Coinbase
vs
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Crypto wallets (15)
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Coinomi vs Coinbase Wallet in comparison

Overview

Description

Coinomi, launched in 2014, it is one of the oldest software wallets on the market, prioritizes security and privacy. The wallet provides a very simple UI with all essential functions for a crypto enthusiast.

Coinomi
Reviews

The Coinbase Wallet is the official wallet of the Coinbase, the leading cryptocurrencies exchange in the U.S. The Coinbase wallet is designed for beginners, provides rich features and access to the decentralized web.

Coinbase Wallet
Reviews
Pro's & Con's
Pro's
  • Long-established presence since 2014
  • Simple and user-friendly interface
  • Supports numerous cryptocurrencies
  • Integrated DApp browser
Con's
  • Infrequent software updates
  • Outdated design
Pro's
  • Seamless integration with Coinbase exchange accounts.
  • Intuitive and user-friendly interface, ideal for beginners.
  • High-quality and clear design.
  • Includes a Web3 browser extension for easy access to decentralized applications.
  • Supports a wide range of cryptocurrencies and tokens.
Con's
  • Inconsistent customer support can lead to user dissatisfaction.
  • Higher transaction and network fees compared to some other wallets.
  • Centralized control may not appeal to users preferring decentralized options.
  • Limited advanced features for experienced users.

User Interface

Information

Wallet type
Software
Software
Price (Hardware)
Supported assets
1770
+
180
+
Open Source
yes
Yes
no
No
yes
Yes
no
No
Anonymity
Low
Medium
High
Low
Medium
High
Private Key Owner
You (Non-Custodial)
You (Non-Custodial)
Popularity
67,098 followers
267.360 Follower

Hardware

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

Features

Buy & Sell
yes
Yes
no
No
yes
Yes
no
No
Staking
yes
Yes
no
No
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
yes
Yes
no
No
Backup
Recovery Seed (24 words)
Recovery Seed (12 Words)
Unique Features

-

  • Browser extension
  • Lending (earning interest)
  • DApp Browser
Available for US users?
yes
Yes
no
No
yes
Yes
no
No
Platforms

Wallet Rating

Overall rating
5.8
10
8.3
10
Our individual ratings
Operation
7
10
complicated
simple
Supported Assets
1770
180
simple
extensive
Security & Trust
6
8
simple
extensive
Functions & Scope
6
9
simple
extensive
Beginner friendliness
6
10
simple
extensive
Support
2
5
simple
extensive

About

The Company
Coinomi
Coinbase, Inc.
Headquarters
British Virgin Islands
USA
Company size
Small
Medium
Large
Small
Medium
Large
Founder
George Kimionis
Brian Armstrong, Fred Ehrsam
Year of foundation
2014
2012

Our Review

Coinomi Wallet is a well-known and one of the oldest software wallets in the cryptocurrency space. The wallet provides a very straightforward interface to manage, buy, and exchange cryptocurrencies. The wallet places a strong emphasis on privacy and security. With the Coinomi wallet, you can buy and exchange cryptocurrencies as well as use the integrated DApp browser that provides access to various decentralized applications. While Coinomi is a reliable wallet, we would recommend considering a more modern software wallet, that provides a more user-friendly interface as well as an active development community that keeps building out features for the wallet. At this moment it appears somewhat outdated by today's standards.

Coinomi
Review

The Coinbase wallet is designed for beginners and offers an intuitive and clear design. Users who already have a Coinbase account can link their account directly with the wallet. The Coinbase wallet offers a feature-rich environment for beginners as well as advanced users, allowing easy access to Web3 applications, wallet swapping, portfolio management, and NFT support. While the wallet is great for beginners, we see a good amount of dissatisfaction with customer support. While customer support can be sporadic and take longer, we still recommend the coinbase software wallet, in particular, if you are a beginner.

Coinbase Wallet
Review
By
Ethan Parker
Senior Content Editor

Summary

Ethan Parker
By
Ethan Parker
Updated:
August 20, 2024

About the author

Ethan Parker
Ethan Parker
Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

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