To get started with your Coinbase wallet, you need to set up an account first. There are two main types of accounts: business accounts and individual user accounts. Having a business account is a good idea if you are going to store high amounts of crypto. If you are using a personal account, you can create an individual account if you don’t plan on using your wallet for business purposes. Once you have an account, you’ll need to verify your phone number by using 2FA, which is a simple, yet effective, way to safeguard your wallet from unauthorised access.
The Coinbase wallet has an organized framework for dynamic transaction charges, acts as a global platform, and facilitates the protected offline storage of over 98% of your digital assets. You can use the Coinbase mobile application for iOS and Android devices to access your coins and can even buy insurance policies through the service. There’s also a support service to help you if you have questions. It’s also easy to transfer crypto from your wallet to another one if you need to.
The Coinbase wallet interface is easy to use, even for beginners. You simply need to provide your first and last name and active email address. Then, you’ll need to set a password and verify that you’re actually you. In addition to a business account, you can create an individual account with Coinbase as well. The best part about the Coinbase wallet is that it supports both business and individual accounts. You can choose which account suits your needs best.