Coinbase Wallet is a cryptocurrency wallet that allows you to store, send, and receive digital currency like Bitcoin, Ethereum, and Litecoin. You can also use Coinbase Wallet to manage your ERC20 tokens and ERC721 collectables. This article will show you how to install Coinbase Wallet on your Android device.
How To Use Coinbase Wallet App:
- Open the Coinbase Wallet app and tap “Create a new wallet.” Enter your name and email address, and create a strong password. Once you have entered this information, tap “Continue.”
- You will then be given a 12-word recovery phrase. This phrase is very important as it is used to restore your wallet if you ever lose access to your device. Please write down the phrase and store it in a safe place. Once you have written down the phrase, tap “Continue.”
- You will then be asked to confirm your recovery phrase by tapping on the words in the correct order. Once you have confirmed your recovery phrase, tap “Create wallet.”
- Your wallet will now be created, and you will be shown your public address. To receive cryptocurrency, share this address with the sender. To send cryptocurrency, tap on the “Send” tab and enter the amount you would like to send as well as the public address of the recipient. Tap “Send” when you are ready to complete the transaction.
Key Features of Coinbase Wallet App:
Crypto is a secure and fast way to move money from place to place. To protect your crypto wallet, add passcodes or remotely disable access on devices if they get lost or stolen!
Blockchains also allow for quick transactions with little effort, partly because of their built-in security features like multi-stage verification, which includes bank-level safeguarding standards.
- Stay up to date with the latest news and build your crypto knowledge.
- Get a holistic picture of your worth by tracking prices on our dashboard anywhere at any time!
- They have made it easy for anyone who wants in on this exciting new market without having too many details right away; add bitcoin or ethereum to their watchlist so they can see what’s going down live as soon as it’s happening
Coinbase Wallet is a great way to store your cryptocurrencies safely and securely. This article showed you how to install Coinbase Wallet on your Android device and create a new wallet. We also showed you how to receive and send cryptocurrency using Coinbase Wallet. Thanks for reading!