In order to concentrate its various on-chain activities in one place, Coinbase has launched a new service called Web Coinbase Wallet. What is it?
Web Coinbase Wallet: an all-in-one space for your on-chain activity
This week, Coinbase unveiled a new browser app that's supposed to let you manage all of your on-chain activities from a single location: Web Coinbase Wallet.
Meet the new Coinbase Wallet web app.
All of your crypto. All of your wallets. All in one place.
Your new home for everything onchain.
→ https://t.co/fQKwk1nr2W pic.twitter.com/3dQrcmA359
— Coinbase Wallet 🛡️ (@CoinbaseWallet) July 11, 2024
💡 How to buy Coinbase (COIN) stock?
The advantage of this tool is that it allows to connect several existing wallets to itin addition to the possibility of creating a new one:
The Coinbase Wallet Web App is a new website that serves as a gateway to the on-chain ecosystem. You can connect multiple wallets and see a complete picture of your onchain assets in one place, including crypto, NFT, and DeFi holdings, without having to switch between wallets. By consolidating your wallets and providing a complete 360-degree view of your portfolio, we aim to reduce inefficiencies and frustrations.
Once the wallets are connected, the application allows the visualization of its assets, but also access to a directory of decentralized applications, similar to what MetaMask or Ledger Live can already offer:
Coinbase Wallet Web Interface
For now, These are 8 different blockchains that are supported to make swaps from this space:
- Ethereum (ETH);
- Base ;
- Arbitration (ARB);
- Optimism (OP);
- BNB Smart Chain;
- Polygon (MATIC);
- Avalanche (AVAX);
- Solana (SOL).
In addition, the decentralized applications (dApps) marketplace integrates access to various decentralized finance (DeFi) tools such as bridges or lending protocols, as well as applications related to non-fungible tokens (NFTs).
👉 Also read — Crypto stocks: The 6 companies experiencing phenomenal growth
At the close of trading on Friday, Coinbase stock closed up 1.58%At $218.02 each, the stock has a market capitalization of $53.54 billion.
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Source: Coinbase
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