Service
Screen
Interfaces
Dimension
Weight
Scope of delivery

Coinbase Wallet

User Interface

Offer and features of

Coinbase Wallet

Functionality

Buy & Sell
yes
Yes
no
No
Staking
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
Backup
Recovery Seed (12 Words)
Particularities
-
Available for US users?
yes
Yes
no
No

Unique Features

  • Browser extension
  • Lending (earning interest)
  • DApp Browser

Platforms

iOS App
yes
Yes
no
No
Android App
yes
Yes
no
No
Desktop App
yes
Yes
no
No

Our

Coinbase Wallet

Review

Test Result

Overall rating
8.3
10
Operation
10
/10
complicated
simple
Functions & Scope
9
/10
simple
extensive
Supported Assets
8
/10
few
many
Security & Trust
8
/10
low
high
Beginner friendliness
10
/10
unsuitable
very suitable
Support
5
/10
bad
good

Conclusion

For users who already use Coinbase as an exchange, the Coinbase Wallet is certainly a great offer, as the app can be linked to the exchange account if desired. But the Coinbase wallet is also a very good solution for users of other exchanges, especially for beginners. The app is intuitive to use, is clear and has a high-quality design. Coinbase also offers a browser extension that provides an easy access point to Web3 applications. One negative point, however, is the customer support, which, similar to the Coinbase exchange, responds very sporadically and often leads to dissatisfaction among some users. Nevertheless, we can recommend the Coinbase software wallet, especially for beginners.

By  
Ethan Parker
Senior Content Editor

Pro's & Con's

What we like:
  • Very easy to use
  • Clear app
  • Browser extension
  • Integrated DApp browser
  • Optional link to Coinbase
What we don't like:
  • Poor customer support
  • No desktop app
POWERED BY AI

Coinbase Wallet

User Reviews

We compile and highlight user feedback from leading review platforms, social networks, and various online sources to provide you with a comprehensive overview of user experiences and user reviews
reddit
g2 crowd
twitter
trustpilot
sikayetvar
Propose change
Operation and user-friendliness

The Coinbase Wallet is often praised for its simple interface and ease of use. Users particularly appreciate the ease of setup and navigation. However, some users criticize the sometimes slow app performance and occasional technical issues.

Functions and offer

The Coinbase Wallet is praised for its extensive features, including the DApp browser feature and support for a wide range of cryptocurrencies and ERC20 tokens, but some users express a desire for more advanced analytics tools and features.

Supported assets

The Coinbase Wallet supports a wide range of cryptocurrencies, including all the major names like Bitcoin, Ethereum, and a variety of ERC20 and ERC721 tokens. However, some users express a desire for support for even more cryptocurrencies and special tokens.

Security and trust

The Coinbase Wallet is praised for its strong security measures, including biometrics and two-factor authentication (2FA). Since it is a non-custodial wallet, users retain full control over their private keys, which is generally seen as a positive security feature. However, some users raise concerns about security on mobile devices.

Beginner friendliness

The Coinbase wallet is often described as being particularly beginner-friendly. It offers easy setup and use, making it a good choice for those new to crypto. However, some users point out that despite the overall ease of use, some learning curve is required.

Support

Experiences with Coinbase Wallet support are mixed. Some users praise the helpful and responsive customer service, while others report slow response times and unresolved issues.

Conclusion –
Coinbase Wallet

In summary, the Coinbase Wallet generally receives positive reviews for its ease of use, broad cryptocurrency support, and strong security measures. Opinions are mixed on beginner-friendliness and customer service, and there are some technical concerns. Overall, however, the experience is mostly positive, indicating general user satisfaction with the Coinbase Wallet.

About

Heading

Coinbase Wallet

Software
The Company
Coinbase, Inc.
Headquarters
USA
Company size
Small
Medium
Large
Regulation
BaFin, FCA, FinCEN
Founder
Brian Armstrong, Fred Ehrsam
Year of foundation
2012

Summary

By
Ethan Parker
Updated:
June 11, 2024

About the author

Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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Coinbase Wallet
Software Wallet • For Beginners • International
Coinbase Wallet
Software Wallet • For Beginners • International
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