Coinbase extension- An effortless way to use Coinbase wallet

Crypto has already made a remarkable position in the world and to explore this crypto world safely, the Coinbase wallet is the key. With this key by your side, you can create a crypto wallet for yourself and then safely store crypto and NFTs in it. The wallet is available as a Coinbase extension for Google Chrome and can also be used as a smartphone app allowing you to access the Defi world and decentralized apps safely.

To have a better understanding of this wallet, take a stroll through this read further.

The key features of the Coinbase extension are as follows

The following is the list of features that you'll get to use when you set up your access to the platform. After setting up your wallet, you can:

• Make a thorough exploration of the decentralized web with much confidence
• In case you are looking forward to starting your own NFT collection, then this wallet has got you covered
• Gain access to using the Decentralized financing features which in turn help you to earn yields
• Apart from storing and managing your crypto assets, you can also trade a huge collection of tokens on decentralized exchanges
• Additionally, you can also make your crypto work the way you want
• Within the Coinbase extension, they have included the Coinbase Pay feature that allows you to convert your cash to crypto in around 90 countries of the world so that you can easily fund your Coinbase wallet whenever you want
• Apart from that, one can connect to a wide range of decentralized apps that are based on the Ethereum or EVM-compatible networks. These networks may include Avalanche, Polygon, BNB Chain, and many more

Downloading and installing the Coinbase extension

To get started with using the Coinbase wallet functionalities, you can either install the Coinbase extension or the wallet app on your device. To do so, here are the steps to be followed:

IMPORTANT: Make sure that you perform the following steps only from your Chrome web browser because this extension is currently only available for Chrome users.

1. First of all, you need to navigate to the official website of the coinbase wallet
2. The website URL for the same is https://www.coinbase.com/wallet
3. Once you are there on the platform, you can simply select the "Download" button
4. To proceed further, choose the "Download for Chrome" option
5. The Chrome web store opens where you'll see the option to get the Coinbase extension
6. On this page, select the option referred to as "Add to Chrome"
7. Right after this, you can choose the "Add extension" option to confirm your action

How to set up a new wallet on the Coinbase extension?

After downloading the Coinbase extension or its mobile app, you need to set up your wallet by following some easy instructions as explained below:

1. Begin the process by opening the wallet extension
2. On the main screen, proceed by selecting the "Create a new wallet" option
3. After reviewing their terms and agreement, select the given box
4. Pick a suitable username for your wallet
5. If you feel the need to change this username, you can do this only once in a year
6. It's time to set up your username preferences
7. Thereafter, you can choose a preferred security method
8. When you are shown the 12-word Secret Recovery Phrase, you need to back it up and confirm it

Conclusion:

This post was all about how one can start using the Coinbase extension to gain access to the wallet services. If you are interested in knowing more about this platform or you have any queries regarding this, then you surely can get ahead and learn more about it from the official website.

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