Coinbase®(Wallet) Extension®

Coinbase® Extension® Learn how to install, create, or import your Coinbase Wallet extension on your Chrome or Brave browser. The extension lets you explore dapps

Setting up a cryptocurrency wallet on Coinbase involves a few steps. Coinbase provides both a web-based platform and a mobile app for users to create and manage their wallets. As of my last knowledge update in January 2022, here are the general steps for setting up a crypto wallet on Coinbase:

For Web (Coinbase.com):

1. Create an Account:

   • Visit the Coinbase website (coinbase.com) and click on "Sign Up."

   • Fill in the required information, including your email address, password, and any other details requested.

2. Verify Your Email:

   • After signing up, you will receive an email from Coinbase. Click the verification link in the email to confirm your account.

3. Provide Personal Information:

   • Complete the identity verification process by providing your personal information. This may include your legal name, date of birth, and address.

4. Secure Your Account:

   • Set up two-factor authentication (2FA) for an extra layer of security. This is highly recommended to protect your account.

5. Access Your Dashboard:

   • Once your account is verified, log in to your Coinbase account and access your dashboard.

6. Navigate to Wallet:

   • On the dashboard, find and click on the "Wallet" option. This is where you can manage your crypto wallets.

7. Create a New Wallet:

   • Look for an option to create a new wallet. Follow the on-screen instructions to set up your new cryptocurrency wallet.

8. Backup Your Recovery Phrase:

   • Coinbase typically provides you with a recovery phrase. Write down this recovery phrase and store it in a safe place. This phrase is crucial for recovering your wallet if you forget your password or lose access.

9. Explore Wallet Features:

   • Familiarize yourself with the features of your Coinbase wallet, such as buying/selling cryptocurrencies, sending/receiving funds, and viewing transaction history.

For Mobile (Coinbase App):

1. Download and Install the Coinbase App:

   • Download the Coinbase app from the App Store (iOS) or Google Play Store (Android) and install it on your mobile device.

2. Sign Up or Log In:

   • Open the app and sign up for a new account or log in if you already have one.

3. Complete Identity Verification:

   • Follow the prompts to complete identity verification. Provide the necessary information and documents as requested.

4. Secure Your Account:

   • Enable two-factor authentication (2FA) for added security.

5. Access Your Wallet:

   • Once your account is set up, navigate to the "Portfolio" or "Accounts" section to access your wallet.