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Wow Coinbase sounds super versatile Its cool that it supports thousands of assets and can be converted to cold storage.Coinbase Wallet allows users to store cryptocurrency themselves instead of keeping it in the custody of Coinbase. This wallet supports Thousands of assets
it can be converted to cold storage: and has staking/DeFi support
But the cryptocurrency are stored on coinbase network and we don't have full access to the coin because we are not given pass phrase or private key to write down.Coinbase Wallet allows users to store cryptocurrency themselves instead of keeping it in the custody of Coinbase. This wallet supports Thousands of assets
it can be converted to cold storage: and has staking/DeFi support
I think coinbase wallet is just like any think coinbase wallet is just like any other cryptocurrency wallet, but you have to write the phrases and keep it safe just like safepal.But the cryptocurrency are stored on coinbase network and we don't have full access to the coin because we are not given pass phrase or private key to write down.
But have you been shown an option to save your pass phrase before? Because since I have been using the wallet more than 5 years now, I have never seen an option to save pass phrase beforeI think coinbase wallet is just like any think coinbase wallet is just like any other cryptocurrency wallet, but you have to write the phrases and keep it safe just like safepal.
I personally do not use coinbase instead I use safepal, trust wallet and metamask. I am even planning to buy a cold wallet when the funds comes.But have you been shown an option to save your pass phrase before? Because since I have been using the wallet more than 5 years now, I have never seen an option to save pass phrase before
What is it that you see in cold wallet. I don't like the wallet because if any thing should happen to the wallet like damage or been stollen then our coin will be gone. Trust wallet, coinomi is still a better way to save our coinI personally do not use coinbase instead I use safepal, trust wallet and metamask. I am even planning to buy a cold wallet when the funds comes.
The reason coldwallet is good is because it cannot be hacked. That is why it is better than hot wallet that hackers can access.What is it that you see in cold wallet. I don't like the wallet because if any thing should happen to the wallet like damage or been stollen then our coin will be gone. Trust wallet, coinomi is still a better way to save our coin
I know that it can not be hacked, so as offline wallet that will generate pass phrase for us can never be hacked. It is good but offline wallet like coinomi is betterThe reason coldwallet is good is because it cannot be hacked. That is why it is better than hot wallet that hackers can access.
I don't know much about coinomi but I would like to give it a try. The downside about cold wallet is that you will pay before you have accessI know that it can not be hacked, so as offline wallet that will generate pass phrase for us can never be hacked. It is good but offline wallet like coinomi is better
I use Coinbase wallet and exchange. In fact, Coinbase is the first crypto wallet/exchange I started using. However, you can also send crypto for free on Binance (when the transfer is between members). The major problem with coinbase is it does not offer full functionality in many countries.I have used CoinBase for many years, but my simple reason is you can't send Bitcoin through the mail yet amd most other websites charge high fees. With CoinBase I can send to other CoinBase members with no fees at all.